Sino Horizon Holdings (TPE:2923) Change In Receivables : NT$49 Mil (TTM As of Mar. 2024)

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What is Sino Horizon Holdings Change In Receivables?

Sino Horizon Holdings's change in receivables for the quarter that ended in Mar. 2024 was NT$-15 Mil. It means Sino Horizon Holdings's Accounts Receivable increased by NT$15 Mil from Dec. 2023 to Mar. 2024 .

Sino Horizon Holdings's change in receivables for the fiscal year that ended in Dec. 2023 was NT$2 Mil. It means Sino Horizon Holdings's Accounts Receivable declined by NT$2 Mil from Dec. 2022 to Dec. 2023 .

Sino Horizon Holdings's Accounts Receivable for the quarter that ended in Mar. 2024 was NT$448 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 Horizon Holdings's Days Sales Outstanding for the three months ended in Mar. 2024 was 9.79.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Sino Horizon Holdings's liquidation value for the three months ended in Mar. 2024 was NT$-30,737 Mil.

Sino Horizon Holdings Change In Receivables Historical Data

The historical data trend for Sino Horizon 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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Sino Horizon Holdings Change In Receivables Chart

Sino Horizon Holdings Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Receivables

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-9.19

122.90

-49.28

-14.22

1.63

Sino Horizon Holdings Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Change In Receivables	Get a 7-Day Free Trial															-62.64	56.45	25.41	-17.59	-14.98

Sino Horizon 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. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was NT$49 Mil.

Sino Horizon Holdings (TPE:2923) 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 Horizon Holdings's Days Sales Outstanding for the quarter that ended in Mar. 2024 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	447.951	/	4176.626	*	91
=	9.79

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

Sino Horizon Holdings's liquidation value for the quarter that ended in Mar. 2024 is calculated as:

	Liquidation Value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	15956.406	-	71120.599	+	0.75 * 447.951	+	0.5 * 48182.286
=	-30,737

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Sino Horizon Holdings (TPE:2923) Business Description

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GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Sino Horizon Holdings Ltd (TPE:2923) » Definitions » Change In Receivables

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Address

450, Ruijin 2 Road, Huangpu District, Shanghai, CHN

Website

https://www.sinohorizon.tw

Sino Horizon Holdings Ltd provides real estate development services. The company manages, sells, and develops real estate businesses in China. Its reportable segments include real-estate sales, commercial leasing, property management, and others. The company derives the maximum revenue from the real-estate sales segment. Geographically, it operates in Mainland China.

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