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Sino Payments (Sino Payments) Change In Receivables : $-1.53 Mil (TTM As of Sep. 2023)


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What is Sino Payments Change In Receivables?

Sino Payments's change in receivables for the quarter that ended in Sep. 2023 was $-0.56 Mil. It means Sino Payments's Accounts Receivable increased by $0.56 Mil from Jun. 2023 to Sep. 2023 .

Sino Payments's change in receivables for the fiscal year that ended in Dec. 2022 was $-1.19 Mil. It means Sino Payments's Accounts Receivable increased by $1.19 Mil from Dec. 2021 to Dec. 2022 .

Sino Payments's Accounts Receivable for the quarter that ended in Sep. 2023 was $1.46 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. Sino Payments's Days Sales Outstanding for the three months ended in Sep. 2023 was 45.12.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Sino Payments's liquidation value for the three months ended in Sep. 2023 was $-3.44 Mil.


Sino Payments Change In Receivables Historical Data

The historical data trend for Sino Payments'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.

* Premium members only.

Sino Payments Change In Receivables Chart

Sino Payments Annual Data
Trend Aug13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Change In Receivables
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.25 -0.24 -0.79 -0.46 -1.19

Sino Payments Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.48 -0.41 -0.11 -0.45 -0.56

Sino Payments 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. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $-1.53 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.


Sino Payments  (OTCPK:SNPY) 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.

Sino Payments's Days Sales Outstanding for the quarter that ended in Sep. 2023 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=1.464/2.961*91
=45.12

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

Sino Payments's liquidation value for the quarter that ended in Sep. 2023 is calculated as:

Liquidation Value
=Cash, Cash Equivalents, Marketable Securities-Total Liabilities+(0.75 * Accounts Receivable)+(0.5 * Total Inventories)
=0.235-4.914+0.75 * 1.464+0.5 * 0.273
=-3.44

* 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.


Sino Payments Change In Receivables Related Terms

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Sino Payments (Sino Payments) Business Description

Traded in Other Exchanges
Address
Shatin Industrial Centre, 5-7 Yuen Shun Circuit, Unit 02-03, 6th Floor, Block B, Shatin, Hong Kong, HKG
Value Exchange International Inc is a United States based software company. The company through its subsidiaries provides customer-centric hardware and software system solutions for the retail industry in China, Hong Kong, and Philippines. Its primary services and products of the IT Business are Systems maintenance and related service and Systems development and integration. The company serves Public and Retail sector. It get majority of its revenue from software development and maintenance services.
Executives
Matthew R Mecke director 6501 RED HOOK PLZA, STE 201-553, ST THOMAS VI 00802
Johan Pehrson director C/O JOHAN PEHRSON, HALMSTAD V7 30259
Tsang Po Yee Bella director, 10 percent owner 7/F DARTON TOWER, 142 WAI YIP ST, KWUN TONG, KOWLOON K3 00000
Chun Wing Yeung director 7/F DARTON TOWER, 142 WAI YIP ST, KWUN TONG, KOWLOON K3 00000
Seng Wee Tan director, 10 percent owner 7/F DARTON TOWER, 142 WAI YIP ST, KWUN TONG, KOWLOON K3 00000
Anthony Robinson director UNIT T25, GF BANGKOK BANK BUILDING, 18 BONHAM STRAND WEST, SHEUNG WAN K3 00000
Paul F. Manning director UNIT T25, GF BANGKOK BANK BUILDING, 18 BONHAM STRAND WEST, SHEUNG WAN K3 00000