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GLE (Global Engine Group Holding) Change In Receivables : $0.00 Mil (TTM As of Dec. 2023)


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What is Global Engine Group Holding Change In Receivables?

Global Engine Group Holding's change in receivables for the quarter that ended in Dec. 2023 was $0.00 Mil. It means Global Engine Group Holding's Accounts Receivable stayed the same from Jun. 2023 to Dec. 2023 .

Global Engine Group Holding's change in receivables for the fiscal year that ended in Jun. 2023 was $-0.96 Mil. It means Global Engine Group Holding's Accounts Receivable increased by $0.96 Mil from Jun. 2022 to Jun. 2023 .

Global Engine Group Holding's Accounts Receivable for the quarter that ended in Dec. 2023 was $2.44 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.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Global Engine Group Holding's liquidation value for the three months ended in Dec. 2023 was $0.03 Mil.

Global Engine Group Holding Change In Receivables Historical Data

The historical data trend for Global Engine Group Holding'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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Global Engine Group Holding Change In Receivables Chart

Global Engine Group Holding Annual Data
Trend Jun20 Jun21 Jun22 Jun23
Change In Receivables
-1.51 0.98 0.37 -0.96

Global Engine Group Holding Quarterly Data
Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Change In Receivables Get a 7-Day Free Trial - - - - -

Global Engine Group Holding 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 $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.

Global Engine Group Holding  (NAS:GLE) 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.

Global Engine Group Holding's Days Sales Outstanding for the quarter that ended in Dec. 2023 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=2.444/0*91
=

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

Global Engine Group Holding'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)
=0.897-2.697+0.75 * 2.444+0.5 * 0
=0.03

* 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.

Global Engine Group Holding Change In Receivables Related Terms

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Global Engine Group Holding Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Software » Global Engine Group Holding Ltd (NAS:GLE) » Definitions » Change In Receivables
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Traded in Other Exchanges
N/A
Address
95 How Ming Street,, Room C, 19th Floor, World Tech Centre, Kwun Tong, Kowloon, Hong Kong, HKG
Website
https://www.globalengine.com.hk
Global Engine Group Holding Ltd offers integrated solutions by using ICT solutions to drive business outcomes and innovation. It serves primarily as a holding company for its operating subsidiary, Global Engine Limited. Its service offerings comprise services to telecom operators, including the one-stop shop purchase from telecom license application service to turnkey network setup as well as service outsourcing; business planning, development, technical and operations consulting programs structured to target the cloud computing and data center providers; system design, planning, development and operation services to technology companies; cloud platform deployment, IT system design and configuration services, maintenance services, data center colocation service and cloud service.