GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Kim Heng Ltd (SGX:5G2) » Definitions » Accounts Receivable

Kim Heng (SGX:5G2) Accounts Receivable : S$26.4 Mil (As of Dec. 2024)


View and export this data going back to 2014. Start your Free Trial

What is Kim Heng Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Kim Heng's accounts receivables for the quarter that ended in Dec. 2024 was S$26.4 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Kim Heng's Days Sales Outstanding for the quarter that ended in Dec. 2024 was 71.73.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Kim Heng's Net-Net Working Capital per share for the quarter that ended in Dec. 2024 was S$-0.14.


Kim Heng Accounts Receivable Historical Data

The historical data trend for Kim Heng'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.

Kim Heng Accounts Receivable Chart

Kim Heng Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 6.89 10.94 16.64 12.61 26.42

Kim Heng Semi-Annual Data
Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24
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 16.64 10.87 12.61 14.91 26.42

Kim Heng Accounts Receivable Calculation

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


Kim Heng 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.

Kim Heng's Days Sales Outstanding for the quarter that ended in Dec. 2024 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=26.424/67.232*91
=71.73

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

Kim Heng's Net-Net Working Capital Per Share for the quarter that ended in Dec. 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)
=(3.043+0.75 * 26.424+0.5 * 20.874-123.234
-0-7.585)/704.932
=-0.14

* 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.


Kim Heng Accounts Receivable Related Terms

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


Kim Heng Business Description

Industry
Traded in Other Exchanges
N/A
Address
No. 48 Penjuru Road, Singapore, SGP, 609152
Kim Heng Ltd is an integrated offshore and marine value chain service provider. It is engaged in providing services like supply chain management which includes the provision of logistics, general shipping, and crew management, and provision of offshore supply vessels and heavy lift equipment, vessel sales, and newbuild which includes purchase and refurbishment of vessels for onselling, and heavy equipment sale and rental which includes leasing, sale, maintenance, import and export of heavy equipment, and providing equipment and machinery like a crawler, lorry, and mobile cranes. The operating segments are Offshore Rig Services and Supply Chain Management, and Vessel Sales and Newbuilds where offshore rig services contribute the majority of revenue.

Kim Heng Headlines

No Headlines