Lincotrade & Associates Holdings (SGX:BFT) Accounts Receivable : S$13.98 Mil (As of Dec. 2023)

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What is Lincotrade & Associates Holdings Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Lincotrade & Associates Holdings's accounts receivables for the quarter that ended in Dec. 2023 was S$13.98 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Lincotrade & Associates Holdings's Days Sales Outstanding for the quarter that ended in Dec. 2023 was 59.71.

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

Lincotrade & Associates Holdings Accounts Receivable Historical Data

The historical data trend for Lincotrade & Associates 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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Lincotrade & Associates Holdings Accounts Receivable Chart

Lincotrade & Associates Holdings Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Jun21

Jun22

Jun23

Accounts Receivable

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5.47

4.53

3.66

5.97

Lincotrade & Associates Holdings Semi-Annual Data
	Mar14	Sep14	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Accounts Receivable	Get a 7-Day Free Trial															-	3.66	7.59	5.97	13.98

Lincotrade & Associates Holdings Accounts Receivable Calculation

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

Lincotrade & Associates 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.

Lincotrade & Associates 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
=	13.98	/	42.726	*	91
=	59.71

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

Lincotrade & Associates 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)
=	(19.543	+	0.75 * 13.98	+	0.5 * 0	-	32.056
-	0	-	0.054)	/	172.028
=	-0.01

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.

Lincotrade & Associates Holdings Accounts Receivable Related Terms

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Lincotrade & Associates Holdings (SGX:BFT) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Lincotrade & Associates Holdings Ltd (SGX:BFT) » Definitions » Accounts Receivable

Comparable Companies

Traded in Other Exchanges

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Address

39 Sungei Kadut Loop, Singapore, SGP, 729494

Website

https://www.lincotrade.com.sg

Lincotrade & Associates Holdings Ltd specializes in interior fitting out services, additions and alterations ("A&A") works, and other building construction services. Its segments include commercial premises, such as offices, hotels, shopping malls, and food and beverage establishments; residential premises such as condominium developments; and show flats and sales galleries. The company generates the majority of its revenue from commercial premises. Geographically the company operates in Singapore.