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Watts International Maritime Co (HKSE:02258) Change In Receivables : HK$0 Mil (TTM As of Dec. 2023)


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What is Watts International Maritime Co Change In Receivables?

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

Watts International Maritime Co's change in receivables for the fiscal year that ended in Dec. 2023 was HK$-125 Mil. It means Watts International Maritime Co's Accounts Receivable increased by HK$125 Mil from Dec. 2022 to Dec. 2023 .

Watts International Maritime Co's Accounts Receivable for the quarter that ended in Dec. 2023 was HK$1,536 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. Watts International Maritime Co's Days Sales Outstanding for the six months ended in Dec. 2023 was 231.94.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Watts International Maritime Co's liquidation value for the six months ended in Dec. 2023 was HK$-1,280 Mil.


Watts International Maritime Co Change In Receivables Historical Data

The historical data trend for Watts International Maritime 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.

* Premium members only.

Watts International Maritime Co Change In Receivables Chart

Watts International Maritime Co Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Change In Receivables
Get a 7-Day Free Trial Premium Member Only -288.33 1.28 22.95 34.47 -124.72

Watts International Maritime Co Semi-Annual Data
Dec15 Dec16 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 - - - - -

Watts International Maritime 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$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.


Watts International Maritime Co  (HKSE:02258) 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.

Watts International Maritime 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
=1536.2/1208.748*91
=231.94

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

Watts International Maritime 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)
=281.741-2720.145+0.75 * 1536.2+0.5 * 12.121
=-1,280

* 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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Watts International Maritime Co (HKSE:02258) Business Description

Traded in Other Exchanges
N/A
Address
2816 Yixian Road, 5th Floor, Tower 17, Baoshan District, Shanghai, CHN
Watts International Maritime Co Ltd is an investment holding company. It is engaged in the port, waterway, and marine engineering work that includes the construction and installation of structures and facilities in river and sea areas. Its business operations comprise Marine construction and Municipal public construction. The company generates maximum revenue from the Municipal public construction segment.
Executives
Wang Likai 2103 Interests held jointly with another person
Wang Shiqin 2103 Interests held jointly with another person
Wang Shizhong 2201 Interest of corporation controlled by you
Wang Xiuchun 2103 Interests held jointly with another person
Ye Kangshun 2201 Interest of corporation controlled by you
Zhou Meng 2103 Interests held jointly with another person
Huazi Holding Limited 2101 Beneficial owner
Hz&bt Development Holding Limited 2101 Beneficial owner
Ye Wang Zhou Holding Limited 2101 Beneficial owner

Watts International Maritime Co (HKSE:02258) Headlines

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