Flying Financial Service Holdings (HKSE:08030) Change In Receivables : HK$0.00 Mil (TTM As of Dec. 2023)

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What is Flying Financial Service Holdings Change In Receivables?

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

Flying Financial Service Holdings's change in receivables for the fiscal year that ended in Dec. 2023 was HK$-40.31 Mil. It means Flying Financial Service Holdings's Accounts Receivable increased by HK$40.31 Mil from Dec. 2022 to Dec. 2023 .

Flying Financial Service Holdings's Accounts Receivable for the quarter that ended in Dec. 2023 was HK$0.14 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. Flying Financial Service Holdings's Days Sales Outstanding for the three months ended in Dec. 2023 was 0.28.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Flying Financial Service Holdings's liquidation value for the three months ended in Dec. 2023 was HK$-33.51 Mil.

Flying Financial Service Holdings Change In Receivables Historical Data

The historical data trend for Flying Financial Service 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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Flying Financial Service Holdings Change In Receivables Chart

Flying Financial Service Holdings Annual Data

Trend

Dec14

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Dec16

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Dec19

Dec20

Dec21

Dec22

Dec23

Change In Receivables

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21.76

15.98

-0.14

-44.55

-40.31

Flying Financial Service 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															-	-	-	-	-

Flying Financial Service 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.

Flying Financial Service Holdings (HKSE:08030) 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.

Flying Financial Service 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
=	0.135	/	43.591	*	91
=	0.28

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

Flying Financial Service 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)
=	18.114	-	51.727	+	0.75 * 0.135	+	0.5 * 0
=	-33.51

Flying Financial Service Holdings Change In Receivables Related Terms

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Flying Financial Service Holdings (HKSE:08030) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Flying Financial Service Holdings Ltd (HKSE:08030) » Definitions » Change In Receivables

Comparable Companies

Traded in Other Exchanges

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Address

18th Floor, Block C, Building 1, Shenzhen Software Industry Base, High-tech Industrial Park, Nanshan District, Shenzhen, CHN

Website

http://www.flyingfinancial.hk

Flying Financial Service Holdings Ltd is an investment holding company. The company's operating segments include Investment in property development projects; Operation of financial services platform; Provision of entrusted loan, pawn loan, other loan services, and financial consultation services, and Finance lease services. It generates maximum revenue from the Operation of financial services platform segment. Geographically, the company business has spread over Hong Kong and China. Most of its revenue is generated from China.

Executives

Yan Qinglin	2101 Beneficial owner
Niu Chengjun	2101 Beneficial owner
Zheng Weijing
Kimberland Credit Limited	2106 Person having a security interest in shares
Shi Andong	2201 Interest of corporation controlled by you
Ming Cheng Investments Limited

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