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China Lilang (HKSE:01234) Change In Receivables : HK$0 Mil (TTM As of Dec. 2023)


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What is China Lilang Change In Receivables?

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

China Lilang's change in receivables for the fiscal year that ended in Dec. 2023 was HK$107 Mil. It means China Lilang's Accounts Receivable declined by HK$107 Mil from Dec. 2022 to Dec. 2023 .

China Lilang's Accounts Receivable for the quarter that ended in Dec. 2023 was HK$430 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. China Lilang's Days Sales Outstanding for the six months ended in Dec. 2023 was 34.93.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. China Lilang's liquidation value for the six months ended in Dec. 2023 was HK$-821 Mil.


China Lilang Change In Receivables Historical Data

The historical data trend for China Lilang'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.

China Lilang Change In Receivables Chart

China Lilang 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 -143.80 -154.34 508.27 -53.10 106.65

China Lilang 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 - - - - -

China Lilang 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.


China Lilang  (HKSE:01234) 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.

China Lilang's Days Sales Outstanding for the quarter that ended in Dec. 2023 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=429.695/2245.234*91
=34.93

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

China Lilang'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)
=1178.246-2773.031+0.75 * 429.695+0.5 * 903.1
=-821

* 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.


China Lilang Change In Receivables Related Terms

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China Lilang (HKSE:01234) Business Description

Traded in Other Exchanges
Address
200 Chang Xing Road, Lilang Industrial Park, Fujian Province, Jinjiang, CHN, 362200
China Lilang Ltd manufactures business and casual menswear apparel, with roughly two thirds of revenue coming from tops. China Lilang sells its products under the Lilanz brand, which generates the vast majority of the company's revenue, and the L2 brand. All the company's sales are made in China. China Lilang wholesales its products to distributors who operate thousands of Lilanz-branded and L2-branded retail stores. China Lilang also has two self-operated flagship retail stores and sells its products through its own and third-party e-commerce platforms.
Executives
Xiao Sheng International Limited 2101 Beneficial owner

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