Singapore Paincare Holdings (SGX:FRQ) Accounts Receivable : S$3.04 Mil (As of Dec. 2023)

View and export this data going back to 2020. Start your Free Trial

What is Singapore Paincare Holdings Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Singapore Paincare Holdings's accounts receivables for the quarter that ended in Dec. 2023 was S$3.04 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Singapore Paincare Holdings's Days Sales Outstanding for the quarter that ended in Dec. 2023 was 41.47.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Singapore Paincare Holdings's Net-Net Working Capital per share for the quarter that ended in Dec. 2023 was S$-0.06.

Singapore Paincare Holdings Accounts Receivable Historical Data

The historical data trend for Singapore Paincare 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.

Singapore Paincare Holdings Accounts Receivable Chart

Singapore Paincare Holdings Annual Data

Trend

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Accounts Receivable

Get a 7-Day Free Trial

0.42

0.79

1.19

1.80

2.18

Singapore Paincare Holdings Semi-Annual Data
	Jun17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Accounts Receivable	Get a 7-Day Free Trial								1.43	1.80	2.27	2.18	3.04

Singapore Paincare Holdings Accounts Receivable Calculation

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

Singapore Paincare 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.

Singapore Paincare Holdings's Days Sales Outstanding for the quarter that ended in Dec. 2023 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	3.036	/	13.36	*	91
=	41.47

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

Singapore Paincare Holdings's Net-Net Working Capital Per Share for the quarter that ended in Dec. 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)
=	(5.325	+	0.75 * 3.036	+	0.5 * 1.627	-	17.804
-	0	-	0.244)	/	171.007
=	-0.06

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.

Singapore Paincare Holdings Accounts Receivable Related Terms

Thank you for viewing the detailed overview of Singapore Paincare Holdings's Accounts Receivable provided by GuruFocus.com. Please click on the following links to see related term pages.

Singapore Paincare Holdings (SGX:FRQ) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » Singapore Paincare Holdings Ltd (SGX:FRQ) » Definitions » Accounts Receivable

Comparable Companies

Traded in Other Exchanges

N/A

Address

601 Macpherson Road, No. 06-20/21 Grantral Mall, Singapore, SGP, 368242

Website

https://www.sgpaincareholdings.com

Singapore Paincare Holdings Ltd is a medical services group engaged in pain care services, and primary care and other services. It offers Pain care services focused on the treatment of patients suffering from chronic pain. Its pain care services include, among others, minimally invasive procedures, cancer pain treatment, specialised injections, pharmacotherapy, and cognitive behavioural therapy. Its Primary care and other services provide general medical consultations, management of chronic and acute conditions, and dermatology services. Through its associated company, it also provides health screening services. The company derives its revenue from Singapore.

Singapore Paincare Holdings (SGX:FRQ) Headlines

No Headlines