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Salt Investments (SGX:FQ7) Accounts Receivable : S$2.20 Mil (As of Dec. 2024)


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What is Salt Investments Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Salt Investments's accounts receivables for the quarter that ended in Dec. 2024 was S$2.20 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Salt Investments's Days Sales Outstanding for the quarter that ended in Dec. 2024 was 202.46.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Salt Investments's Net-Net Working Capital per share for the quarter that ended in Dec. 2024 was S$0.00.


Salt Investments Accounts Receivable Historical Data

The historical data trend for Salt Investments'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.

Salt Investments Accounts Receivable Chart

Salt Investments Annual Data
Trend Mar13 Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - 0.02 - -

Salt Investments Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Jun23 Sep23 Dec23 Jun24 Sep24 Dec24
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 - - - - 2.20

Salt Investments Accounts Receivable Calculation

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


Salt Investments 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.

Salt Investments's Days Sales Outstanding for the quarter that ended in Dec. 2024 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=2.201/0.992*91
=202.46

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

Salt Investments's Net-Net Working Capital Per Share for the quarter that ended in Dec. 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)
=(9.591+0.75 * 2.201+0.5 * 0-4.8
-0-0.887)/21139.623
=0.00

* 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.


Salt Investments Accounts Receivable Related Terms

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Salt Investments Business Description

Traded in Other Exchanges
N/A
Address
1 Kallang Junction, No. 06-01 Vanguard Campus, Singapore, SGP, 339263
Salt Investments Ltd formerly, Jasper Investments Ltd is engaged in the provision of transportation services construction and earthwork sectors. It covers all aspects of chartering and operating a variety of vessels and transportation equipment. It also owns and operates oil rigs for deep-sea drilling which are contracted out to oil and gas exploration and production companies. The company's operating segment includes the Offshore segment; which is engaged in the provision of management services, management of vessels and barge transportation services, and the Corporate segment, which includes Investment holding, management, and other corporate assets. Geographically, it has operations in the whole of Asia.

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