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Darco Water Technologies (SGX:BLR) Accounts Receivable : S$15.44 Mil (As of Jun. 2024)


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What is Darco Water Technologies Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Darco Water Technologies's accounts receivables for the quarter that ended in Jun. 2024 was S$15.44 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Darco Water Technologies's Days Sales Outstanding for the quarter that ended in Jun. 2024 was 102.25.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Darco Water Technologies's Net-Net Working Capital per share for the quarter that ended in Jun. 2024 was S$-0.26.


Darco Water Technologies Accounts Receivable Historical Data

The historical data trend for Darco Water Technologies'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.

Darco Water Technologies Accounts Receivable Chart

Darco Water Technologies Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 62.51 61.17 18.19 20.58 18.58

Darco Water Technologies Semi-Annual Data
Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 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 12.69 20.58 22.66 18.58 15.44

Darco Water Technologies Accounts Receivable Calculation

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


Darco Water Technologies 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.

Darco Water Technologies's Days Sales Outstanding for the quarter that ended in Jun. 2024 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=15.439/27.555*91
=102.25

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

Darco Water Technologies'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)
=(8.607+0.75 * 15.439+0.5 * 1.837-44.174
-0-1.029)/93.8315
=-0.26

* 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.


Darco Water Technologies Accounts Receivable Related Terms

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Darco Water Technologies Business Description

Traded in Other Exchanges
N/A
Address
120 Lower Delta Road, No. 04-03 Cendex Centre, Singapore, SGP, 169208
Darco Water Technologies Ltd is a provider of integrated engineering and knowledge-based water and waste water treatment solutions, and vacuum systems with a global presence in China, Malaysia and Singapore. It is also an Engineering, Procurement, and Construction player specializing in industrial water treatment. The company's segments include EE Systems that designs, fabricates, assembles, installs and commissions engineered water systems for industrial application; WM Services which services and maintains water and wastewater treatment plants; and Trading is engaged in the trade and supplies of goods comprising chemicals, electrical controls and related instruments used in water treatment systems.

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