Karin Technology Holdings (SGX:K29) Change In Receivables : S$-10.3 Mil (TTM As of Dec. 2023)

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What is Karin Technology Holdings Change In Receivables?

Karin Technology Holdings's change in receivables for the quarter that ended in Dec. 2023 was S$-18.8 Mil. It means Karin Technology Holdings's Accounts Receivable increased by S$18.8 Mil from Jun. 2023 to Dec. 2023 .

Karin Technology Holdings's change in receivables for the fiscal year that ended in Jun. 2023 was S$6.5 Mil. It means Karin Technology Holdings's Accounts Receivable declined by S$6.5 Mil from Jun. 2022 to Jun. 2023 .

Karin Technology Holdings's Accounts Receivable for the quarter that ended in Dec. 2023 was S$89.9 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. Karin Technology Holdings's Days Sales Outstanding for the six months ended in Dec. 2023 was 82.25.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Karin Technology Holdings's liquidation value for the six months ended in Dec. 2023 was S$-28.6 Mil.

Karin Technology Holdings Change In Receivables Historical Data

The historical data trend for Karin Technology 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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Karin Technology Holdings Change In Receivables Chart

Karin Technology Holdings Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Change In Receivables

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5.77

10.13

-19.67

-1.66

6.55

Karin Technology Holdings 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															-8.12	6.53	-1.98	8.50	-18.85

Karin Technology 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 Dec. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was S$-10.3 Mil.

Karin Technology Holdings (SGX:K29) 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.

Karin Technology Holdings's Days Sales Outstanding for the quarter that ended in Dec. 2023 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	89.888	/	199.456	*	91
=	82.25

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

Karin Technology Holdings'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)
=	19.635	-	137.419	+	0.75 * 89.888	+	0.5 * 43.547
=	-28.6

Karin Technology Holdings Change In Receivables Related Terms

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Karin Technology Holdings (SGX:K29) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Conglomerates » Karin Technology Holdings Ltd (SGX:K29) » Definitions » Change In Receivables

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Traded in Other Exchanges

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Address

183 Wai Yip Street, 9th Floor, The Whitney, Kwun Tong, Kowloon, Hong Kong, HKG

Website

https://www.karingroup.com

Karin Technology Holdings Ltd is an investment holding company. Its operating segment includes Components Distribution; IT Infrastructure and Consumer Electronics Products. It generates maximum revenue from the IT Infrastructure segment which is engaged in the provision of computer data storage management solutions and services. The Components Distribution segment engages in the distribution and trading of electronic components and cables. Its Consumer Electronics Products segment engages in the distribution and retailing of consumer electronics products. Geographically, it derives a majority of revenue from Hong Kong and also has a presence in Mainland China and Other Countries.

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