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Azeus Systems Holdings (SGX:BBW) Accounts Receivable : S$9.93 Mil (As of Sep. 2023)


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What is Azeus Systems Holdings Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Azeus Systems Holdings's accounts receivables for the quarter that ended in Sep. 2023 was S$9.93 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Azeus Systems Holdings's Days Sales Outstanding for the quarter that ended in Sep. 2023 was 78.35.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Azeus Systems Holdings's Net-Net Working Capital per share for the quarter that ended in Sep. 2023 was S$0.37.


Azeus Systems Holdings Accounts Receivable Historical Data

The historical data trend for Azeus Systems 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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Azeus Systems Holdings Accounts Receivable Chart

Azeus Systems 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 2.33 4.35 4.93 4.62 7.49

Azeus Systems Holdings Semi-Annual Data
Mar14 Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23
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 7.99 4.62 7.79 7.49 9.93

Azeus Systems Holdings Accounts Receivable Calculation

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


Azeus Systems 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.

Azeus Systems Holdings's Days Sales Outstanding for the quarter that ended in Sep. 2023 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=9.932/23.135*91
=78.35

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

Azeus Systems Holdings's Net-Net Working Capital Per Share for the quarter that ended in Sep. 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)
=(28.533+0.75 * 9.932+0.5 * 0.637-25.116
-0-0)/30
=0.37

* 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.


Azeus Systems Holdings Accounts Receivable Related Terms

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Azeus Systems Holdings (SGX:BBW) Business Description

Traded in Other Exchanges
N/A
Address
255 King’s Road, 22th Floor, Olympia Plaza, North Point, Hong Kong, HKG
Azeus Systems Holdings Ltd is made up of a group of companies, which are mainly known as IT solutions providers. It is a global company that operates mainly in Europe, Asia, the Middle East, Australia, North and South America, Africa, and the Caribbean. It operates through two segments, IT Services and Azeus Product. The IT Service segment includes designing and implementing a broad range of IT software and systems, as well as developing and integrating various software programmes of IT systems to fulfill the outsourcing needs of its customers. Its Product includes developing innovative technologies and solutions such as proprietary products known as AzeusCare - an enterprise level social care management system, and Convene - an award-winning Board Portal.