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USpace Technology Group (USpace Technology Group) Change In Receivables : $0.00 Mil (TTM As of Dec. 2023)


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What is USpace Technology Group Change In Receivables?

USpace Technology Group's change in receivables for the quarter that ended in Dec. 2023 was $0.00 Mil. It means USpace Technology Group's Accounts Receivable stayed the same from Jun. 2023 to Dec. 2023 .

USpace Technology Group's change in receivables for the fiscal year that ended in Dec. 2023 was $-5.35 Mil. It means USpace Technology Group's Accounts Receivable increased by $5.35 Mil from Dec. 2022 to Dec. 2023 .

USpace Technology Group's Accounts Receivable for the quarter that ended in Dec. 2023 was $22.85 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. USpace Technology Group's Days Sales Outstanding for the six months ended in Dec. 2023 was 83.38.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. USpace Technology Group's liquidation value for the six months ended in Dec. 2023 was $-98.82 Mil.


USpace Technology Group Change In Receivables Historical Data

The historical data trend for USpace Technology Group'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.

USpace Technology Group Change In Receivables Chart

USpace Technology Group Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Change In Receivables
Get a 7-Day Free Trial Premium Member Only -5.55 6.64 -11.82 -0.22 -5.35

USpace Technology Group Semi-Annual Data
Dec15 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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 - - - - -

USpace Technology Group 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 Dec. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was $0.00 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.


USpace Technology Group  (OTCPK:USPCY) 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.

USpace Technology Group's Days Sales Outstanding for the quarter that ended in Dec. 2023 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=22.846/50.007*91
=83.38

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

USpace Technology Group's liquidation value for the quarter that ended in Dec. 2023 is calculated as:

Liquidation Value
=Cash, Cash Equivalents, Marketable Securities-Total Liabilities+(0.75 * Accounts Receivable)+(0.5 * Total Inventories)
=9.835-133.26+0.75 * 22.846+0.5 * 14.944
=-98.82

* 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.


USpace Technology Group Change In Receivables Related Terms

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USpace Technology Group (USpace Technology Group) Business Description

Traded in Other Exchanges
Address
No. 5 Chun Cheong Street, 15th Floor, Data Technology Center, Tseung Kwan O Industrial Estate, New Territories, Hong Kong, HKG
USpace Technology Group Ltd formerly Hong Kong Aerospace Technology Group Ltd is a commercial aerospace company. Its core business is satellite precision manufacturing, control, and aerospace data services to support regional aerospace commercialization needs. The Group has three reportable operating segments they are EMS business - Smart home devices EMS business-Banking and finance and other devices along with Aerospace business.