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Asiatic Group (Holdings) (SGX:5CR) Accounts Receivable : S$6.49 Mil (As of Dec. 2023)


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What is Asiatic Group (Holdings) Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Asiatic Group (Holdings)'s accounts receivables for the quarter that ended in Dec. 2023 was S$6.49 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Asiatic Group (Holdings)'s Days Sales Outstanding for the quarter that ended in Dec. 2023 was 54.19.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Asiatic Group (Holdings)'s Net-Net Working Capital per share for the quarter that ended in Dec. 2023 was S$-0.01.


Asiatic Group (Holdings) Accounts Receivable Historical Data

The historical data trend for Asiatic Group (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.

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Asiatic Group (Holdings) Accounts Receivable Chart

Asiatic Group (Holdings) 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 8.13 9.06 5.84 7.28 6.08

Asiatic Group (Holdings) Quarterly Data
Mar18 Sep18 Mar19 Sep19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 6.91 6.08 6.56 6.63 6.49

Asiatic Group (Holdings) Accounts Receivable Calculation

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


Asiatic Group (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.

Asiatic Group (Holdings)'s Days Sales Outstanding for the quarter that ended in Dec. 2023 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=6.49/10.928*91
=54.19

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

Asiatic Group (Holdings)'s Net-Net Working Capital Per Share for the quarter that ended in Dec. 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)
=(2.188+0.75 * 6.49+0.5 * 4.01-30.144
-0-6.298)/3233.42
=-0.01

* 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.


Asiatic Group (Holdings) Accounts Receivable Related Terms

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Asiatic Group (Holdings) (SGX:5CR) Business Description

Traded in Other Exchanges
N/A
Address
65 Joo Koon Circle, Singapore, SGP, 629078
Asiatic Group (Holdings) Ltd is an engineering management company focused on the development of two sectors Power and Fire fighting and protection. The firefighting and protection sector includes the supply, installation, and maintenance of fire-fighting and protection equipment. The power sector includes power generation and distribution of controlled power supply and equipment. The company manufactures fire extinguishers and assembles fire-fighting products such as hose reels, hydrants, alarm systems, and emergency lighting, under its brand name KILLFIRE. It operates in Singapore, Cambodia, and other countries. It generates revenue from the Power sector.

Asiatic Group (Holdings) (SGX:5CR) Headlines

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