Wah Sun Handbags International Holdings (HKSE:02683) Change In Receivables : HK$0.0 Mil (TTM As of Sep. 2023)

View and export this data going back to 2018. Start your Free Trial

What is Wah Sun Handbags International Holdings Change In Receivables?

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

Wah Sun Handbags International Holdings's change in receivables for the fiscal year that ended in Mar. 2023 was HK$8.3 Mil. It means Wah Sun Handbags International Holdings's Accounts Receivable declined by HK$8.3 Mil from Mar. 2022 to Mar. 2023 .

Wah Sun Handbags International Holdings's Accounts Receivable for the quarter that ended in Sep. 2023 was HK$69.6 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. Wah Sun Handbags International Holdings's Days Sales Outstanding for the six months ended in Sep. 2023 was 37.99.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Wah Sun Handbags International Holdings's liquidation value for the six months ended in Sep. 2023 was HK$90.6 Mil.

Wah Sun Handbags International Holdings Change In Receivables Historical Data

The historical data trend for Wah Sun Handbags International 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.

* Premium members only.

Wah Sun Handbags International Holdings Change In Receivables Chart

Wah Sun Handbags International Holdings Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Change In Receivables

Get a 7-Day Free Trial

-15.85

7.85

55.05

1.77

8.30

Wah Sun Handbags International Holdings Semi-Annual Data
	Mar15	Mar16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Change In Receivables	Get a 7-Day Free Trial											-	-	-	-	-

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

Wah Sun Handbags International Holdings (HKSE:02683) 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.

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

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	69.619	/	334.472	*	91
=	37.99

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

Wah Sun Handbags International Holdings'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)
=	147.528	-	151.524	+	0.75 * 69.619	+	0.5 * 84.746
=	90.6

Wah Sun Handbags International Holdings Change In Receivables Related Terms

Thank you for viewing the detailed overview of Wah Sun Handbags International Holdings's Change In Receivables provided by GuruFocus.com. Please click on the following links to see related term pages.

Wah Sun Handbags International Holdings (HKSE:02683) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Wah Sun Handbags International Holdings Ltd (HKSE:02683) » Definitions » Change In Receivables

Comparable Companies

Traded in Other Exchanges

N/A

Address

30-32 Au Pui Wan Street, Room 9, 6th Floor. Wah Yiu Industrial Centre, Fo Tan, Shatin, New Territories, Hong Kong, HKG

Website

http://www.wahsun.com.hk

Wah Sun Handbags International Holdings Ltd is an investment holding company. It is engaged in the manufacturing and trading of handbag products. Geographically, it derives a majority of revenue from the United States of America and also has a presence in Spain and Other countries. Its non-leather handbags are made of materials such as PU, PVC and various types of textile materials, which are mainly mass market and middle-end priced products.

Executives

Wah Sun International Holdings Limited	2101 Beneficial owner
Chan Sim Kuen	2202 Interest of your spouse
Ma Hing Man	2201 Interest of corporation controlled by you
Ma Hing Ming	2201 Interest of corporation controlled by you
Ma Lan Chu	2201 Interest of corporation controlled by you
Ma Lan Heung	2201 Interest of corporation controlled by you
Ma Yum Chee	2201 Interest of corporation controlled by you
Wu Yu Ling	2202 Interest of your spouse
Yung Ngan Sim	2202 Interest of your spouse

Wah Sun Handbags International Holdings (HKSE:02683) Headlines

No Headlines