Tongcheng Travel Holdings (HKSE:00780) Change In Receivables : HK$0 Mil (TTM As of Dec. 2023)

View and export this data going back to 2018. Start your Free Trial

What is Tongcheng Travel Holdings Change In Receivables?

Tongcheng Travel Holdings's change in receivables for the quarter that ended in Dec. 2023 was HK$0 Mil. It means Tongcheng Travel Holdings's Accounts Receivable stayed the same from Sep. 2023 to Dec. 2023 .

Tongcheng Travel Holdings's change in receivables for the fiscal year that ended in Dec. 2023 was HK$-52 Mil. It means Tongcheng Travel Holdings's Accounts Receivable increased by HK$52 Mil from Dec. 2022 to Dec. 2023 .

Tongcheng Travel Holdings's Accounts Receivable for the quarter that ended in Dec. 2023 was HK$1,333 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. Tongcheng Travel Holdings's Days Sales Outstanding for the three months ended in Dec. 2023 was 35.35.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Tongcheng Travel Holdings's liquidation value for the three months ended in Dec. 2023 was HK$-3,115 Mil.

Tongcheng Travel Holdings Change In Receivables Historical Data

The historical data trend for Tongcheng Travel 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.

* Premium members only.

Tongcheng Travel Holdings Change In Receivables Chart

Tongcheng Travel Holdings Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Receivables

Get a 7-Day Free Trial

-393.02

153.38

187.59

-212.91

-51.73

Tongcheng Travel Holdings Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Change In Receivables	Get a 7-Day Free Trial															-	-	-	-	-

Tongcheng Travel 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 quarterly data reported by the company within the most recent 12 months, which was HK$0 Mil.

Tongcheng Travel Holdings (HKSE:00780) 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.

Tongcheng Travel 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
=	1332.538	/	3439.434	*	91
=	35.35

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

Tongcheng Travel 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)
=	10290.65	-	14405.418	+	0.75 * 1332.538	+	0.5 * 1.09
=	-3,115

Tongcheng Travel Holdings Change In Receivables Related Terms

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

Tongcheng Travel Holdings (HKSE:00780) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Tongcheng Travel Holdings Ltd (HKSE:00780) » Definitions » Change In Receivables

Comparable Companies

Traded in Other Exchanges

TEM:Germany

Address

No. 188, Yuxin Road, Tongcheng Mansion, Suzhou Industrial Park, Jiangsu, CHN

Website

https://www.tongchengir.com

Tongcheng Travel is an online travel agency platform that provides booking services for hotel and ticketing in China. It generated 88% of its revenue from accommodation reservations and transportation ticketing in the third quarter of 2022. The rest came from advertising and in-house software sales. The platform provides both online and offline services in the form of call centers. Tongcheng Travel was formed from the merger of Tongcheng Network and eLong in 2018. It is currently 21.38% owned by Tencent and 20.86% by Trip.com. Tongcheng targets lower-tier cities and as of 2021, 86.7% of its users are from non-first-tier cities in China and 61.7% of new paying users on Weixin were from Tier 3 or below cities in China. The company competes with Trip.com, Alibaba's Fliggy, and Meituan.

Executives

Tencent Holdings Limited
Trip.com Group Limited
Brown Brothers Harriman & Co.	2502 Approved lending agent
T. Rowe Price Associates, Inc. And Its Affiliates	2101 Beneficial owner
Ctrip.com International, Ltd.
C-travel International Limited
Tch Sapphire Limited
Image Frame Investment (hk) Limited	2101 Beneficial owner
Ctrip.com (hong Kong) Limited	2101 Beneficial owner

Tongcheng Travel Holdings (HKSE:00780) Headlines

No Headlines