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A-Smart Holdings (SGX:BQC) Accounts Receivable : S$1.43 Mil (As of Jan. 2024)


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What is A-Smart Holdings Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. A-Smart Holdings's accounts receivables for the quarter that ended in Jan. 2024 was S$1.43 Mil.

Accounts receivable can be measured by Days Sales Outstanding. A-Smart Holdings's Days Sales Outstanding for the quarter that ended in Jan. 2024 was 75.64.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. A-Smart Holdings's Net-Net Working Capital per share for the quarter that ended in Jan. 2024 was S$0.02.


A-Smart Holdings Accounts Receivable Historical Data

The historical data trend for A-Smart 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.

A-Smart Holdings Accounts Receivable Chart

A-Smart Holdings Annual Data
Trend Jul14 Jul15 Jul16 Jul17 Jul18 Jul19 Jul20 Jul21 Jul22 Jul23
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.06 0.68 0.75 1.23 2.01

A-Smart Holdings Semi-Annual Data
Jul14 Jan15 Jul15 Jan16 Jul16 Jan17 Jul17 Jan18 Jul18 Jan19 Jul19 Jan20 Jul20 Jan21 Jul21 Jan22 Jul22 Jan23 Jul23 Jan24
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 1.24 1.23 1.23 2.01 1.43

A-Smart Holdings Accounts Receivable Calculation

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


A-Smart 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.

A-Smart Holdings's Days Sales Outstanding for the quarter that ended in Jan. 2024 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=1.432/3.455*91
=75.64

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

A-Smart Holdings's Net-Net Working Capital Per Share for the quarter that ended in Jan. 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)
=(2.685+0.75 * 1.432+0.5 * 16.498-7.735
-0-0.136)/200.213
=0.02

* 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.


A-Smart Holdings Accounts Receivable Related Terms

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A-Smart Holdings (SGX:BQC) Business Description

Traded in Other Exchanges
Address
61 Tai Seng Avenue, No. 03-03, Print Media Hub, Paya Lebar iPark, Singapore, SGP, 534167
A-Smart Holdings Ltd is an investment holding company. The company's operating segment includes Property, Print and Media, Smart Technologies and Corporate and Others. It generates maximum revenue from the Print Media segment. The Print Media segment is involved in the printing of financial research reports, annual reports, asset management reports, initial public offering prospectuses, corporate brochures, yearbooks, trade directories, magazines, other commercial publications, collaterals and event management. Geographically, it derives revenue from Singapore.

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