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Hotel Grand Central (SGX:H18) Accounts Receivable : S$4.9 Mil (As of Dec. 2023)


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What is Hotel Grand Central Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Hotel Grand Central's accounts receivables for the quarter that ended in Dec. 2023 was S$4.9 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Hotel Grand Central's Days Sales Outstanding for the quarter that ended in Dec. 2023 was 11.65.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Hotel Grand Central's Net-Net Working Capital per share for the quarter that ended in Dec. 2023 was S$0.10.


Hotel Grand Central Accounts Receivable Historical Data

The historical data trend for Hotel Grand Central'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.

Hotel Grand Central Accounts Receivable Chart

Hotel Grand Central Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.33 6.76 9.63 4.11 4.87

Hotel Grand Central Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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 9.63 8.67 4.11 5.32 4.87

Hotel Grand Central Accounts Receivable Calculation

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


Hotel Grand Central 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.

Hotel Grand Central's Days Sales Outstanding for the quarter that ended in Dec. 2023 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=4.866/76.239*91
=11.65

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

Hotel Grand Central'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)
=(302.221+0.75 * 4.866+0.5 * 0.863-230.498
-0-0)/739.426
=0.10

* 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.


Hotel Grand Central Accounts Receivable Related Terms

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Hotel Grand Central (SGX:H18) Business Description

Traded in Other Exchanges
N/A
Address
22 Cavenagh Road, Singapore, SGP, 229617
Hotel Grand Central Ltd is a Singapore-based company that owns and operates hotels and properties. It runs its business under the brand name Grand Hotels International and Hotel Grand Chancellor across Australia and New Zealand. It operates its business in five geographic segments, namely Singapore, Malaysia, Australia, New Zealand, and China. The company earns the majority of its revenue from Australia. The Group's products and services include hotel Operations & Commercial property investments, the majority is derived from Hotel operations.

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