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China Dongxiang (Group) Co (HKSE:03818) Change In Receivables : HK$0 Mil (TTM As of Sep. 2023)


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What is China Dongxiang (Group) Co Change In Receivables?

China Dongxiang (Group) Co's change in receivables for the quarter that ended in Sep. 2023 was HK$0 Mil. It means China Dongxiang (Group) Co's Accounts Receivable stayed the same from Mar. 2023 to Sep. 2023 .

China Dongxiang (Group) Co's change in receivables for the fiscal year that ended in Mar. 2023 was HK$53 Mil. It means China Dongxiang (Group) Co's Accounts Receivable declined by HK$53 Mil from Mar. 2022 to Mar. 2023 .

China Dongxiang (Group) Co's Accounts Receivable for the quarter that ended in Sep. 2023 was HK$155 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. China Dongxiang (Group) Co's Days Sales Outstanding for the six months ended in Sep. 2023 was 33.88.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. China Dongxiang (Group) Co's liquidation value for the six months ended in Sep. 2023 was HK$3,689 Mil.


China Dongxiang (Group) Co Change In Receivables Historical Data

The historical data trend for China Dongxiang (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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China Dongxiang (Group) Co Change In Receivables Chart

China Dongxiang (Group) Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Mar19 Mar20 Mar21 Mar22 Mar23
Change In Receivables
Get a 7-Day Free Trial Premium Member Only Premium Member Only - 17.36 36.26 36.59 53.23

China Dongxiang (Group) Co Semi-Annual Data
Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - - - - -

China Dongxiang (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 Sep. 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.


China Dongxiang (Group) Co  (HKSE:03818) 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.

China Dongxiang (Group) Co's Days Sales Outstanding for the quarter that ended in Sep. 2023 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=154.516/832.412*91
=33.88

2. In Ben Graham's calculation of liquidation value, China Dongxiang (Group) Co's accounts receivable are only considered to be worth 75% of book value:

China Dongxiang (Group) Co'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)
=4297.591-916.303+0.75 * 154.516+0.5 * 384.549
=3,689

* 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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China Dongxiang (Group) Co (HKSE:03818) Business Description

Traded in Other Exchanges
Address
Building 21, No. 2 Jingyuanbei Street, Beijing Economic-Technological Development Area, Beijing, CHN, 100176
China Dongxiang (Group) Co Ltd manufactures sports apparel and footwear. Its main brand is Kappa, which it sells in China. The company's primary sales channel is wholesale to distributors. The company also sells directly to consumers through more than 1,000 company-operated retail stores and outlets in China and through its e-commerce channel. It has two segments China Apparel and Investment. Sales in China account for most of the total company's revenue.
Executives
Harvest Luck Development Limited 2201 Interest of corporation controlled by you
Poseidon Sports Limited 2201 Interest of corporation controlled by you
Chen Yihong 2201 Interest of corporation controlled by you
China Dongxiang (group) Co. Ltd. 2201 Interest of corporation controlled by you
Gaea Sports Limited 2106 Person having a security interest in shares
Billion Giant Development Limited 2201 Interest of corporation controlled by you

China Dongxiang (Group) Co (HKSE:03818) Headlines

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