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Raffles Infrastructure Holdings (SGX:LUY) Accounts Receivable : S$4.92 Mil (As of Jun. 2023)


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What is Raffles Infrastructure Holdings Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Raffles Infrastructure Holdings's accounts receivables for the quarter that ended in Jun. 2023 was S$4.92 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Raffles Infrastructure Holdings's Days Sales Outstanding for the quarter that ended in Jun. 2023 was 1,537.19.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Raffles Infrastructure Holdings's Net-Net Working Capital per share for the quarter that ended in Jun. 2023 was S$-0.26.


Raffles Infrastructure Holdings Accounts Receivable Historical Data

The historical data trend for Raffles Infrastructure 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.

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Raffles Infrastructure Holdings Accounts Receivable Chart

Raffles Infrastructure Holdings Annual Data
Trend Dec11 Dec12 Dec13 Dec14 Dec16 Dec17 Jun19 Jun20 Jun21 Jun22
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.33 4.95 10.04 9.93 13.15

Raffles Infrastructure Holdings Quarterly Data
Jun18 Sep18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23
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 13.15 12.38 10.92 9.00 4.92

Raffles Infrastructure Holdings Accounts Receivable Calculation

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


Raffles Infrastructure 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.

Raffles Infrastructure Holdings's Days Sales Outstanding for the quarter that ended in Jun. 2023 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=4.919/0.292*91
=1,537.19

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

Raffles Infrastructure Holdings'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)
=(15.436+0.75 * 4.919+0.5 * 0-32.816
-0-4.216)/67.952
=-0.26

* 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.


Raffles Infrastructure Holdings Accounts Receivable Related Terms

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Raffles Infrastructure Holdings Business Description

Traded in Other Exchanges
N/A
Address
Xingwen County, Yibin, Sichuan, CHN
Raffles Infrastructure Holdings Ltd is an investment holding company. The company's operating segment includes Infrastructure Business and Digital Infrastructure Business. It generates maximum revenue from the Infrastructure Business segment. Geographically, it derives a majority of revenue from China.

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