Canvest Environmental Protection Group Co (HKSE:01381) Change In Receivables : HK$-259 Mil (TTM As of Dec. 2023)

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What is Canvest Environmental Protection Group Co Change In Receivables?

Canvest Environmental Protection Group Co's change in receivables for the quarter that ended in Dec. 2023 was HK$-68 Mil. It means Canvest Environmental Protection Group Co's Accounts Receivable increased by HK$68 Mil from Jun. 2023 to Dec. 2023 .

Canvest Environmental Protection Group Co's change in receivables for the fiscal year that ended in Dec. 2023 was HK$-259 Mil. It means Canvest Environmental Protection Group Co's Accounts Receivable increased by HK$259 Mil from Dec. 2022 to Dec. 2023 .

Canvest Environmental Protection Group Co's Accounts Receivable for the quarter that ended in Dec. 2023 was HK$1,829 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. Canvest Environmental Protection Group Co's Days Sales Outstanding for the six months ended in Dec. 2023 was 166.93.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Canvest Environmental Protection Group Co's liquidation value for the six months ended in Dec. 2023 was HK$-14,122 Mil.

Canvest Environmental Protection Group Co Change In Receivables Historical Data

The historical data trend for Canvest Environmental Protection Group 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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Canvest Environmental Protection Group Co Change In Receivables Chart

Canvest Environmental Protection Group Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Receivables

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-232.08

-148.03

-420.24

-85.46

-258.70

Canvest Environmental Protection Group 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															-122.95	-300.00	214.54	-190.71	-67.99

Canvest Environmental Protection Group 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$-259 Mil.

Canvest Environmental Protection Group Co (HKSE:01381) 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.

Canvest Environmental Protection Group 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
=	1828.593	/	1999.139	*	91
=	166.93

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

Canvest Environmental Protection Group 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)
=	1897.648	-	17406.479	+	0.75 * 1828.593	+	0.5 * 31.625
=	-14,122

Canvest Environmental Protection Group Co Change In Receivables Related Terms

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Canvest Environmental Protection Group Co (HKSE:01381) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Waste Management » Canvest Environmental Protection Group Co Ltd (HKSE:01381) » Definitions » Change In Receivables

Comparable Companies

Traded in Other Exchanges

0XC:Germany

Address

2 San Yuan Road, Level 24, Canvest Tower, Nan Cheng District, Guangdong, Dongguan, CHN

Website

http://www.canvestenvironment.com

Canvest Environmental Protection Group Co Ltd develops and operates waste-to-energy plants. Incineration systems and technologies help treat waste and process components into energy. The company sells energy to clients, and continues to monitor applications and work toward reducing emissions of carbon dioxide. Revenues can be broken down into four business areas: Power sales, Waste treatment fees, Construction, and Finance income. It treats various types of waste, including sludge, ash from incineration systems, industrial sold waste, and wastewater. The majority of the company's revenue and assets are generated and located in China.

Executives

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Hsbc International Trustee Limited	2106 Person having a security interest in shares
Shanghai Industrial Holdings Limited	2101 Beneficial owner
Shanghai Industrial Investment (holdings) Company Limited	2201 Interest of corporation controlled by you
Lai Kin Man	2106 Person having a security interest in shares
Lai Chun Tung	2106 Person having a security interest in shares
Lee Wing Yee Loretta	2106 Person having a security interest in shares

Canvest Environmental Protection Group Co (HKSE:01381) Headlines

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