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Grand Fortune High Grade (LSE:GFHG) Change In Receivables : £0.00 Mil (TTM As of Oct. 2023)


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What is Grand Fortune High Grade Change In Receivables?

Grand Fortune High Grade's change in receivables for the quarter that ended in Oct. 2023 was £0.00 Mil. It means Grand Fortune High Grade's Accounts Receivable stayed the same from Apr. 2023 to Oct. 2023 .

Grand Fortune High Grade's change in receivables for the fiscal year that ended in Apr. 2023 was £0.00 Mil. It means Grand Fortune High Grade's Accounts Receivable stayed the same from Apr. 2022 to Apr. 2023 .

Grand Fortune High Grade's Accounts Receivable for the quarter that ended in Oct. 2023 was £0.00 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. Grand Fortune High Grade's liquidation value for the six months ended in Oct. 2023 was £1.04 Mil.

Grand Fortune High Grade Change In Receivables Historical Data

The historical data trend for Grand Fortune High Grade'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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Grand Fortune High Grade Change In Receivables Chart

Grand Fortune High Grade Annual Data
Trend Apr18 Apr19 Apr20 Apr21 Apr22 Apr23
Change In Receivables
Get a 7-Day Free Trial -0.01 0.01 - - -

Grand Fortune High Grade Semi-Annual Data
Oct17 Apr18 Oct18 Apr19 Oct19 Apr20 Oct20 Apr21 Oct21 Apr22 Oct22 Apr23 Oct23
Change In Receivables Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - - - - -

Grand Fortune High Grade 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 Oct. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was £0.00 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.

Grand Fortune High Grade  (LSE:GFHG) 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.

Grand Fortune High Grade's Days Sales Outstanding for the quarter that ended in Oct. 2023 is calculated as:

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

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

Grand Fortune High Grade's liquidation value for the quarter that ended in Oct. 2023 is calculated as:

Liquidation Value
=Cash, Cash Equivalents, Marketable Securities-Total Liabilities+(0.75 * Accounts Receivable)+(0.5 * Total Inventories)
=1.093-0.05+0.75 * 0+0.5 * 0
=1.04

* 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.

Grand Fortune High Grade Change In Receivables Related Terms

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Grand Fortune High Grade (LSE:GFHG) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Education » Grand Fortune High Grade Ltd (LSE:GFHG) » Definitions » Change In Receivables
Comparable Companies
BOM:501370 BOM:532019 OSTO:APRNDR HKSE:08417 HKSE:08160 BOM:533540 ISX:IDEA LEAI HKSE:08363 BOM:534312
Traded in Other Exchanges
N/A
Address
No. 2193 Guangyuan East, Room No. 1805, Times New World Center, Tianhe District, Guangdong Province, Guangzhou, CHN
Website
http://www.gf-hg.com
Grand Fortune High Grade Ltd provides financial training, corporate training, and professional qualification courses. The company is focused on development, by organic growth, it's a financial training business to satisfy the significant demand for financial sector specialists. The firm operates in a single segment namely the Development and operation of financial training courses in China.

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