HWGG (HWGG Entertainment) Change In Receivables: $1.04 Mil (TTM As of Dec. 2018)

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What is HWGG Entertainment Change In Receivables?

HWGG Entertainment HWGG Change In Receivables is $1.04 Mil as of Dec. 2018.

HWGG Entertainment's change in receivables for the quarter that ended in Dec. 2018 was $0.00 Mil. It means HWGG Entertainment's Accounts Receivable stayed the same from Jun. 2018 to Dec. 2018 .

HWGG Entertainment's change in receivables for the fiscal year that ended in Dec. 2018 was $0.05 Mil. It means HWGG Entertainment's Accounts Receivable declined by $0.05 Mil from Dec. 2017 to Dec. 2018 .

HWGG Entertainment's Accounts Receivable for the quarter that ended in Dec. 2018 was $0.13 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.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. HWGG Entertainment's liquidation value for the three months ended in Dec. 2018 was $-7.31 Mil.

HWGG Entertainment  (OTCPK:HWGG) 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.

HWGG Entertainment's Days Sales Outstanding for the quarter that ended in Dec. 2018 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=0.132/0*91
=

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

HWGG Entertainment's liquidation value for the quarter that ended in Dec. 2018 is calculated as:

Liquidation Value
=Cash, Cash Equivalents, Marketable Securities-Total Liabilities+(0.75 * Accounts Receivable)+(0.5 * Total Inventories)
=1.157-8.565+0.75 * 0.132+0.5 * 0
=-7.31

* 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.

HWGG Entertainment Change In Receivables Related Terms

HWGG Entertainment Change In Receivables Historical Data

* Premium members only.

The historical data trend for HWGG Entertainment'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.

HWGG Entertainment Change In Receivables Chart

HWGG Entertainment Annual Data
Trend Dec16 Dec17 Dec18
Change In Receivables
-0.75 -1.37 0.05

HWGG Entertainment Quarterly Data
Mar15 Jun15 Sep15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Dec18
Change In Receivables Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -0.03 0.03 -0.39 1.43 0.00

HWGG Entertainment 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. 2018 adds up the quarterly data reported by the company within the most recent 12 months, which was $1.04 Mil.

* 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.

Frequently Asked Questions Learn more about Change In Receivables →
What does a Change In Receivables of $1.04 Mil mean?
HWGG Entertainment (HWGG) has a Change In Receivables of $1.04 Mil as of Dec. 2018. Change in Receivables is the difference between current-period receivables and past-period receivables. View historical data for HWGG Entertainment and its competitors.
Is HWGG Entertainment's Change In Receivables too high?
HWGG Entertainment's current Change In Receivables is $1.04 Mil.
How does HWGG Entertainment's Change In Receivables compare to VSTO and BATRA?
HWGG Entertainment's Change In Receivables of $1.04 Mil can be compared against companies in the Travel & Leisure industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Change In Receivables for a Travel & Leisure company?
A good Change In Receivables depends on the Travel & Leisure industry context. However, Change In Receivables should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Change In Receivables mean?
A high Change In Receivables can signal that a stock is expensive relative to its fundamentals. Change in Receivables is the difference between current-period receivables and past-period receivables. View historical data for HWGG Entertainment and its competitors. HWGG Entertainment's current Change In Receivables is $1.04 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is HWGG Entertainment stock overvalued right now?
HWGG Entertainment (HWGG) has a current Change In Receivables of $1.04 Mil. The current Change In Receivables is $1.04 Mil. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Change In Receivables calculated?
Change In Receivables is calculated from a company's financial statements. For HWGG Entertainment (HWGG), the current Change In Receivables is $1.04 Mil as of Dec. 2018. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

HWGG Entertainment Business Description

Address No. 35, Jalan Maharajalela, Ground Floor, Wisma Ho Wah Genting, Kuala Lumpur, MYS, 50150
HWGG Entertainment Ltd through its subsidiary, is engaged in promoting entertainment membership, providing travel and tour, and entertainment packages and services via its mobile apps, and marketing services. It offers a travel membership that focuses on travel and entertainment around the world. The company offers services such as Twinstar Capital, Twinstar Leisure, Resorts World, Dream Cruise, Genting Taxi, HW Genting Club, and others.