Ever Glory United Holdings (SGX:ZKX) Change In Receivables : S$-7.07 Mil (TTM As of Jun. 2024)

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What is Ever Glory United Holdings Change In Receivables?

Ever Glory United Holdings's change in receivables for the quarter that ended in Jun. 2024 was S$-6.92 Mil. It means Ever Glory United Holdings's Accounts Receivable increased by S$6.92 Mil from Dec. 2023 to Jun. 2024 .

Ever Glory United Holdings's change in receivables for the fiscal year that ended in Dec. 2023 was S$-5.39 Mil. It means Ever Glory United Holdings's Accounts Receivable increased by S$5.39 Mil from Dec. 2022 to Dec. 2023 .

Ever Glory United Holdings's Accounts Receivable for the quarter that ended in Jun. 2024 was S$16.88 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. Ever Glory United Holdings's Days Sales Outstanding for the six months ended in Jun. 2024 was 95.97.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Ever Glory United Holdings's liquidation value for the six months ended in Jun. 2024 was S$-3.24 Mil.

Ever Glory United Holdings Change In Receivables Historical Data

The historical data trend for Ever Glory United 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.

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Ever Glory United Holdings Change In Receivables Chart

Ever Glory United Holdings Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Change In Receivables

-6.36

2.19

-5.11

-5.39

Ever Glory United Holdings Semi-Annual Data
	Dec20	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
Change In Receivables	Get a 7-Day Free Trial			-0.91	-4.20	-5.23	-0.16	-6.92

Ever Glory United 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 Jun. 2024 adds up the semi-annually data reported by the company within the most recent 12 months, which was S$-7.07 Mil.

Ever Glory United Holdings (SGX:ZKX) 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.

Ever Glory United Holdings's Days Sales Outstanding for the quarter that ended in Jun. 2024 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	16.884	/	32.108	*	91
=	95.97

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

Ever Glory United Holdings'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)
=	7.94	-	23.898	+	0.75 * 16.884	+	0.5 * 0.12
=	-3.24

Ever Glory United Holdings Change In Receivables Related Terms

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Ever Glory United Holdings Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Ever Glory United Holdings Ltd (SGX:ZKX) » Definitions » Change In Receivables

Comparable Companies

Traded in Other Exchanges

N/A

Address

3 Little Road, No. 03-01 CRF Building, Singapore, SGP, 536982

Website

Ever Glory United Holdings Ltd is a Singapore-based M&E engineering service provider specializing in providing a wide range of M&E engineering services. Its services involve projects in both public and private sectors, such as the development or redevelopment of HDB residential flats, private residential properties, private schools, mixed-use properties, commercial buildings, or industrial buildings. It provides M&E engineering services as either an NSC or a DSC. The company specializes in the following areas of M&E engineering services: ACMV systems; electrical engineering systems; FP systems; PSG systems; and IBS. The company has two segments: The construction segment relating to M&E engineering and Property development segment relating to development of properties.

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