WLGSF (WANG & LEE Group) Change In Receivables: $0.00 Mil (TTM As of Dec. 2024)

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What is WANG & LEE Group Change In Receivables?

WANG & LEE Group WLGSF Change In Receivables is $0.00 Mil as of Dec. 2024.

WANG & LEE Group's change in receivables for the quarter that ended in Dec. 2024 was $0.00 Mil. It means WANG & LEE Group's Accounts Receivable stayed the same from Jun. 2024 to Dec. 2024 .

WANG & LEE Group's change in receivables for the fiscal year that ended in Dec. 2024 was $1.41 Mil. It means WANG & LEE Group's Accounts Receivable declined by $1.41 Mil from Dec. 2023 to Dec. 2024 .

WANG & LEE Group's Accounts Receivable for the quarter that ended in Dec. 2024 was $2.09 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. WANG & LEE Group's Days Sales Outstanding for the six months ended in Dec. 2024 was 184.53.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. WANG & LEE Group's liquidation value for the six months ended in Dec. 2024 was $0.65 Mil.

WANG & LEE Group  (OTCPK:WLGSF) 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.

WANG & LEE Group's Days Sales Outstanding for the quarter that ended in Dec. 2024 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=2.091/2.068*91
=184.53

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

WANG & LEE Group's liquidation value for the quarter that ended in Dec. 2024 is calculated as:

Liquidation Value
=Cash, Cash Equivalents, Marketable Securities-Total Liabilities+(0.75 * Accounts Receivable)+(0.5 * Total Inventories)
=4.305-5.226+0.75 * 2.091+0.5 * 0
=0.65

* 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.

WANG & LEE Group Change In Receivables Related Terms

WANG & LEE Group Change In Receivables Historical Data

* Premium members only.

The historical data trend for WANG & LEE 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.

WANG & LEE Group Change In Receivables Chart

WANG & LEE Group Annual Data
Trend Dec20 Dec21 Dec22 Dec23 Dec24
Change In Receivables
-0.25 0.11 -0.64 -4.00 1.41

WANG & LEE Group Semi-Annual Data
Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24
Change In Receivables Get a 7-Day Free Trial Premium Member Only -0.63 0.00 0.00 0.00 0.00

WANG & LEE 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. 2024 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.

Frequently Asked Questions Learn more about Change In Receivables →
What does a Change In Receivables of $0.00 Mil mean?
WANG & LEE Group (WLGSF) has a Change In Receivables of $0.00 Mil as of Dec. 2024. Change in Receivables is the difference between current-period receivables and past-period receivables. View historical data for WANG & LEE Group and its competitors.
Is WANG & LEE Group's Change In Receivables too high?
WANG & LEE Group's current Change In Receivables is $0.00 Mil.
How does WANG & LEE Group's Change In Receivables compare to PWR and FIX?
WANG & LEE Group's Change In Receivables of $0.00 Mil can be compared against companies in the Construction industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Change In Receivables for a Construction company?
A good Change In Receivables depends on the Construction industry context. However, Change In Receivables should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Change In Receivables mean?
A high Change In Receivables can signal that a stock is expensive relative to its fundamentals. Change in Receivables is the difference between current-period receivables and past-period receivables. View historical data for WANG & LEE Group and its competitors. WANG & LEE Group's current Change In Receivables is $0.00 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is WANG & LEE Group stock overvalued right now?
WANG & LEE Group (WLGSF) has a current Change In Receivables of $0.00 Mil. The current Change In Receivables is $0.00 Mil. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Change In Receivables calculated?
Change In Receivables is calculated from a company's financial statements. For WANG & LEE Group (WLGSF), the current Change In Receivables is $0.00 Mil as of Dec. 2024. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

WANG & LEE Group Business Description

Address 3 Tai Yip Street, 5th & 6th Floor, Wing Tai Factory Building, Kwun Tong, Kowloon, Hong Kong, HKG
WANG & LEE Group Inc operates as an investment holding company. The firm conducts its primary operations through its indirectly wholly owned subsidiary WANG and LEE CONTRACTING LIMITED. WLHK provides contract engineering, installation, and out-fitting of the following products and services: low voltage electrical systems, mechanical ventilation and air-conditioning systems (MVAC), fire safety systems, water supply and sewage disposal systems, and site project management.