Miramar Hotel & Investment Co (HKSE:00071) Change In Receivables : HK$0 Mil (TTM As of Dec. 2023)

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What is Miramar Hotel & Investment Co Change In Receivables?

Miramar Hotel & Investment Co's change in receivables for the quarter that ended in Dec. 2023 was HK$0 Mil. It means Miramar Hotel & Investment Co's Accounts Receivable stayed the same from Jun. 2023 to Dec. 2023 .

Miramar Hotel & Investment Co's change in receivables for the fiscal year that ended in Dec. 2023 was HK$-68 Mil. It means Miramar Hotel & Investment Co's Accounts Receivable increased by HK$68 Mil from Dec. 2022 to Dec. 2023 .

Miramar Hotel & Investment Co's Accounts Receivable for the quarter that ended in Dec. 2023 was HK$101 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. Miramar Hotel & Investment Co's Days Sales Outstanding for the six months ended in Dec. 2023 was 13.11.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Miramar Hotel & Investment Co's liquidation value for the six months ended in Dec. 2023 was HK$4,495 Mil.

Miramar Hotel & Investment Co Change In Receivables Historical Data

The historical data trend for Miramar Hotel & Investment Co'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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Miramar Hotel & Investment Co Change In Receivables Chart

Miramar Hotel & Investment Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Receivables

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49.19

48.98

7.60

-31.72

-68.13

Miramar Hotel & Investment Co 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															-	-	-	-	-

Miramar Hotel & Investment Co 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 HK$0 Mil.

Miramar Hotel & Investment Co (HKSE:00071) 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.

Miramar Hotel & Investment Co's Days Sales Outstanding for the quarter that ended in Dec. 2023 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	101.341	/	1410.499	*	91
=	13.11

2. In Ben Graham's calculation of liquidation value, Miramar Hotel & Investment Co's accounts receivable are only considered to be worth 75% of book value:

Miramar Hotel & Investment Co'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)
=	5658.187	-	1299.276	+	0.75 * 101.341	+	0.5 * 120.532
=	4,495

Miramar Hotel & Investment Co Change In Receivables Related Terms

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Miramar Hotel & Investment Co (HKSE:00071) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Miramar Hotel & Investment Co Ltd (HKSE:00071) » Definitions » Change In Receivables

Comparable Companies

Traded in Other Exchanges

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Address

132 Nathan Road, 15th Floor, Mira Place Tower A, Tsim Sha Tsui, Kowloon, Hong Kong, HKG

Website

https://www.miramar-group.com

Miramar Hotel & Investment Co Ltd is an investment holding company. It operates in five segments: Property rental, which includes leasing of office and retail premises to generate rental income and to gain from the appreciation in properties values in the long term; Hotels & serviced apartments segment operates hotels and serviced apartments and provision of hotel management services; Food & beverage operation segment operates restaurants; Travel operation segment is engaged in the operation of travel agency services; and Others. Its geographical segments are Hong Kong and China, of which Hong Kong accounts for the majority of its revenue.

Executives

Lee Ka Shing	2501 Other
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Hopkins (cayman) Limited	2201 Interest of corporation controlled by you
Riddick (cayman) Limited	2301 Trustee
Rimmer (cayman) Limited	2301 Trustee
Lee Shau Kee	2501 Other

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