GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » HGH Holdings Ltd (SGX:5GZ) » Definitions » Accounts Receivable

HGH Holdings (SGX:5GZ) Accounts Receivable : S$4.23 Mil (As of Dec. 2024)


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

What is HGH Holdings Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. HGH Holdings's accounts receivables for the quarter that ended in Dec. 2024 was S$4.23 Mil.

Accounts receivable can be measured by Days Sales Outstanding. HGH Holdings's Days Sales Outstanding for the quarter that ended in Dec. 2024 was 60.24.

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


HGH Holdings Accounts Receivable Historical Data

The historical data trend for HGH 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.

HGH Holdings Accounts Receivable Chart

HGH Holdings 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 1.36 3.44 3.64 3.46 4.23

HGH Holdings 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 3.64 3.96 3.46 1.88 4.23

HGH Holdings Accounts Receivable Calculation

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


HGH 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.

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

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=4.229/12.812*91
=60.24

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

HGH Holdings'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)
=(5.118+0.75 * 4.229+0.5 * 0.3-23.315
-0--0.1)/1780.861
=-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.


HGH Holdings Accounts Receivable Related Terms

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


HGH Holdings Business Description

Traded in Other Exchanges
N/A
Address
60 Benoi Road, No 03-02, Singapore, SGP, 629906
HGH Holdings Ltd, through its subsidiaries, is engaged in the supply and manufacturing of ready-mix concrete products; supply of precast concrete products; providing one-stop high value-added general warehousing and logistics services, industrial, office space for engineering, manufacturing, industrial training, and workers' dormitory facilities; and providing underground cable installation and road reinstatement services. Its segments include leasing and service income, the Manufacturing of Precast Concrete products, the Supply and Manufacturing of Ready-Mix Concrete products; and the provision of Underground Cable Installation and Road Reinstatement. It derives the majority of its revenue from the Supply and Manufacturing of Ready-Mix Concrete products.

HGH Holdings Headlines

No Headlines