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Abundance International (SGX:541) Change In Receivables

: S$1.7 Mil (TTM As of Jun. 2023)
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Abundance International's change in receivables for the quarter that ended in Jun. 2023 was S$-3.6 Mil. It means Abundance International's Accounts Receivable increased by S$3.6 Mil from Dec. 2022 to Jun. 2023 .

Abundance International's change in receivables for the fiscal year that ended in Dec. 2022 was S$7.0 Mil. It means Abundance International's Accounts Receivable declined by S$7.0 Mil from Dec. 2021 to Dec. 2022 .

Abundance International's Accounts Receivable for the quarter that ended in Jun. 2023 was S$16.2 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. Abundance International's Days Sales Outstanding for the six months ended in Jun. 2023 was 7.68.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Abundance International's liquidation value for the six months ended in Jun. 2023 was S$-15.7 Mil.


Abundance International Change In Receivables Historical Data

The historical data trend for Abundance 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.

Abundance International Annual Data
Trend Sep12 Sep13 Sep14 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Change In Receivables
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 20.76 -4.87 -20.48 19.41 6.95

Abundance International Semi-Annual Data
Mar13 Sep13 Mar14 Sep14 Mar15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23
Change In Receivables 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 Premium Member Only Premium Member Only Premium Member Only 3.08 16.26 1.76 5.24 -3.58

Abundance 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 Jun. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was S$1.7 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.


Abundance International  (SGX:541) 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.

Abundance International's Days Sales Outstanding for the quarter that ended in Jun. 2023 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=16.171/384.382*91
=7.68

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

Abundance International's liquidation value for the quarter that ended in Jun. 2023 is calculated as:

Liquidation Value
=Cash, Cash Equivalents, Marketable Securities-Total Liabilities+(0.75 * Accounts Receivable)+(0.5 * Total Inventories)
=7.967-43.998+0.75 * 16.171+0.5 * 16.484
=-15.7

* 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.


Abundance International Change In Receivables Related Terms

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Abundance International (SGX:541) Business Description

Traded in Other Exchanges
N/A
Address
9 Joo Koon Circle, Singapore, SGP, 629041
Abundance International Ltd is engaged in the chemical manufacturing and trading of equipment, accessories, consumables, or peripherals used in the chemical industry and other related businesses. In addition, it is also investing in companies and other entities through equity, securities, and other instruments. It is organized into the following reportable operating segments, Chemicals, Printing, and Investment segment. The company derives the maximum revenue from the Chemicals segment. Its primary geographic markets are China and other countries in Asia of which China contributes most of the total revenue.

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