Cinda International Holdings (FRA:HNT) Change In Receivables : €5.44 Mil (TTM As of Dec. 2023)

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What is Cinda International Holdings Change In Receivables?

Cinda International Holdings's change in receivables for the quarter that ended in Dec. 2023 was €1.31 Mil. It means Cinda International Holdings's Accounts Receivable declined by €1.31 Mil from Jun. 2023 to Dec. 2023 .

Cinda International Holdings's change in receivables for the fiscal year that ended in Dec. 2023 was €5.43 Mil. It means Cinda International Holdings's Accounts Receivable declined by €5.43 Mil from Dec. 2022 to Dec. 2023 .

Cinda International Holdings's Accounts Receivable for the quarter that ended in Dec. 2023 was €33.57 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. Cinda International Holdings's Days Sales Outstanding for the six months ended in Dec. 2023 was 660.76.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Cinda International Holdings's liquidation value for the six months ended in Dec. 2023 was €34.50 Mil.

Cinda International Holdings Change In Receivables Historical Data

The historical data trend for Cinda International 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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Cinda International Holdings Change In Receivables Chart

Cinda International Holdings Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Receivables

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-9.98

-8.26

18.51

8.06

5.43

Cinda International 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															63.15	-6.87	14.96	4.13	1.31

Cinda International 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 €5.44 Mil.

Cinda International Holdings (FRA:HNT) 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.

Cinda International 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
=	33.574	/	9.273	*	91
=	660.76

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

Cinda International 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)
=	92.252	-	82.935	+	0.75 * 33.574	+	0.5 * 0
=	34.50

Cinda International Holdings Change In Receivables Related Terms

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Cinda International Holdings (FRA:HNT) Business Description

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00111:Hong Kong

Address

183 Queen’s Road Central, 45th Floor, COSCO Tower, Hong Kong, HKG

Website

https://www.cinda.com.hk

Cinda International Holdings Ltd provides financial services including asset management, corporate financial advisory services, securities brokering, commodities, and futures brokering, and financial planning and insurance brokering. Its segments consist of Asset management; Sales and trading business; and Corporate finance. It derives majority of the revenue from Sales and trading business that provides brokering services in securities, equity-linked products, unit trusts and stock options commodities and futures contracts traded in Hong Kong and selected overseas markets, underwriting, placing and margin financing services to those brokering clients, and acting as an agent for the sale of savings plans, general and life insurance and other investment-linked insurance products.