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Abterra (SGX:L5I) Accounts Receivable : S$0.08 Mil (As of Jun. 2021)


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What is Abterra Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Abterra's accounts receivables for the quarter that ended in Jun. 2021 was S$0.08 Mil.

Accounts receivable can be measured by Days Sales Outstanding.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Abterra's Net-Net Working Capital per share for the quarter that ended in Jun. 2021 was S$-0.02.


Abterra Accounts Receivable Historical Data

The historical data trend for Abterra'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.

Abterra Accounts Receivable Chart

Abterra Annual Data
Trend Jun08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.46 0.11 0.10 0.10 11.33

Abterra Quarterly Data
Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Mar19 Jun19 Sep19 Mar20 Jun20 Sep20 Mar21 Jun21
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 10.44 10.08 8.03 0.08 0.08

Abterra Accounts Receivable Calculation

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


Abterra 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.

Abterra's Days Sales Outstanding for the quarter that ended in Jun. 2021 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=0.079/0*91
=

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

Abterra's Net-Net Working Capital Per Share for the quarter that ended in Jun. 2021 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)
=(0.149+0.75 * 0.079+0.5 * 0-10.014
-0--4.6)/292.828
=-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.


Abterra Accounts Receivable Related Terms

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Abterra (SGX:L5I) Business Description

Traded in Other Exchanges
N/A
Address
7 Temasek Boulevard, No. 11-06, Suntec Tower 1, Singapore, SGP, 038987
Abterra Ltd is a supply chain manager in the natural resources business. It has organized its business into two main divisions namely Iron Ore Trading and Coke and Coal Trading. The company principally trades in iron ore, coking coal, and coke. It has further diversified its business into property investment, property holding and property development. It operates in five geographical areas: Singapore, China, Macau, Indonesia and Australia.

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