Hang Chi Holdings (HKSE:08405) Change In Receivables : HK$0.0 Mil (TTM As of Dec. 2023)

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What is Hang Chi Holdings Change In Receivables?

Hang Chi Holdings's change in receivables for the quarter that ended in Dec. 2023 was HK$0.0 Mil. It means Hang Chi Holdings's Accounts Receivable stayed the same from Sep. 2023 to Dec. 2023 .

Hang Chi Holdings's change in receivables for the fiscal year that ended in Dec. 2023 was HK$-1.7 Mil. It means Hang Chi Holdings's Accounts Receivable increased by HK$1.7 Mil from Dec. 2022 to Dec. 2023 .

Hang Chi Holdings's Accounts Receivable for the quarter that ended in Dec. 2023 was HK$2.1 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. Hang Chi Holdings's Days Sales Outstanding for the three months ended in Dec. 2023 was 3.61.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Hang Chi Holdings's liquidation value for the three months ended in Dec. 2023 was HK$-41.0 Mil.

Hang Chi Holdings Change In Receivables Historical Data

The historical data trend for Hang Chi 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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Hang Chi Holdings Change In Receivables Chart

Hang Chi Holdings Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Receivables

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-0.17

0.27

0.03

-0.32

-1.66

Hang Chi 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															-	-	-	-	-

Hang Chi 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$0.0 Mil.

Hang Chi Holdings (HKSE:08405) 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.

Hang Chi 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
=	2.14	/	54.056	*	91
=	3.61

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

Hang Chi 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)
=	58.349	-	100.929	+	0.75 * 2.14	+	0.5 * 0
=	-41.0

Hang Chi Holdings Change In Receivables Related Terms

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Hang Chi Holdings (HKSE:08405) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » Hang Chi Holdings Ltd (HKSE:08405) » Definitions » Change In Receivables

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 18 Sheung Yuet Road, Unit 09, 7th Floor, FTLife Tower, Kowloon Bay, Kowloon, Hong Kong, HKG

Website

https://www.shuionnc.com

Hang Chi Holdings Ltd is engaged in the operation of elderly residential care homes. Its business comprises of providing comprehensive residential care home services to the elderly residents including the provision of accommodation with dietician-managed meal plans, 24-hour nursing and caretaking assistance and professional services such as regular medical consultation, physiotherapy, occupational therapy, psychological and social care services; and the sale of healthcare and medical consumable products and the provision of customizable add-on healthcare services to the elderly residents. The group derives majority of the revenue from Hong Kong.

Executives

Yik Tak Chi	2101 Beneficial owner
Lok Ko Yeung Benjiman
Lui Chi Tat	2101 Beneficial owner
Hang Chi Development & Investment Limited
Lucky Expert Investments Limited
Multifield Investment Development Limited
Shui Wah Limited
Chung Shuk Man
Yik Wai Hang

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