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Sino Splendid Holdings (HKSE:08006) Change In Receivables : HK$0.00 Mil (TTM As of Dec. 2023)


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What is Sino Splendid Holdings Change In Receivables?

Sino Splendid Holdings's change in receivables for the quarter that ended in Dec. 2023 was HK$0.00 Mil. It means Sino Splendid Holdings's Accounts Receivable stayed the same from Sep. 2023 to Dec. 2023 .

Sino Splendid Holdings's change in receivables for the fiscal year that ended in Dec. 2023 was HK$-2.98 Mil. It means Sino Splendid Holdings's Accounts Receivable increased by HK$2.98 Mil from Dec. 2022 to Dec. 2023 .

Sino Splendid Holdings's Accounts Receivable for the quarter that ended in Dec. 2023 was HK$30.85 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. Sino Splendid Holdings's Days Sales Outstanding for the three months ended in Dec. 2023 was 285.29.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Sino Splendid Holdings's liquidation value for the three months ended in Dec. 2023 was HK$23.31 Mil.


Sino Splendid Holdings Change In Receivables Historical Data

The historical data trend for Sino Splendid 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.

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Sino Splendid Holdings Change In Receivables Chart

Sino Splendid Holdings Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Change In Receivables
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.50 3.50 1.16 -35.47 -2.98

Sino Splendid Holdings Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - - - - -

Sino Splendid 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 quarterly data reported by the company within the most recent 12 months, which was HK$0.00 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.


Sino Splendid Holdings  (HKSE:08006) 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.

Sino Splendid 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
=30.852/9.868*91
=285.29

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

Sino Splendid 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)
=33.687-33.515+0.75 * 30.852+0.5 * 0
=23.31

* 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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Sino Splendid Holdings (HKSE:08006) Business Description

Traded in Other Exchanges
N/A
Address
18 Queen’s Road Central, New World Tower, Unit 2302, 23rd Floor, Sheung Wan, Hong Kong, HKG
Sino Splendid Holdings Ltd is an investment holding company. The group is principally engaged in travel media operations with the provision of advertising services through internet and travel magazines, event organizing services, and magazine publication; provision of contents and advertising services in a financial magazine distributed in the People's Republic of China and investment in securities and money lending. The company operates in five segments namely travel media business; financial magazine business; securities investment; money lending; and virtual reality. It derives revenue from travel media business that provides advertising services through the internet and travel magazines, event organizing services, and magazine publication.
Executives
Niu Chengjun 2101 Beneficial owner

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