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Singer Sri Lanka (COL:SINS.N0000) Accounts Receivable : රු17,122 Mil (As of Mar. 2024)


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What is Singer Sri Lanka Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Singer Sri Lanka's accounts receivables for the quarter that ended in Mar. 2024 was රු17,122 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Singer Sri Lanka's Days Sales Outstanding for the quarter that ended in Mar. 2024 was 96.76.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Singer Sri Lanka's Net-Net Working Capital per share for the quarter that ended in Mar. 2024 was රු-42.54.


Singer Sri Lanka Accounts Receivable Historical Data

The historical data trend for Singer Sri Lanka's Accounts Receivable 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.

* Premium members only.

Singer Sri Lanka Accounts Receivable Chart

Singer Sri Lanka Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 13,499.06 12,596.24 13,452.83 9,698.05 17,122.08

Singer Sri Lanka Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Accounts Receivable Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 9,698.05 27,215.76 28,075.80 36,496.55 17,122.08

Singer Sri Lanka Accounts Receivable Calculation

Accounts Receivable is money owed to a business by customers and shown on its Balance Sheet as an asset.


Singer Sri Lanka Accounts Receivable 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 receivables are being managed.

Singer Sri Lanka's Days Sales Outstanding for the quarter that ended in Mar. 2024 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=17122.081/16147.24*91
=96.76

2. In Ben Graham's calculation of Net-Net Working Capital (NNWC), Singer Sri Lanka's accounts receivable are only considered to be worth 75% of book value:

Singer Sri Lanka's Net-Net Working Capital Per Share for the quarter that ended in Mar. 2024 is calculated as:

Net-Net Working Capital Per Share
=(Cash And Cash Equivalents+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(9133.577+0.75 * 17122.081+0.5 * 21600.919-81398.684
-0-1046.51)/1167.62
=-42.54

* 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.


Be Aware

Net receivables tells us a great deal about the different competitors in the same industry. In competitive industries, some attempt to gain advantage by offering better credit terms, causing increase in sales and receivables.

If company consistently shows lower % Net receivables to gross sales than competitors, then it usually has some kind of competitive advantage which requires further digging.

Average Days Sales Outstanding is a good indicator for measuring a company's sales channel and customers. A company may book great revenue and earnings growth but never receive payment from their customers. This may force a write-off in the future and depress future earnings.


Singer Sri Lanka Accounts Receivable Related Terms

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Singer Sri Lanka (COL:SINS.N0000) Business Description

Traded in Other Exchanges
N/A
Address
No. 112, Havelock Road, Colombo, LKA, 05
Singer Sri Lanka PLC is a Sri Lanka based appliance retailer. It is engaged in marketing of household electrical products. It operates in seven segments including Consumer Electronics that offers televisions, audios and other electronic products. Financial Services segment offers leasing, hire purchase and loans. Furniture segment offers wood and layered furniture, sofa sets, steel furniture, and mattress. Home Appliances offer refrigerators, washing machines, deep freezers. Digital Products include laptops and smartphones. Sewing segment offers domestic and industrial sewing machines and general merchandise Other segment offers motorbikes, bicycles, water pumps, paddy threshers, and tractors. The company generates maximum revenue from the Home Appliances segment.

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