GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Hung Hing Printing Group Ltd (HKSE:00450) » Definitions » Change In Receivables

Hung Hing Printing Group (HKSE:00450) Change In Receivables : HK$0 Mil (TTM As of Dec. 2023)


View and export this data going back to 1992. Start your Free Trial

What is Hung Hing Printing Group Change In Receivables?

Hung Hing Printing Group's change in receivables for the quarter that ended in Dec. 2023 was HK$0 Mil. It means Hung Hing Printing Group's Accounts Receivable stayed the same from Jun. 2023 to Dec. 2023 .

Hung Hing Printing Group's change in receivables for the fiscal year that ended in Dec. 2023 was HK$3 Mil. It means Hung Hing Printing Group's Accounts Receivable declined by HK$3 Mil from Dec. 2022 to Dec. 2023 .

Hung Hing Printing Group's Accounts Receivable for the quarter that ended in Dec. 2023 was HK$523 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. Hung Hing Printing Group's Days Sales Outstanding for the six months ended in Dec. 2023 was 79.91.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Hung Hing Printing Group's liquidation value for the six months ended in Dec. 2023 was HK$1,078 Mil.


Hung Hing Printing Group Change In Receivables Historical Data

The historical data trend for Hung Hing Printing 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.

* Premium members only.

Hung Hing Printing Group Change In Receivables Chart

Hung Hing Printing Group Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Change In Receivables
Get a 7-Day Free Trial Premium Member Only Premium Member Only 96.44 -0.35 -105.70 292.28 2.55

Hung Hing Printing Group 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - - - - -

Hung Hing Printing 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. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was HK$0 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.


Hung Hing Printing Group  (HKSE:00450) 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.

Hung Hing Printing Group's Days Sales Outstanding for the quarter that ended in Dec. 2023 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=522.738/1193.898*91
=79.91

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

Hung Hing Printing Group'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)
=1121.72-636.058+0.75 * 522.738+0.5 * 401.028
=1,078

* 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.


Hung Hing Printing Group Change In Receivables Related Terms

Thank you for viewing the detailed overview of Hung Hing Printing Group's Change In Receivables provided by GuruFocus.com. Please click on the following links to see related term pages.


Hung Hing Printing Group (HKSE:00450) Business Description

Traded in Other Exchanges
Address
17-19 Dai Hei Street, Hung Hing Printing Centre, Tai Po Industrial Estate, New Territories, Hong Kong, HKG
Hung Hing Printing Group Ltd is a Hong Kong-based company. The company operates in various business segments which are Book and Package Printing, Consumer Product Packaging, Corrugated Box, and Paper Trading. The Book and Package Printing segment generate maximum revenue for the company. Geographically, the company offers its services to the United States of America, the PRC, the U.K., Hong Kong, and other countries, of which prime revenue is derived from Hong Kong.
Executives
Yum Chak Ming Matthew 2101 Beneficial owner

Hung Hing Printing Group (HKSE:00450) Headlines

No Headlines