GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Best World International Ltd (SGX:CGN) » Definitions » Change In Receivables

Best World International (SGX:CGN) Change In Receivables : S$0.3 Mil (TTM As of Dec. 2023)


View and export this data going back to 2004. Start your Free Trial

What is Best World International Change In Receivables?

Best World International's change in receivables for the quarter that ended in Dec. 2023 was S$7.2 Mil. It means Best World International's Accounts Receivable declined by S$7.2 Mil from Sep. 2023 to Dec. 2023 .

Best World International's change in receivables for the fiscal year that ended in Dec. 2023 was S$0.3 Mil. It means Best World International's Accounts Receivable declined by S$0.3 Mil from Dec. 2022 to Dec. 2023 .

Best World International's Accounts Receivable for the quarter that ended in Dec. 2023 was S$1.3 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. Best World International's Days Sales Outstanding for the three months ended in Dec. 2023 was 0.58.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Best World International's liquidation value for the three months ended in Dec. 2023 was S$346.8 Mil.


Best World International Change In Receivables Historical Data

The historical data trend for Best World International'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.

Best World International Change In Receivables Chart

Best World International Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Change In Receivables
Get a 7-Day Free Trial Premium Member Only Premium Member Only -9.82 8.77 -0.19 -5.03 0.33

Best World International Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Change In Receivables 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 9.07 -6.43 0.13 -0.60 7.23

Best World International 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 quarterly data reported by the company within the most recent 12 months, which was S$0.3 Mil.

* 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.


Best World International  (SGX:CGN) 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.

Best World International's Days Sales Outstanding for the quarter that ended in Dec. 2023 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=1.28/201.295*91
=0.58

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

Best World International'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)
=588.587-274.571+0.75 * 1.28+0.5 * 63.659
=346.8

* 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.


Best World International Change In Receivables Related Terms

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


Best World International (SGX:CGN) Business Description

Traded in Other Exchanges
N/A
Address
20 Pasir Panjang Road, No. 08-28 Mapletree Business City, Singapore, SGP, 117439
Best World International Ltd is an investment holding company and the distribution of nutritional supplement products, personal care products and healthcare equipment. The company's segment includes Direct selling; Franchise and others. It generates maximum revenue from the Direct selling segment. The Direct selling segment mainly comprises sales to customers through retail and online channels in Singapore, Malaysia, Indonesia, Thailand, Taiwan, Hong Kong, Vietnam, Philippines, Korea, Australia, New Zealand, United States, and United Arab Emirates.

Best World International (SGX:CGN) Headlines

No Headlines