Lms Compliance (SGX:LMS) Accounts Receivable : S$0.88 Mil (As of Jun. 2023)

View and export this data going back to 2022. Start your Free Trial

What is Lms Compliance Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Lms Compliance's accounts receivables for the quarter that ended in Jun. 2023 was S$0.88 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. Lms Compliance's Net-Net Working Capital per share for the quarter that ended in Jun. 2023 was S$0.06.

Lms Compliance Accounts Receivable Historical Data

The historical data trend for Lms Compliance'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.

Lms Compliance Accounts Receivable Chart

Lms Compliance Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Accounts Receivable

0.84

0.83

0.86

0.89

Lms Compliance Quarterly Data
	Dec19	Dec20	Mar21	Dec21	Mar22	Jun22	Dec22	Jun23
Accounts Receivable	Get a 7-Day Free Trial			0.86	0.93	-	0.89	0.88

Lms Compliance Accounts Receivable Calculation

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

Lms Compliance 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.

Lms Compliance's Days Sales Outstanding for the quarter that ended in Jun. 2023 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	0.883	/	0	*	91
=

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

Lms Compliance's Net-Net Working Capital Per Share for the quarter that ended in Jun. 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)
=	(6.385	+	0.75 * 0.883	+	0.5 * 0	-	1.572
-	0	-	0)	/	87.435
=	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.

Lms Compliance Accounts Receivable Related Terms

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

Lms Compliance (SGX:LMS) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Lms Compliance Ltd (SGX:LMS) » Definitions » Accounts Receivable

Comparable Companies

Traded in Other Exchanges

N/A

Address

16, Lengkok Kikik 1, Taman Inderawasih, Perai, PNG, MYS, 13600

Website

https://lmscompliance.com

Lms Compliance Ltd offers quality testing and certification services for customers across a gamut of industries, ranging from food and healthcare to industrial and Greentech. In general, the company's business segments are organized into the following divisions namely provision of testing and assessment services; provision of certification services; trading business segment; and distribution of conformity assessment technology.

Lms Compliance (SGX:LMS) Headlines

No Headlines