Ming Fai International Holdings (HKSE:03828) Change In Receivables : HK$0 Mil (TTM As of Dec. 2023)

View and export this data going back to 2007. Start your Free Trial

What is Ming Fai International Holdings Change In Receivables?

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

Ming Fai International Holdings's change in receivables for the fiscal year that ended in Dec. 2023 was HK$-59 Mil. It means Ming Fai International Holdings's Accounts Receivable increased by HK$59 Mil from Dec. 2022 to Dec. 2023 .

Ming Fai International Holdings's Accounts Receivable for the quarter that ended in Dec. 2023 was HK$675 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. Ming Fai International Holdings's Days Sales Outstanding for the six months ended in Dec. 2023 was 107.71.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Ming Fai International Holdings's liquidation value for the six months ended in Dec. 2023 was HK$274 Mil.

Ming Fai International Holdings Change In Receivables Historical Data

The historical data trend for Ming Fai 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.

Ming Fai International Holdings Change In Receivables Chart

Ming Fai International Holdings Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Receivables

Get a 7-Day Free Trial

58.04

92.14

-70.48

-57.92

-58.81

Ming Fai International Holdings Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Change In Receivables	Get a 7-Day Free Trial															-	-	-	-	-

Ming Fai 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 Dec. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was HK$0 Mil.

Ming Fai International Holdings (HKSE:03828) 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.

Ming Fai International 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
=	675.435	/	1144.482	*	91
=	107.71

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

Ming Fai International 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)
=	375.093	-	772.012	+	0.75 * 675.435	+	0.5 * 329.086
=	274

Ming Fai International Holdings Change In Receivables Related Terms

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

Ming Fai International Holdings (HKSE:03828) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Ming Fai International Holdings Ltd (HKSE:03828) » Definitions » Change In Receivables

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 3 Hoi Shing Road, Unit D3, 8th Floor, TML Tower, New Territories, Tsuen Wan, HKG

Website

https://www.mingfaigroup.com

Ming Fai International Holdings Ltd is an investment holding company. It is engaged in the manufacturing and trading of hospitality supplies products (Hospitality Supplies Business), trading of operating supplies and equipment (OS&E Business), and manufacturing and trading of health care and hygienic products (Health Care and Hygienic Products Business). Its products include Acrylic Hotel Supplies, Bath Mats, Portable Cables, umbrellas, Compact mirrors, Bath products, and others. The group has a business presence in North America, Europe, the PRC, Hong Kong, and other countries.

Executives

Ching Chi Fai	2101 Beneficial owner
Lo Kit Ling	2202 Interest of your spouse
Webb David Michael	2201 Interest of corporation controlled by you
Preferable Situation Assets Limited	2101 Beneficial owner

Ming Fai International Holdings (HKSE:03828) Headlines

No Headlines