PHOE (Phoenix Asia Holdings) Change In Receivables: $-3.06 Mil (TTM As of Mar. 2026)

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PHOE Phoenix Asia Holdings Ltd PHOE
21 GF Score
Price $21.02
! 3 Warning Signs
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What is Phoenix Asia Holdings Change In Receivables?

Phoenix Asia Holdings PHOE +4.67% 21 Change In Receivables is $-3.06 Mil as of Mar. 2026. GuruFocus rates PHOE with a GF Score™ of 21/100. The stock has 3 warning signs investors should review.

Phoenix Asia Holdings's change in receivables for the quarter that ended in Mar. 2026 was $0.52 Mil. It means Phoenix Asia Holdings's Accounts Receivable declined by $0.52 Mil from Sep. 2025 to Mar. 2026 .

Phoenix Asia Holdings's change in receivables for the fiscal year that ended in Mar. 2026 was $-3.06 Mil. It means Phoenix Asia Holdings's Accounts Receivable increased by $3.06 Mil from Mar. 2025 to Mar. 2026 .

Phoenix Asia Holdings's Accounts Receivable for the quarter that ended in Mar. 2026 was $4.62 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. Phoenix Asia Holdings's Days Sales Outstanding for the six months ended in Mar. 2026 was 228.15.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Phoenix Asia Holdings's liquidation value for the six months ended in Mar. 2026 was $3.19 Mil.

Phoenix Asia Holdings  (NAS:PHOE) 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.

Phoenix Asia Holdings's Days Sales Outstanding for the quarter that ended in Mar. 2026 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=4.618/3.694*91
=228.15

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

Phoenix Asia Holdings's liquidation value for the quarter that ended in Mar. 2026 is calculated as:

Liquidation Value
=Cash, Cash Equivalents, Marketable Securities-Total Liabilities+(0.75 * Accounts Receivable)+(0.5 * Total Inventories)
=0.893-1.165+0.75 * 4.618+0.5 * 0
=3.19

* 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.

Phoenix Asia Holdings Change In Receivables Related Terms

Phoenix Asia Holdings Change In Receivables Historical Data

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The historical data trend for Phoenix Asia Holdings'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.

Phoenix Asia Holdings Change In Receivables Chart

Phoenix Asia Holdings Annual Data
Trend Mar23 Mar24 Mar25 Mar26
Change In Receivables
-0.11 -1.61 0.73 -3.06

Phoenix Asia Holdings Semi-Annual Data
Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 Mar26
Change In Receivables Get a 7-Day Free Trial -0.86 -0.05 0.78 -3.58 0.52
PHOE
21GF Score
Phoenix Asia Holdings Ltd PHOE
Change In Receivables is just one metric. See GF Score™, valuation, warning signs, and more.
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Phoenix Asia Holdings 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 Mar. 2026 adds up the semi-annually data reported by the company within the most recent 12 months, which was $-3.06 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 $-3.06 Mil mean?
Phoenix Asia Holdings (PHOE) has a Change In Receivables of $-3.06 Mil as of Mar. 2026. Change in Receivables is the difference between current-period receivables and past-period receivables. View historical data for Phoenix Asia Holdings and its competitors.
Is Phoenix Asia Holdings' Change In Receivables too high?
Phoenix Asia Holdings' current Change In Receivables is $-3.06 Mil. Overall, Phoenix Asia Holdings has a GF Score™ of 21/100, reflecting its overall financial health beyond just this single metric.
How does Phoenix Asia Holdings' Change In Receivables compare to BBCP and ORN?
Phoenix Asia Holdings' Change In Receivables of $-3.06 Mil can be compared against companies in the Construction 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 Construction company?
A good Change In Receivables depends on the Construction 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 Phoenix Asia Holdings and its competitors. Phoenix Asia Holdings's current Change In Receivables is $-3.06 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Phoenix Asia Holdings stock overvalued right now?
Phoenix Asia Holdings (PHOE) has a current Change In Receivables of $-3.06 Mil. The current Change In Receivables is $-3.06 Mil. Phoenix Asia Holdings' overall GF Score™ is 21/100 with 3 warning signs to review. 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 Phoenix Asia Holdings (PHOE), the current Change In Receivables is $-3.06 Mil as of Mar. 2026. 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.

Phoenix Asia Holdings Business Description

Address 19 Lam Hing Street, Workshop B14, 8th Floor, Block B, Tonic Industrial Center, Kowloon Bay, Hong Kong, HKG
Phoenix Asia Holdings Ltd operates its business through its indirectly wholly-owned Operating Subsidiary, It is engaged in substructure works, such as site formation, ground investigation and foundation works, in Hong Kong. To a lesser extent, the company also provides other construction services such as structural steelworks.
21GF Score

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Change In Receivables is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$21.02
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