GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Wilton Resources Corp Ltd (SGX:5F7) » Definitions » Accounts Receivable

Wilton Resources (SGX:5F7) Accounts Receivable : S$0.12 Mil (As of Jun. 2024)


View and export this data going back to 2005. Start your Free Trial

What is Wilton Resources Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Wilton Resources's accounts receivables for the quarter that ended in Jun. 2024 was S$0.12 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Wilton Resources's Days Sales Outstanding for the quarter that ended in Jun. 2024 was 1,990.91.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Wilton Resources's Net-Net Working Capital per share for the quarter that ended in Jun. 2024 was S$-0.01.


Wilton Resources Accounts Receivable Historical Data

The historical data trend for Wilton Resources'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.

Wilton Resources Accounts Receivable Chart

Wilton Resources Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Dec20 Dec21 Dec22 Dec23
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - 0.09

Wilton Resources Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
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 - - - 0.09 0.12

Wilton Resources Accounts Receivable Calculation

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


Wilton Resources 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.

Wilton Resources's Days Sales Outstanding for the quarter that ended in Jun. 2024 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=0.12/0.011*91
=1,990.91

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

Wilton Resources's Net-Net Working Capital Per Share for the quarter that ended in Jun. 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)
=(0.494+0.75 * 0.12+0.5 * 1.114-46.949
-0--8.301)/2623.983
=-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.


Wilton Resources Accounts Receivable Related Terms

Thank you for viewing the detailed overview of Wilton Resources's Accounts Receivable provided by GuruFocus.com. Please click on the following links to see related term pages.


Wilton Resources Business Description

Traded in Other Exchanges
N/A
Address
62 Ubi Road 1, No. 09-14 Oxley Bizhub 2, Singapore, SGP, 408734
Wilton Resources Corp Ltd together with its subsidiaries is engaged in the business of exploration and mining of gold, and production of gold ore. It holds interests in the Ciemas gold project located in the West Java province of Indonesia. It is also engaged in general trading, transportation, construction, real estate, logging, farming, plantation, forestry, electrical, mechanical, computer, workshop, and printing and services businesses. Geographically its presence can be seen in Singapore and Indonesia regions.

Wilton Resources Headlines

No Headlines