Sincere Co (HKSE:00244) Change In Receivables : HK$0.0 Mil (TTM As of Dec. 2023)

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What is Sincere Co Change In Receivables?

Sincere Co's change in receivables for the quarter that ended in Dec. 2023 was HK$0.0 Mil. It means Sincere Co's Accounts Receivable stayed the same from Jun. 2023 to Dec. 2023 .

Sincere Co's change in receivables for the fiscal year that ended in Dec. 2023 was HK$0.0 Mil. It means Sincere Co's Accounts Receivable stayed the same from Dec. 2022 to Dec. 2023 .

Sincere Co's Accounts Receivable for the quarter that ended in Dec. 2023 was HK$0.0 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. Sincere Co's Days Sales Outstanding for the six months ended in Dec. 2023 was 0.00.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Sincere Co's liquidation value for the six months ended in Dec. 2023 was HK$-355.8 Mil.

Sincere Co Change In Receivables Historical Data

The historical data trend for Sincere 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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Sincere Co Change In Receivables Chart

Sincere Co Annual Data

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Change In Receivables

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Sincere Co Semi-Annual Data
	Feb14	Aug14	Feb15	Aug15	Feb16	Aug16	Feb17	Aug17	Feb18	Aug18	Feb19	Aug19	Feb20	Aug20	Feb21	Aug21	Jun22	Dec22	Jun23	Dec23
Change In Receivables	Get a 7-Day Free Trial															-	-	-	-	-

Sincere 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$0.0 Mil.

Sincere Co (HKSE:00244) 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.

Sincere 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
=	0	/	71.791	*	91
=	0.00

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

Sincere 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)
=	96.383	-	467.072	+	0.75 * 0	+	0.5 * 29.844
=	-355.8

Sincere Co Change In Receivables Related Terms

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Sincere Co (HKSE:00244) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Sincere Co Ltd (HKSE:00244) » Definitions » Change In Receivables

Traded in Other Exchanges

N/A

Address

1 Connaught Place, 24th Floor, Jardine House, Central, Hong Kong, HKG

Website

https://www.sincere.com.hk

Sincere Co Ltd is mainly engaged in the retailing business. The company has aggregated its operations into three reportable segments, Department Store Operations; Securities Trading and Others. The Department Store Operations segment consists of the operations of department stores offering a wide range of consumer products; the Securities Trading segment consists of the trading of Hong Kong and overseas securities; and the Others segment consists of the sublease of properties and the provision of general and life insurances. Its primary geographic markets are Hong Kong, Mainland China, the United Kingdom and others. Geographically the company receives maximum revenue from Hong Kong.

Executives

Manureen Holdings Limited	2201 Interest of corporation controlled by you
Realord Group Holdings Limited	2101 Beneficial owner
Lin Xiaohui	2201 Interest of corporation controlled by you
Su Jiaohua	2202 Interest of your spouse
Yuan Lie Ming Peter	2101 Beneficial owner

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