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GS Holdings (SGX:43A) Accounts Receivable : S$0.51 Mil (As of Mar. 2024)


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What is GS Holdings Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. GS Holdings's accounts receivables for the quarter that ended in Mar. 2024 was S$0.51 Mil.

Accounts receivable can be measured by Days Sales Outstanding. GS Holdings's Days Sales Outstanding for the quarter that ended in Mar. 2024 was 18.19.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. GS Holdings's Net-Net Working Capital per share for the quarter that ended in Mar. 2024 was S$-0.03.


GS Holdings Accounts Receivable Historical Data

The historical data trend for GS 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.

GS Holdings Accounts Receivable Chart

GS Holdings 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 21.95 24.82 0.06 0.08 0.11

GS Holdings Quarterly Data
Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 0.46 0.56 0.53 0.11 0.51

GS Holdings Accounts Receivable Calculation

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


GS 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.

GS Holdings's Days Sales Outstanding for the quarter that ended in Mar. 2024 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=0.513/2.574*91
=18.19

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

GS Holdings's Net-Net Working Capital Per Share for the quarter that ended in Mar. 2024 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)
=(0.546+0.75 * 0.513+0.5 * 0.085-7.846
-0--1.482)/188.993
=-0.03

* 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.


GS Holdings Accounts Receivable Related Terms

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GS Holdings (SGX:43A) Business Description

Traded in Other Exchanges
Address
680 Upper Thomson Road, No 02-01, Singapore, SGP, 787103
GS Holdings Ltd is Singapore-based holding firm. The company provides management consultancy services with relation to Branding, Operations and Procurement services to its customers and earns management consultancy services based on the agreements entered upon. Consultancy services include providing training and delivery service at all outlets, managing customer-experience and relationship management matters and evaluate the performance of each outlet and the related executives. Its segments include Food and Beverages; Branding, Operations and Procurement services; and Investment holdings. It derives revenue from Food and Beverages segment.

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