Echo International Holdings Group (HKSE:08218) Change In Receivables : HK$0.00 Mil (TTM As of Sep. 2023)

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What is Echo International Holdings Group Change In Receivables?

Echo International Holdings Group's change in receivables for the quarter that ended in Sep. 2023 was HK$0.00 Mil. It means Echo International Holdings Group's Accounts Receivable stayed the same from Jun. 2023 to Sep. 2023 .

Echo International Holdings Group's change in receivables for the fiscal year that ended in Mar. 2023 was HK$11.76 Mil. It means Echo International Holdings Group's Accounts Receivable declined by HK$11.76 Mil from Mar. 2022 to Mar. 2023 .

Echo International Holdings Group's Accounts Receivable for the quarter that ended in Sep. 2023 was HK$1.70 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. Echo International Holdings Group's Days Sales Outstanding for the three months ended in Sep. 2023 was 10.05.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Echo International Holdings Group's liquidation value for the three months ended in Sep. 2023 was HK$4.71 Mil.

Echo International Holdings Group Change In Receivables Historical Data

The historical data trend for Echo International Holdings Group'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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Echo International Holdings Group Change In Receivables Chart

Echo International Holdings Group Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Change In Receivables

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0.10

2.35

-1.25

-8.70

11.76

Echo International Holdings Group Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
Change In Receivables	Get a 7-Day Free Trial															-	-	-	-	-

Echo International Holdings Group 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 quarterly data reported by the company within the most recent 12 months, which was HK$0.00 Mil.

Echo International Holdings Group (HKSE:08218) 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.

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

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	1.701	/	15.437	*	91
=	10.05

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

Echo International Holdings Group'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)
=	3.615	-	10.971	+	0.75 * 1.701	+	0.5 * 21.578
=	4.71

Echo International Holdings Group Change In Receivables Related Terms

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Echo International Holdings Group (HKSE:08218) Business Description

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GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Echo International Holdings Group Ltd (HKSE:08218) » Definitions » Change In Receivables

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Address

9 Hoi Shing Road, Room 3207A, 32nd Floor, Cable TV Tower, Tsuen Wan, Hong Kong, HKG

Website

http://www.echogroup.com.hk

Echo International Holdings Group Ltd is an investment holding company. The company's operating segment includes the Trading of electronic products; Manufacturing and trading of electronic products and accessories, Provision of food catering services, and trading of timepieces. It generates maximum revenue from the Provision of food catering services segment. Its products include security alarm, indications board, buzzers, timer, fishing indicator, charge board, control board, fire alarm, LED lamp assembly, switch, printed circuit board, and others. Geographically, it derives a majority of revenue from Hong KongCountries.

Executives

Lissington Limited
Zheng Ze Li
Bluemount Investment Fund Spc - Bluemount Investment Fund Sp
Ecgo International Ltd
Zhou Qilin
Siu Hiu Ki Jamie
Siu Wang Kei
Yeung Tong Seng Terry
Liu Wing Yee Amy	2101 Beneficial owner
Lam Sau Man
Heilesen Henrick

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