Asia Strategic Holdings (LSE:ASIA) Change In Receivables : $-0.57 Mil (TTM As of Sep. 2023)

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What is Asia Strategic Holdings Change In Receivables?

Asia Strategic Holdings's change in receivables for the quarter that ended in Sep. 2023 was $-0.21 Mil. It means Asia Strategic Holdings's Accounts Receivable increased by $0.21 Mil from Mar. 2023 to Sep. 2023 .

Asia Strategic Holdings's change in receivables for the fiscal year that ended in Sep. 2023 was $-0.57 Mil. It means Asia Strategic Holdings's Accounts Receivable increased by $0.57 Mil from Sep. 2022 to Sep. 2023 .

Asia Strategic Holdings's Accounts Receivable for the quarter that ended in Sep. 2023 was $0.65 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. Asia Strategic Holdings's Days Sales Outstanding for the six months ended in Sep. 2023 was 9.47.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Asia Strategic Holdings's liquidation value for the six months ended in Sep. 2023 was $-30.55 Mil.

Asia Strategic Holdings Change In Receivables Historical Data

The historical data trend for Asia Strategic 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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Asia Strategic Holdings Change In Receivables Chart

Asia Strategic Holdings Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Sep21

Sep22

Sep23

Change In Receivables

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-0.07

-0.35

0.06

-0.36

-0.57

Asia Strategic Holdings Semi-Annual Data
	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Change In Receivables	Get a 7-Day Free Trial										0.55	-0.19	-0.17	-0.35	-0.21

Asia Strategic 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 Sep. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was $-0.57 Mil.

Asia Strategic Holdings (LSE:ASIA) 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.

Asia Strategic Holdings's Days Sales Outstanding for the quarter that ended in Sep. 2023 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	0.654	/	12.601	*	91
=	9.47

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

Asia Strategic Holdings's liquidation value for the quarter that ended in Sep. 2023 is calculated as:

	Liquidation Value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	1.49	-	32.64	+	0.75 * 0.654	+	0.5 * 0.222
=	-30.55

Asia Strategic Holdings Change In Receivables Related Terms

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Asia Strategic Holdings (LSE:ASIA) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Education » Asia Strategic Holdings Ltd (LSE:ASIA) » Definitions » Change In Receivables

Comparable Companies

Traded in Other Exchanges

N/A

Address

80 Raffles Place, No. 32-01, UOB Plaza 1, Singapore, SGP, 048624

Website

http://www.asia-strategic.com

Asia Strategic Holdings Ltd is an investment-based company. The company's operating segments are Education; Services and Others. It generates maximum revenue from the Education segment. Education segment includes operation of education businesses ranging from early years to tertiary education and including vocational training, consultancy, advisory and project management services in the education sector in Myanmar and in Vietnam. Geographically, it derives a majority of revenue from Myanmar.