Steamships Trading Co (ASX:SST) Change In Receivables : A$0.0 Mil (TTM As of Dec. 2023)

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What is Steamships Trading Co Change In Receivables?

Steamships Trading Co's change in receivables for the quarter that ended in Dec. 2023 was A$0.0 Mil. It means Steamships Trading Co's Accounts Receivable stayed the same from Jun. 2023 to Dec. 2023 .

Steamships Trading Co's change in receivables for the fiscal year that ended in Dec. 2023 was A$0.0 Mil. It means Steamships Trading Co's Accounts Receivable stayed the same from Dec. 2022 to Dec. 2023 .

Steamships Trading Co's Accounts Receivable for the quarter that ended in Dec. 2023 was A$49.0 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. Steamships Trading Co's Days Sales Outstanding for the six months ended in Dec. 2023 was 103.42.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Steamships Trading Co's liquidation value for the six months ended in Dec. 2023 was A$-193.3 Mil.

Steamships Trading Co Change In Receivables Historical Data

The historical data trend for Steamships Trading Co'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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Steamships Trading Co Change In Receivables Chart

Steamships Trading Co Annual Data

Trend

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Change In Receivables

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Steamships Trading Co 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															-	-	-	-	-

Steamships Trading Co 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 A$0.0 Mil.

Steamships Trading Co (ASX:SST) 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.

Steamships Trading Co's Days Sales Outstanding for the quarter that ended in Dec. 2023 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	48.955	/	86.385	*	91
=	103.42

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

Steamships Trading Co'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)
=	11.352	-	249.115	+	0.75 * 48.955	+	0.5 * 15.559
=	-193.3

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Steamships Trading Co (ASX:SST) Business Description

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GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Steamships Trading Co Ltd (ASX:SST) » Definitions » Change In Receivables

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Address

345, Stanley Esplanade, Section 20, Allotments 3, 4 and 5, Level 2 Granville, PO Box 1, National Capital District, Port Moresby, PNG, NCD 121

Website

https://www.steamships.com.pg

Steamships Trading Co Ltd is a diversified holding company. The company's operating segment includes Property and hospitality, Logistics, and Commercial & investment. It generates maximum revenue from the Logistics segment, which consists of shipping and land-based freight transport and related services divisions. The Property and hospitality segment consists of the hotels owned and operated by the group and also its property leasing division and Commercial and investment - which consists of commercial, head office administration function and insurance activities The group primarily operates in Papua New Guinea.