Sun Hung Kai (STU:SHK) Change In Receivables : €-24.3 Mil (TTM As of Jun. 2024)

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What is Sun Hung Kai Change In Receivables?

Sun Hung Kai's change in receivables for the quarter that ended in Jun. 2024 was €-22.2 Mil. It means Sun Hung Kai's Accounts Receivable increased by €22.2 Mil from Dec. 2023 to Jun. 2024 .

Sun Hung Kai's change in receivables for the fiscal year that ended in Dec. 2023 was €80.4 Mil. It means Sun Hung Kai's Accounts Receivable declined by €80.4 Mil from Dec. 2022 to Dec. 2023 .

Sun Hung Kai's Accounts Receivable for the quarter that ended in Jun. 2024 was €0.0 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. Sun Hung Kai's Days Sales Outstanding for the six months ended in Jun. 2024 was 0.00.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Sun Hung Kai's liquidation value for the six months ended in Jun. 2024 was €-1,167.3 Mil.

Sun Hung Kai Change In Receivables Historical Data

The historical data trend for Sun Hung Kai'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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Sun Hung Kai Change In Receivables Chart

Sun Hung Kai Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Receivables

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-124.46

-24.01

-221.72

-2.16

80.43

Sun Hung Kai Semi-Annual Data
	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
Change In Receivables	Get a 7-Day Free Trial															4.64	-6.83	82.81	-2.09	-22.16

Sun Hung Kai 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 €-24.3 Mil.

Sun Hung Kai (STU:SHK) 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.

Sun Hung Kai's Days Sales Outstanding for the quarter that ended in Jun. 2024 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	0	/	117.784	*	91
=	0.00

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

Sun Hung Kai'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)
=	645.661	-	1812.918	+	0.75 * 0	+	0.5 * 0
=	-1,167.3

Sun Hung Kai Change In Receivables Related Terms

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Sun Hung Kai Business Description

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GURUFOCUS.COM » STOCK LIST » Financial Services » Credit Services » Sun Hung Kai & Co Ltd (STU:SHK) » Definitions » Change In Receivables

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SHGKY:USA SHGKF:USA 00086:Hong Kong

Address

33 Hysan Avenue, 40th Floor, Lee Garden One, Causeway Bay, Hong Kong, HKG

Website

https://www.shkco.com

Sun Hung Kai & Co Ltd is an investment and finance firm. Its businesses are Credit Business, Investment Management, and Funds Management. It offers wealth management and brokerage, capital markets, consumer finance, structured finance, and principal investment services. The geographical area of operation is Hong Kong, Mainland China, and others. Its revenue is derived from the Hong Kong region. Its segments comprise Consumer Finance; Mortgage Loans; Private Credit; Investment Management; Funds Management; and Group Management and Support. The company generates maximum revenue from the Consumer Finance segment.

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