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Trek 2000 International (SGX:5AB) Accounts Receivable : S$0.25 Mil (As of Dec. 2023)


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What is Trek 2000 International Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Trek 2000 International's accounts receivables for the quarter that ended in Dec. 2023 was S$0.25 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Trek 2000 International's Days Sales Outstanding for the quarter that ended in Dec. 2023 was 3.39.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Trek 2000 International's Net-Net Working Capital per share for the quarter that ended in Dec. 2023 was S$0.10.


Trek 2000 International Accounts Receivable Historical Data

The historical data trend for Trek 2000 International's Accounts Receivable 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.

Trek 2000 International Accounts Receivable Chart

Trek 2000 International Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.62 4.27 5.38 4.47 0.25

Trek 2000 International Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Accounts Receivable 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 5.38 4.12 4.47 0.47 0.25

Trek 2000 International Accounts Receivable Calculation

Accounts Receivable is money owed to a business by customers and shown on its Balance Sheet as an asset.


Trek 2000 International Accounts Receivable 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 receivables are being managed.

Trek 2000 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
=0.252/13.574*91
=3.39

2. In Ben Graham's calculation of Net-Net Working Capital (NNWC), Trek 2000 International's accounts receivable are only considered to be worth 75% of book value:

Trek 2000 International's Net-Net Working Capital Per Share for the quarter that ended in Dec. 2023 is calculated as:

Net-Net Working Capital Per Share
=(Cash And Cash Equivalents+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(38.364+0.75 * 0.252+0.5 * 4.01-7.49
-0-1.139)/313.092
=0.10

* 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.


Be Aware

Net receivables tells us a great deal about the different competitors in the same industry. In competitive industries, some attempt to gain advantage by offering better credit terms, causing increase in sales and receivables.

If company consistently shows lower % Net receivables to gross sales than competitors, then it usually has some kind of competitive advantage which requires further digging.

Average Days Sales Outstanding is a good indicator for measuring a company's sales channel and customers. A company may book great revenue and earnings growth but never receive payment from their customers. This may force a write-off in the future and depress future earnings.


Trek 2000 International Accounts Receivable Related Terms

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Trek 2000 International (SGX:5AB) Business Description

Traded in Other Exchanges
N/A
Address
30 Loyang Way No. 07-13/14/15, Loyang Industrial Estate, Singapore, SGP, 508769
Trek 2000 International Ltd is an investment holding company and ownership of a portfolio of intellectual property. Its segments include Customised solutions, Interactive consumer solutions, and Renewable Energy Solutions. The company's Interactive Consumer Solutions division is the key revenue generator. Its ICS solutions/products comprise Thumbdrive, Flucard, Security Solutions, and WiFi Memory Modules for embedded devices. It is focused on key markets like China/ Hong Kong and Taiwan, and Singapore, India, Malaysia, and Indonesia is its secondary market.

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