Prosperous Industrial (Holdings) (HKSE:01731) Change In Receivables : HK$0 Mil (TTM As of Dec. 2023)

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What is Prosperous Industrial (Holdings) Change In Receivables?

Prosperous Industrial (Holdings)'s change in receivables for the quarter that ended in Dec. 2023 was HK$0 Mil. It means Prosperous Industrial (Holdings)'s Accounts Receivable stayed the same from Jun. 2023 to Dec. 2023 .

Prosperous Industrial (Holdings)'s change in receivables for the fiscal year that ended in Dec. 2023 was HK$-60 Mil. It means Prosperous Industrial (Holdings)'s Accounts Receivable increased by HK$60 Mil from Dec. 2022 to Dec. 2023 .

Prosperous Industrial (Holdings)'s Accounts Receivable for the quarter that ended in Dec. 2023 was HK$385 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. Prosperous Industrial (Holdings)'s Days Sales Outstanding for the six months ended in Dec. 2023 was 96.82.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Prosperous Industrial (Holdings)'s liquidation value for the six months ended in Dec. 2023 was HK$529 Mil.

Prosperous Industrial (Holdings) Change In Receivables Historical Data

The historical data trend for Prosperous Industrial (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.

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Prosperous Industrial (Holdings) Change In Receivables Chart

Prosperous Industrial (Holdings) Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Receivables

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-57.92

123.38

-69.38

-52.13

-59.93

Prosperous Industrial (Holdings) Semi-Annual Data
	Dec15	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Change In Receivables	Get a 7-Day Free Trial											-	-	-	-	-

Prosperous Industrial (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 semi-annually data reported by the company within the most recent 12 months, which was HK$0 Mil.

Prosperous Industrial (Holdings) (HKSE:01731) 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.

Prosperous Industrial (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
=	384.5	/	724.742	*	91
=	96.82

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

Prosperous Industrial (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)
=	456.975	-	365.038	+	0.75 * 384.5	+	0.5 * 298.155
=	529

Prosperous Industrial (Holdings) Change In Receivables Related Terms

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Prosperous Industrial (Holdings) (HKSE:01731) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Prosperous Industrial (Holdings) Ltd (HKSE:01731) » Definitions » Change In Receivables

Comparable Companies

Traded in Other Exchanges

N/A

Address

71-75 Container Port Road, Unit 1-2, 1st Floor, Join-In Hang Sing Centre, Kwai Chung, New Territories, Hong Kong, HKG

Website

http://www.pihl.hk

Prosperous Industrial (Holdings) Ltd is an investment holding company principally engaged in the manufacturing and sale of sports bags, handbags and luggage bags. The company's products are categorized as outdoor and sporting bags including day packs and overnight backpacks, which are designed with larger volumes; functional bags such as camera backpacks with multiple pockets and waterproof hydration backpacks; fashion and casual bags, as well as other bags and packs. The company mainly operates its products to North America, Asia, and Europe market.

Executives

Yeung Ming Sum Richard
Yeung Wor Foon Stella
Prosperous Holdings (overseas) Limited
Great Pacific Investment Ltd.	2101 Beneficial owner
Pou Chen Corporation	2201 Interest of corporation controlled by you
Pou Hing Industrial Co. Ltd	2201 Interest of corporation controlled by you
Wealthplus Holdings Limited	2201 Interest of corporation controlled by you
Yue Yuen Industrial (holdings) Limited	2201 Interest of corporation controlled by you

Prosperous Industrial (Holdings) (HKSE:01731) Headlines

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