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Rongzun International Holdings Group (HKSE:01780) Change In Receivables : HK$0.0 Mil (TTM As of Sep. 2023)


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What is Rongzun International Holdings Group Change In Receivables?

Rongzun International Holdings Group's change in receivables for the quarter that ended in Sep. 2023 was HK$0.0 Mil. It means Rongzun International Holdings Group's Accounts Receivable stayed the same from Mar. 2023 to Sep. 2023 .

Rongzun International Holdings Group's change in receivables for the fiscal year that ended in Mar. 2023 was HK$16.9 Mil. It means Rongzun International Holdings Group's Accounts Receivable declined by HK$16.9 Mil from Mar. 2022 to Mar. 2023 .

Rongzun International Holdings Group's Accounts Receivable for the quarter that ended in Sep. 2023 was HK$34.0 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. Rongzun International Holdings Group's Days Sales Outstanding for the six months ended in Sep. 2023 was 57.46.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Rongzun International Holdings Group's liquidation value for the six months ended in Sep. 2023 was HK$76.8 Mil.


Rongzun International Holdings Group Change In Receivables Historical Data

The historical data trend for Rongzun International Holdings 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.

Rongzun International Holdings Group Change In Receivables Chart

Rongzun International Holdings Group Annual Data
Trend Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Change In Receivables
Get a 7-Day Free Trial 26.69 -36.32 50.28 2.71 16.92

Rongzun International Holdings Group Semi-Annual Data
Mar16 Mar17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23
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 - - - - -

Rongzun International Holdings 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 Sep. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was HK$0.0 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.


Rongzun International Holdings Group  (HKSE:01780) 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.

Rongzun International Holdings Group's Days Sales Outstanding for the quarter that ended in Sep. 2023 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=34.023/108.056*91
=57.46

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

Rongzun International Holdings Group's liquidation value for the quarter that ended in Sep. 2023 is calculated as:

Liquidation Value
=Cash, Cash Equivalents, Marketable Securities-Total Liabilities+(0.75 * Accounts Receivable)+(0.5 * Total Inventories)
=140.97-89.652+0.75 * 34.023+0.5 * 0
=76.8

* 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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Rongzun International Holdings Group (HKSE:01780) Business Description

Traded in Other Exchanges
N/A
Address
No. 79 Lei Muk Road, Units 2803-2803A, Asia Trade Centre, Kwai Chung, New Territories, Hong Kong, HKG
B & D Strategic Holdings Ltd is an investment holding company. It operates in two segments: Alteration & addition works and Civil engineering works. Its Alteration & addition works include new structural works, fitting-out works, changes in facilities configuration, construction of a new extension to an existing building, conversion of an existing building to different types, fabrication, modification, removal, or installation of hardware and equipment; erection, relocation, or removal of partitions, doors, and windows; changes in the type of finishes and flooring materials. The Civil engineering segment includes site formation works and foundation works. All of its revenues are generated from Hong Kong.
Executives
Kaneko Hiroshi 2201 Interest of corporation controlled by you
Kyosei Technology Inc. 2101 Beneficial owner
Yanase Kenichi 2201 Interest of corporation controlled by you
Sky Winner Holdings Limited 2101 Beneficial owner
Chan Wai Ching Rebecca 2202 Interest of your spouse
Lam Ah Yee 2202 Interest of your spouse
Lo Wing Hang 2201 Interest of corporation controlled by you
Tang Wing Kwok 2201 Interest of corporation controlled by you

Rongzun International Holdings Group (HKSE:01780) Headlines

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