World Precision Machinery (SGX:B49) Change In Receivables : S$-6.1 Mil (TTM As of Mar. 2024)

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What is World Precision Machinery Change In Receivables?

World Precision Machinery's change in receivables for the quarter that ended in Mar. 2024 was S$6.0 Mil. It means World Precision Machinery's Accounts Receivable declined by S$6.0 Mil from Dec. 2023 to Mar. 2024 .

World Precision Machinery's change in receivables for the fiscal year that ended in Dec. 2023 was S$0.2 Mil. It means World Precision Machinery's Accounts Receivable declined by S$0.2 Mil from Dec. 2022 to Dec. 2023 .

World Precision Machinery's Accounts Receivable for the quarter that ended in Mar. 2024 was S$69.0 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. World Precision Machinery's Days Sales Outstanding for the three months ended in Mar. 2024 was 182.58.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. World Precision Machinery's liquidation value for the three months ended in Mar. 2024 was S$-39.6 Mil.

World Precision Machinery Change In Receivables Historical Data

The historical data trend for World Precision Machinery'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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World Precision Machinery Change In Receivables Chart

World Precision Machinery Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Receivables

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3.40

-31.42

-31.74

12.09

0.19

World Precision Machinery Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Change In Receivables	Get a 7-Day Free Trial															12.74	-8.19	-2.43	-1.47	6.02

World Precision Machinery 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 quarterly data reported by the company within the most recent 12 months, which was S$-6.1 Mil.

World Precision Machinery (SGX:B49) 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.

World Precision Machinery's Days Sales Outstanding for the quarter that ended in Mar. 2024 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	68.978	/	34.474	*	91
=	182.58

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

World Precision Machinery'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)
=	71.819	-	198.93	+	0.75 * 68.978	+	0.5 * 71.523
=	-39.6

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World Precision Machinery (SGX:B49) Business Description

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GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » World Precision Machinery Ltd (SGX:B49) » Definitions » Change In Receivables

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Traded in Other Exchanges

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Address

Picheng Town, Jiangsu Province, Danyang, CHN, 212311

Website

https://www.wpmlimited.com

World Precision Machinery Ltd is engaged in the business of manufacturing conventional stamping machines and metal parts. It manufactures both standard and customized stamping machines. It company has established its sales network and service centers in large and medium-sized cities across the People's Republic of China and its products are even exported to Southeast Asia, Europe, South America, and South Africa. It comprises sales of conventional stamping machines, high-performance and high-tonnage stamping machines, and metal parts and it generates maximum revenue from the High performance and high-tonnage stamping machines.

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