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Sanli Environmental (SGX:1E3) Accounts Receivable : S$13.2 Mil (As of Sep. 2023)


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What is Sanli Environmental Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Sanli Environmental's accounts receivables for the quarter that ended in Sep. 2023 was S$13.2 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Sanli Environmental's Days Sales Outstanding for the quarter that ended in Sep. 2023 was 47.61.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Sanli Environmental's Net-Net Working Capital per share for the quarter that ended in Sep. 2023 was S$-0.15.


Sanli Environmental Accounts Receivable Historical Data

The historical data trend for Sanli Environmental'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.

Sanli Environmental Accounts Receivable Chart

Sanli Environmental Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 14.11 9.40 5.62 4.70 11.09

Sanli Environmental Semi-Annual Data
Mar14 Mar15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23
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 4.88 4.70 8.11 11.09 13.22

Sanli Environmental Accounts Receivable Calculation

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


Sanli Environmental 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.

Sanli Environmental's Days Sales Outstanding for the quarter that ended in Sep. 2023 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=13.215/50.656*91
=47.61

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

Sanli Environmental's Net-Net Working Capital Per Share for the quarter that ended in Sep. 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)
=(12.051+0.75 * 13.215+0.5 * 0-61.977
-0-0.012)/266.432
=-0.15

* 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.


Sanli Environmental Accounts Receivable Related Terms

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Sanli Environmental (SGX:1E3) Business Description

Traded in Other Exchanges
N/A
Address
28 Kian Teck Drive, Singapore, SGP, 628845
Sanli Environmental Ltd is an investment holding and provision of management services. The company's operating segment includes Engineering, Procurement, and Construction (EPC), and Operations and Maintenance (O&M). It generates maximum revenue from the EPC segment. The EPC segment is engaged in the provision of engineering, procurement, and construction services relating to water and waste management. Geographically, it derives revenue from Singapore.

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