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SingAsia Holdings (HKSE:08293) Accounts Receivable : HK$4.84 Mil (As of Jan. 2025)


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What is SingAsia Holdings Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. SingAsia Holdings's accounts receivables for the quarter that ended in Jan. 2025 was HK$4.84 Mil.

Accounts receivable can be measured by Days Sales Outstanding.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. SingAsia Holdings's Net-Net Working Capital per share for the quarter that ended in Jan. 2025 was HK$-0.04.


SingAsia Holdings Accounts Receivable Historical Data

The historical data trend for SingAsia Holdings'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.

SingAsia Holdings Accounts Receivable Chart

SingAsia Holdings Annual Data
Trend Jul15 Jul16 Jul17 Jul18 Jul19 Jul20 Jul21 Jul22 Jul23 Jul24
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 6.74 4.44 13.16 11.84 3.41

SingAsia Holdings Quarterly Data
Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Jul24 Jan25
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 11.84 - 7.30 3.41 4.84

SingAsia Holdings Accounts Receivable Calculation

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


SingAsia Holdings 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.

SingAsia Holdings's Days Sales Outstanding for the quarter that ended in Jan. 2025 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=4.835/0*91
=

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

SingAsia Holdings's Net-Net Working Capital Per Share for the quarter that ended in Jan. 2025 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)
=(6.157+0.75 * 4.835+0.5 * 0-19.391
-0-0)/215.040
=-0.04

* 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.


SingAsia Holdings Accounts Receivable Related Terms

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SingAsia Holdings Business Description

Traded in Other Exchanges
N/A
Address
60 Paya Lebar Road, No. 12–29 Paya Lebar Square, Singapore, SGP, 409051
SingAsia Holdings Ltd is a workforce solutions provider for companies and organizations looking to streamline their operations in hotels, resorts, retail, food and beverage and other educational institutions, event organizers, and various industries sectors. The group's segments include Manpower outsourcing and Manpower recruitment. The majority of its revenue is derived from the Manpower outsourcing segment. Geographically, it derives majority of its revenue from Singapore.
Executives
China New Consumption Group Limited 2101 Beneficial owner
Irregular Consulting Limited 2101 Beneficial owner
Wee Yu-chih 2201 Interest of corporation controlled by you
Tse Sing Yu 2201 Interest of corporation controlled by you
Huang Weiyan 2101 Beneficial owner
Goh Guan Chua 2101 Beneficial owner
Centrex Treasure Holdings Limited 2101 Beneficial owner
Sim Hak Chor 2201 Interest of corporation controlled by you
Eden Publishing Pte. Ltd. 2101 Beneficial owner
Teo Li Lian 2101 Beneficial owner
Li Haifeng 2101 Beneficial owner
Sim Hak Chor 2201 Interest of corporation controlled by you

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