Value Convergence Holdings (Value Convergence Holdings) Change In Receivables : $0.00 Mil (TTM As of Dec. 2023)

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What is Value Convergence Holdings Change In Receivables?

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

Value Convergence Holdings's change in receivables for the fiscal year that ended in Dec. 2023 was $-6.54 Mil. It means Value Convergence Holdings's Accounts Receivable increased by $6.54 Mil from Dec. 2022 to Dec. 2023 .

Value Convergence Holdings's Accounts Receivable for the quarter that ended in Dec. 2023 was $40.06 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.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Value Convergence Holdings's liquidation value for the six months ended in Dec. 2023 was $45.11 Mil.

Value Convergence Holdings Change In Receivables Historical Data

The historical data trend for Value Convergence 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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Value Convergence Holdings Change In Receivables Chart

Value Convergence Holdings Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Receivables

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-8.10

-30.92

4.72

-1.36

-6.54

Value Convergence Holdings Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Change In Receivables	Get a 7-Day Free Trial															-	-	-	-	-

Value Convergence 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 Dec. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was $0.00 Mil.

Value Convergence Holdings (OTCPK:VCHLF) 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.

Value Convergence Holdings's Days Sales Outstanding for the quarter that ended in Dec. 2023 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	40.06	/	-0.667	*	91
=

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

Value Convergence Holdings'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)
=	22.133	-	7.154	+	0.75 * 40.06	+	0.5 * 0.171
=	45.11

Value Convergence Holdings Change In Receivables Related Terms

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Value Convergence Holdings (Value Convergence Holdings) Business Description

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GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » Value Convergence Holdings Ltd (OTCPK:VCHLF) » Definitions » Change In Receivables

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00821:Hong Kong

Address

181-185 Gloucester Road, 6th Floor, Centre Point, Wanchai, Hong Kong, HKG

Website

https://www.vcgroup.com.hk

Value Convergence Holdings Ltd is a financial services group delivering financial services and products that fulfill various investment and wealth management needs of clients in the Greater China region. The company's operating segments include Brokerage and Financing; Corporate Finance and other Advisory services; Asset Management; Insurance Brokerage; Proprietary Trading; and Digital asset. The majority of its revenue derives from the Brokerage and Financing segment that engages in securities, futures, and options brokering and dealing, provision of margin financing and money lending, and placing and underwriting services.

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