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Valuetronics Holdings (SGX:BN2) Accounts Receivable : S$67.1 Mil (As of Sep. 2023)


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What is Valuetronics Holdings Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Valuetronics Holdings's accounts receivables for the quarter that ended in Sep. 2023 was S$67.1 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Valuetronics Holdings's Days Sales Outstanding for the quarter that ended in Sep. 2023 was 78.82.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Valuetronics Holdings's Net-Net Working Capital per share for the quarter that ended in Sep. 2023 was S$0.33.


Valuetronics Holdings Accounts Receivable Historical Data

The historical data trend for Valuetronics 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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Valuetronics Holdings Accounts Receivable Chart

Valuetronics 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 75.37 59.57 84.79 74.79 79.22

Valuetronics 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 92.09 74.79 79.22 79.22 67.06

Valuetronics Holdings Accounts Receivable Calculation

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


Valuetronics 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.

Valuetronics 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
=67.063/155.27*91
=78.82

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

Valuetronics 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)
=(199.136+0.75 * 67.063+0.5 * 32.666-129.169
-0-0)/413.436
=0.33

* 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.


Valuetronics Holdings Accounts Receivable Related Terms

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Valuetronics Holdings (SGX:BN2) Business Description

Traded in Other Exchanges
Address
No. 18 On Lai Street, Unit 9-11, 7th Floor, Technology Park, New Territories, Shatin, Hong Kong, HKG
Valuetronics Holdings Ltd is an integrated electronics manufacturing services provider. The company specializes in original equipment manufacturing services as well as original design manufacturing services. It offers a broad combination of design, engineering, manufacturing, and supply chain support services for electronic and electro-mechanical products. It has two reportable segments - Consumer Electronics, and Industrial and Commercial Electronics covering smart lighting products, temperature sensing devices, communication products, automotive products and medical equipments. The majority of its revenue is derived from Industrial and Commercial Electronics segment. It has operational footprints across the United States of America, Hong Kong, Poland, Canada and other countries.

Valuetronics Holdings (SGX:BN2) Headlines

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