PMA (Ming Shing Group Holdings) Change In Receivables: $2.26 Mil (TTM As of Sep. 2025)


PMA Ming Shing Group Holdings Ltd PMA
17 GF Score
Price $1.62
! 5 Warning Signs
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What is Ming Shing Group Holdings Change In Receivables?

Ming Shing Group Holdings PMA +21.80% 17 Change In Receivables is $2.26 Mil as of Sep. 2025. GuruFocus rates PMA with a GF Score™ of 17/100. The stock has 5 warning signs investors should review.

Ming Shing Group Holdings's change in receivables for the quarter that ended in Sep. 2025 was $5.48 Mil. It means Ming Shing Group Holdings's Accounts Receivable declined by $5.48 Mil from Mar. 2025 to Sep. 2025 .

Ming Shing Group Holdings's change in receivables for the fiscal year that ended in Mar. 2025 was $-3.52 Mil. It means Ming Shing Group Holdings's Accounts Receivable increased by $3.52 Mil from Mar. 2024 to Mar. 2025 .

Ming Shing Group Holdings's Accounts Receivable for the quarter that ended in Sep. 2025 was $1.88 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. Ming Shing Group Holdings's Days Sales Outstanding for the six months ended in Sep. 2025 was 40.65.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Ming Shing Group Holdings's liquidation value for the six months ended in Sep. 2025 was $-8.40 Mil.

Ming Shing Group Holdings  (NAS:PMA) 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.

Ming Shing Group Holdings's Days Sales Outstanding for the quarter that ended in Sep. 2025 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=1.878/8.431*91
=40.65

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

Ming Shing Group Holdings's liquidation value for the quarter that ended in Sep. 2025 is calculated as:

Liquidation Value
=Cash, Cash Equivalents, Marketable Securities-Total Liabilities+(0.75 * Accounts Receivable)+(0.5 * Total Inventories)
=0.591-10.399+0.75 * 1.878+0.5 * 0
=-8.40

* 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.

Ming Shing Group Holdings Change In Receivables Related Terms

Ming Shing Group Holdings Change In Receivables Historical Data

* Premium members only.

The historical data trend for Ming Shing Group 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.

Ming Shing Group Holdings Change In Receivables Chart

Ming Shing Group Holdings Annual Data
Trend Mar21 Mar22 Mar23 Mar24 Mar25
Change In Receivables
-0.09 -2.42 -2.10 -1.97 -3.52

Ming Shing Group Holdings Semi-Annual Data
Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25
Change In Receivables Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.33 -2.30 -0.30 -3.22 5.48
PMA
17GF Score
Ming Shing Group Holdings Ltd PMA
Change In Receivables is just one metric. See GF Score™, valuation, warning signs, and more.
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Ming Shing Group 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 Sep. 2025 adds up the semi-annually data reported by the company within the most recent 12 months, which was $2.26 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 $2.26 Mil mean?
Ming Shing Group Holdings (PMA) has a Change In Receivables of $2.26 Mil as of Sep. 2025. Change in Receivables is the difference between current-period receivables and past-period receivables. View historical data for Ming Shing Group Holdings and its competitors.
Is Ming Shing Group Holdings' Change In Receivables too high?
Ming Shing Group Holdings' current Change In Receivables is $2.26 Mil. Overall, Ming Shing Group Holdings has a GF Score™ of 17/100, reflecting its overall financial health beyond just this single metric.
How does Ming Shing Group Holdings' Change In Receivables compare to ONEG and ZDAI?
Ming Shing Group Holdings' Change In Receivables of $2.26 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 Ming Shing Group Holdings and its competitors. Ming Shing Group Holdings's current Change In Receivables is $2.26 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ming Shing Group Holdings stock overvalued right now?
Ming Shing Group Holdings (PMA) has a current Change In Receivables of $2.26 Mil. The current Change In Receivables is $2.26 Mil. Ming Shing Group Holdings' overall GF Score™ is 17/100 with 5 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 Ming Shing Group Holdings (PMA), the current Change In Receivables is $2.26 Mil as of Sep. 2025. 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.

Ming Shing Group Holdings Business Description

Address No. 888 Lai Chi Kok Road, Office Unit B8, 27th floor, NCB Innovation Centre, Kowloon, Hong Kong, HKG
Ming Shing Group Holdings Ltd is a holding company, which is principally operated through its indirectly wholly-owned Hong Kong Operating Subsidiaries, MS (HK) Engineering Limited and MS Engineering Co., Limited. It is engaged in wet trades works, such as plastering works, tile laying works, brick laying works, floor screeding works and marble works. the company is mainly engaged in private-sector projects in Hong Kong. Its private sector projects mainly involve private residential developments and commercial developments. The project owners of its private sector projects are generally property developers, and its customers are generally main contractors and wet trades work subcontractors engaged under such projects. It derives maximum revenue from Private sector.
17GF Score

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

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