Radiance Holdings (Group) Co (HKSE:09993) Change In Receivables : HK$-192 Mil (TTM As of Jun. 2024)

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What is Radiance Holdings (Group) Co Change In Receivables?

Radiance Holdings (Group) Co's change in receivables for the quarter that ended in Jun. 2024 was HK$-233 Mil. It means Radiance Holdings (Group) Co's Accounts Receivable increased by HK$233 Mil from Dec. 2023 to Jun. 2024 .

Radiance Holdings (Group) Co's change in receivables for the fiscal year that ended in Dec. 2023 was HK$245 Mil. It means Radiance Holdings (Group) Co's Accounts Receivable declined by HK$245 Mil from Dec. 2022 to Dec. 2023 .

Radiance Holdings (Group) Co's Accounts Receivable for the quarter that ended in Jun. 2024 was HK$41 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. Radiance Holdings (Group) Co's Days Sales Outstanding for the six months ended in Jun. 2024 was 0.42.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Radiance Holdings (Group) Co's liquidation value for the six months ended in Jun. 2024 was HK$-52,719 Mil.

Radiance Holdings (Group) Co Change In Receivables Historical Data

The historical data trend for Radiance Holdings (Group) 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.

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Radiance Holdings (Group) Co Change In Receivables Chart

Radiance Holdings (Group) Co Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Receivables

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-117.59

-372.09

-261.33

-1,138.68

244.52

Radiance Holdings (Group) Co Semi-Annual Data
	Dec17	Dec18	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
Change In Receivables	Get a 7-Day Free Trial							-152.93	-992.99	203.21	41.31	-232.91

Radiance Holdings (Group) 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 Jun. 2024 adds up the semi-annually data reported by the company within the most recent 12 months, which was HK$-192 Mil.

Radiance Holdings (Group) Co (HKSE:09993) 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.

Radiance Holdings (Group) Co's Days Sales Outstanding for the quarter that ended in Jun. 2024 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	40.697	/	17636.996	*	91
=	0.42

2. In Ben Graham's calculation of liquidation value, Radiance Holdings (Group) Co's accounts receivable are only considered to be worth 75% of book value:

Radiance Holdings (Group) Co's liquidation value for the quarter that ended in Jun. 2024 is calculated as:

	Liquidation Value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	3116.863	-	82794.352	+	0.75 * 40.697	+	0.5 * 53856.13
=	-52,719

Radiance Holdings (Group) Co Change In Receivables Related Terms

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Radiance Holdings (Group) Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Radiance Holdings (Group) Co Ltd (HKSE:09993) » Definitions » Change In Receivables

Traded in Other Exchanges

RDH:Germany

Address

Qiyang Road, 42nd Floor, Radiance Plaza, Wangjing, Chaoyang District, Beijing, CHN, 100029

Website

http://www.radiance.com.cn

Radiance Holdings (Group) Co Ltd is an investment holding company engaged in the development and sale of properties, property leasing, and the provision of management consulting services. The company derives a majority of its revenue from Mainland China.

Executives

Glowing Shine Limited	2101 Beneficial owner
Radiance Group Holdings Limited	2201 Interest of corporation controlled by you
Lam Fung Ying	2201 Interest of corporation controlled by you
Lam Ting Keung	2201 Interest of corporation controlled by you

Radiance Holdings (Group) Co Headlines

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