City Developments (SGX:C09) Change In Receivables : S$-472 Mil (TTM As of Dec. 2023)

View and export this data going back to 1963. Start your Free Trial

What is City Developments Change In Receivables?

City Developments's change in receivables for the quarter that ended in Dec. 2023 was S$-174 Mil. It means City Developments's Accounts Receivable increased by S$174 Mil from Jun. 2023 to Dec. 2023 .

City Developments's change in receivables for the fiscal year that ended in Dec. 2023 was S$-472 Mil. It means City Developments's Accounts Receivable increased by S$472 Mil from Dec. 2022 to Dec. 2023 .

City Developments's Accounts Receivable for the quarter that ended in Dec. 2023 was S$281 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. City Developments's Days Sales Outstanding for the six months ended in Dec. 2023 was 22.92.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. City Developments's liquidation value for the six months ended in Dec. 2023 was S$-9,634 Mil.

City Developments Change In Receivables Historical Data

The historical data trend for City Developments'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.

* Premium members only.

City Developments Change In Receivables Chart

City Developments Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Receivables

Get a 7-Day Free Trial

-134.81

-263.18

102.90

-62.69

-472.04

City Developments Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Change In Receivables	Get a 7-Day Free Trial															34.41	61.22	-123.91	-298.05	-173.99

City Developments 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 semi-annually data reported by the company within the most recent 12 months, which was S$-472 Mil.

City Developments (SGX:C09) 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.

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

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	281.043	/	2237.424	*	91
=	22.92

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

City Developments'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)
=	2406.197	-	14694.678	+	0.75 * 281.043	+	0.5 * 4886.931
=	-9,634

City Developments Change In Receivables Related Terms

Thank you for viewing the detailed overview of City Developments's Change In Receivables provided by GuruFocus.com. Please click on the following links to see related term pages.

City Developments (SGX:C09) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » City Developments Ltd (SGX:C09) » Definitions » Change In Receivables

Comparable Companies

Traded in Other Exchanges

CDEVY:USA C70.PFD:Singapore

Address

9 Raffles Place, No. 12-01 Republic Plaza, Singapore, SGP, 048619

Website

http://www.cdl.com.sg

City Developments, or CDL, is a listed property group of parent company Hong Leong Group. CDL's main businesses in property development and hotel operations makes up the majority of the group's operating profit. A portfolio of investment properties underpins recurring rental income and increasing income from investment properties is a key strategy for the group in the medium term. CDL's key geography is in Singapore with almost half of the group's total assets derived there. Its expansion into international markets is focused on the United Kingdom, China and Japan. CDL privatized its hotel operations, Millennium and Copthorne in 2019.

City Developments (SGX:C09) Headlines

No Headlines