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Haoxi Health Technology (Haoxi Health Technology) Change In Receivables : $-0.01 Mil (TTM As of Dec. 2023)


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What is Haoxi Health Technology Change In Receivables?

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

Haoxi Health Technology's change in receivables for the fiscal year that ended in Jun. 2023 was $-0.00 Mil. It means Haoxi Health Technology's Accounts Receivable increased by $0.00 Mil from Jun. 2022 to Jun. 2023 .

Haoxi Health Technology's Accounts Receivable for the quarter that ended in Dec. 2023 was $0.22 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. Haoxi Health Technology's Days Sales Outstanding for the six months ended in Dec. 2023 was 1.69.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Haoxi Health Technology's liquidation value for the six months ended in Dec. 2023 was $-3.18 Mil.

Haoxi Health Technology Change In Receivables Historical Data

The historical data trend for Haoxi Health Technology'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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Haoxi Health Technology Change In Receivables Chart

Haoxi Health Technology Annual Data
Trend Jun21 Jun22 Jun23
Change In Receivables
-0.30 0.67 -

Haoxi Health Technology Semi-Annual Data
Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Change In Receivables Get a 7-Day Free Trial 0.59 0.08 - -0.01 -

Haoxi Health Technology 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 $-0.01 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.

Haoxi Health Technology  (NAS:HAO) 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.

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

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=0.218/23.504*91
=1.69

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

Haoxi Health Technology'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)
=1.113-4.453+0.75 * 0.218+0.5 * 0
=-3.18

* 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.

Haoxi Health Technology Change In Receivables Related Terms

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Haoxi Health Technology (Haoxi Health Technology) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Haoxi Health Technology Ltd (NAS:HAO) » Definitions » Change In Receivables
Comparable Companies
Traded in Other Exchanges
N/A
Address
Anli Road, Room 801, Tower C, Floor 8, Building 103, Huizhongli, Chaoyang, Beijing, CHN
Website
https://www.haoximedia.com
Haoxi Health Technology Ltd is an online marketing solution provider in China, with an advertiser client base mainly in the healthcare industry. Haoxi has been rooted in the field of local online effect marketing for many years, serving leading customers in various industries at home and abroad, and its main business is the medical industry. It generates its revenue by providing one-stop online marketing solutions, in particular online short video marketing solutions, to advertisers through its media partners. The company provides customized marketing solutions by planning, producing, placing, and optimizing online ads, especially online short video ads, to help its advertisers acquire, convert, and retain ultimate consumers on various online media platforms.

Haoxi Health Technology (Haoxi Health Technology) Headlines

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