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Aztech Global (SGX:8AZ) Accounts Receivable : S$200.7 Mil (As of Dec. 2023)


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What is Aztech Global Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Aztech Global's accounts receivables for the quarter that ended in Dec. 2023 was S$200.7 Mil.

Accounts receivable can be measured by Days Sales Outstanding.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Aztech Global's Net-Net Working Capital per share for the quarter that ended in Dec. 2023 was S$0.27.


Aztech Global Accounts Receivable Historical Data

The historical data trend for Aztech Global'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.

Aztech Global Accounts Receivable Chart

Aztech Global Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Accounts Receivable
Get a 7-Day Free Trial 96.73 196.96 222.53 197.57 200.74

Aztech Global Quarterly Data
Dec17 Dec18 Sep19 Dec19 Jun20 Sep20 Dec20 Jun21 Sep21 Dec21 Jun22 Sep22 Dec22 Jun23 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 224.85 197.57 214.30 200.74 -

Aztech Global Accounts Receivable Calculation

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


Aztech Global 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.

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

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=200.739/0*91
=

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

Aztech Global's Net-Net Working Capital Per Share for the quarter that ended in Dec. 2023 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)
=(272.022+0.75 * 200.739+0.5 * 73.94-252.332
-0-0)/771.953
=0.27

* 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.


Aztech Global Accounts Receivable Related Terms

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Aztech Global (SGX:8AZ) Business Description

Traded in Other Exchanges
N/A
Address
No 01-05, 31 Ubi Road 1, Singapore, SGP, 408694
Aztech Global Ltd is an investment holding company. Its key products can be broadly categorized into the three modes such as IoT Devices and Data-communication products; LED lighting products; and Other electrical products. The Group has two reportable segments which include the manufacturing segment and the distribution and trading segment. The manufacturing segment manufactures and sells electronic products for its customers including related corporations. The distribution and trading segment sells electronic products to its customers including related corporations. Geographically, the group generates the majority of its revenue from the North American region.

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