Huitongda Network Co (HKSE:09878) Change In Receivables : HK$0 Mil (TTM As of Dec. 2024)

View and export this data going back to 2022. Start your Free Trial

What is Huitongda Network Co Change In Receivables?

Huitongda Network Co's change in receivables for the quarter that ended in Dec. 2024 was HK$0 Mil. It means Huitongda Network Co's Accounts Receivable stayed the same from Jun. 2024 to Dec. 2024 .

Huitongda Network Co's change in receivables for the fiscal year that ended in Dec. 2024 was HK$-785 Mil. It means Huitongda Network Co's Accounts Receivable increased by HK$785 Mil from Dec. 2023 to Dec. 2024 .

Huitongda Network Co's Accounts Receivable for the quarter that ended in Dec. 2024 was HK$1,929 Mil.

Days Sales Outstanding measures of the average number of days that a company takes to collect revenue after a sale has been made. It is a financial ratio that illustrates how well a company's Accounts Receivable are being managed. Huitongda Network Co's Days Sales Outstanding for the six months ended in Dec. 2024 was 12.12.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Huitongda Network Co's liquidation value for the six months ended in Dec. 2024 was HK$-10,081 Mil.

Huitongda Network Co Change In Receivables Historical Data

The historical data trend for Huitongda Network Co's Change In Receivables can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Huitongda Network Co Change In Receivables Chart

Huitongda Network Co Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Change In Receivables

Get a 7-Day Free Trial

-1,069.25

-3,528.31

-1,771.06

-501.83

-785.47

Huitongda Network Co Semi-Annual Data
	Dec18	Dec19	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24	Dec24
Change In Receivables	Get a 7-Day Free Trial						-	-	-	-	-

Huitongda Network Co Change In Receivables Calculation

Change In Accounts Receivable relative to the previous period. It is any increase or decrease in the cash a company is owed by its customers.

Change In Receivables for the trailing twelve months (TTM) ended in Dec. 2024 adds up the semi-annually data reported by the company within the most recent 12 months, which was HK$0 Mil.

Huitongda Network Co (HKSE:09878) Change In Receivables Explanation

1. Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Days Sales Outstanding measures of the average number of days that a company takes to collect revenue after a sale has been made. It is a financial ratio that illustrates how well a company's Accounts Receivable are being managed.

Huitongda Network Co's Days Sales Outstanding for the quarter that ended in Dec. 2024 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	1929.093	/	29044.483	*	91
=	12.12

2. In Ben Graham's calculation of liquidation value, Huitongda Network Co's accounts receivable are only considered to be worth 75% of book value:

Huitongda Network Co's liquidation value for the quarter that ended in Dec. 2024 is calculated as:

	Liquidation Value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	7545.69	-	20158.332	+	0.75 * 1929.093	+	0.5 * 2170.284
=	-10,081

Huitongda Network Co Change In Receivables Related Terms

Thank you for viewing the detailed overview of Huitongda Network Co's Change In Receivables provided by GuruFocus.com. Please click on the following links to see related term pages.

Huitongda Network Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Huitongda Network Co Ltd (HKSE:09878) » Definitions » Change In Receivables

Comparable Companies

Traded in Other Exchanges

N/A

Address

50 Zhongling Street, Huitongda Building, Jiangsu Province, Nanjing, CHN

Website

https://www.htd.cn

Huitongda Network Co Ltd is engaged in the sales of a comprehensive suite of merchandise in the PRC and the provision of intelligent business and marketing subscription services, offering merchant solutions and rendering other various related services. Its business lines are the Commerce business which mainly includes direct sales and provision of marketplace service that enables merchants to sell their products to transacting users through the online platform and The service business segment, which mainly represents the provision of intelligent business and marketing SaaS+ subscription service and a collection of merchant solutions. It generates the majority of its revenue from the Commerce business.

Executives

Alibaba Group Holding Limited	2201 Interest of corporation controlled by you
Taobao China Holding Limited	2201 Interest of corporation controlled by you
Taobao Holding Limited	2201 Interest of corporation controlled by you
Zhe Jiang Tian Mao Ji Shu You Xian Gong Si	2201 Interest of corporation controlled by you
Tao Bao Zhong Guo Ruan Jian You Xian Gong Si	2201 Interest of corporation controlled by you
A Li Ba Ba Zhong Guo Wang Luo Ji Shu You Xian Gong Si	2101 Beneficial owner
Xu Xiuxian	2101 Beneficial owner
Wang Jianguo

Huitongda Network Co Headlines

No Headlines