Hon Kwok Land Investment Co (HKSE:00160) Change In Receivables : HK$3 Mil (TTM As of Mar. 2024)

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What is Hon Kwok Land Investment Co Change In Receivables?

Hon Kwok Land Investment Co's change in receivables for the quarter that ended in Mar. 2024 was HK$4 Mil. It means Hon Kwok Land Investment Co's Accounts Receivable declined by HK$4 Mil from Sep. 2023 to Mar. 2024 .

Hon Kwok Land Investment Co's change in receivables for the fiscal year that ended in Mar. 2024 was HK$3 Mil. It means Hon Kwok Land Investment Co's Accounts Receivable declined by HK$3 Mil from Mar. 2023 to Mar. 2024 .

Hon Kwok Land Investment Co's Accounts Receivable for the quarter that ended in Mar. 2024 was HK$7 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. Hon Kwok Land Investment Co's Days Sales Outstanding for the six months ended in Mar. 2024 was 3.07.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Hon Kwok Land Investment Co's liquidation value for the six months ended in Mar. 2024 was HK$-6,183 Mil.

Hon Kwok Land Investment Co Change In Receivables Historical Data

The historical data trend for Hon Kwok Land Investment Co'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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Hon Kwok Land Investment Co Change In Receivables Chart

Hon Kwok Land Investment Co Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Change In Receivables

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0.78

1.66

4.80

3.44

3.40

Hon Kwok Land Investment Co Semi-Annual Data
	Sep14	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23	Mar24
Change In Receivables	Get a 7-Day Free Trial															-0.08	0.72	2.72	-1.00	4.40

Hon Kwok Land Investment Co 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 Mar. 2024 adds up the semi-annually data reported by the company within the most recent 12 months, which was HK$3 Mil.

Hon Kwok Land Investment Co (HKSE:00160) 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.

Hon Kwok Land Investment Co's Days Sales Outstanding for the quarter that ended in Mar. 2024 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	7.48	/	444.007	*	91
=	3.07

2. In Ben Graham's calculation of liquidation value, Hon Kwok Land Investment Co's accounts receivable are only considered to be worth 75% of book value:

Hon Kwok Land Investment Co's liquidation value for the quarter that ended in Mar. 2024 is calculated as:

	Liquidation Value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	1301.03	-	8067.988	+	0.75 * 7.48	+	0.5 * 1156.651
=	-6,183

Hon Kwok Land Investment Co Change In Receivables Related Terms

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Hon Kwok Land Investment Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Hon Kwok Land Investment Co Ltd (HKSE:00160) » Definitions » Change In Receivables

Traded in Other Exchanges

N/A

Address

111 Connaught Road, 23rd Floor, Wing On Centre, Central, Hong Kong, HKG

Website

https://www.honkwok.com.hk

Hon Kwok Land Investment Co Ltd is a Hong Kong-based investment holding company. The company's operating segments include Property development; Property investment and Property, carpark management, and others segment. It generates maximum revenue from the Property development segment which develops properties for sale. Geographically, it has a business presence in Hong Kong, Japan, and Mainland China, of which it derives a majority of its revenue from Mainland China.

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