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Casa Holdings (SGX:C04) Accounts Receivable : S$2.97 Mil (As of Sep. 2024)


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What is Casa Holdings Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Casa Holdings's accounts receivables for the quarter that ended in Sep. 2024 was S$2.97 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Casa Holdings's Days Sales Outstanding for the quarter that ended in Sep. 2024 was 51.75.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Casa Holdings's Net-Net Working Capital per share for the quarter that ended in Sep. 2024 was S$0.01.


Casa Holdings Accounts Receivable Historical Data

The historical data trend for Casa 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.

Casa Holdings Accounts Receivable Chart

Casa Holdings Annual Data
Trend Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.52 2.60 2.84 3.17 2.97

Casa Holdings Semi-Annual Data
Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24
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 2.84 4.69 3.17 3.40 2.97

Casa Holdings Accounts Receivable Calculation

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


Casa 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.

Casa Holdings's Days Sales Outstanding for the quarter that ended in Sep. 2024 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=2.966/10.46*91
=51.75

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

Casa Holdings's Net-Net Working Capital Per Share for the quarter that ended in Sep. 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)
=(30.505+0.75 * 2.966+0.5 * 7.724-36.782
-0--1.635)/209.826
=0.01

* 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.


Casa Holdings Accounts Receivable Related Terms

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Casa Holdings Business Description

Traded in Other Exchanges
N/A
Address
15 Kian Teck Crescent, Singapore, SGP, 628884
Casa Holdings Ltd is an investment holding company based in Singapore. The company manages through two segments: Trading of home appliances and Property development. It generates maximum revenue from the Trading segment. The Trading segment includes trading of electrical and electronic home appliances, kitchen and bathroom fixtures and accessories. Geographically, it derives a majority of revenue from Singapore.

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