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Manufacturing Integration Technology (SGX:M11) Accounts Receivable : S$1.64 Mil (As of Dec. 2024)


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What is Manufacturing Integration Technology Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Manufacturing Integration Technology's accounts receivables for the quarter that ended in Dec. 2024 was S$1.64 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Manufacturing Integration Technology's Days Sales Outstanding for the quarter that ended in Dec. 2024 was 76.61.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Manufacturing Integration Technology's Net-Net Working Capital per share for the quarter that ended in Dec. 2024 was S$-0.01.


Manufacturing Integration Technology Accounts Receivable Historical Data

The historical data trend for Manufacturing Integration Technology'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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Manufacturing Integration Technology Accounts Receivable Chart

Manufacturing Integration Technology Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.56 2.07 1.44 1.77 1.64

Manufacturing Integration Technology Semi-Annual Data
Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24
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 1.44 1.50 1.77 1.43 1.64

Manufacturing Integration Technology Accounts Receivable Calculation

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


Manufacturing Integration Technology 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.

Manufacturing Integration Technology's Days Sales Outstanding for the quarter that ended in Dec. 2024 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=1.635/3.895*91
=76.61

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

Manufacturing Integration Technology's Net-Net Working Capital Per Share for the quarter that ended in Dec. 2024 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)
=(0.8+0.75 * 1.635+0.5 * 1.702-5.959
-0-0)/241.112
=-0.01

* 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.


Manufacturing Integration Technology Accounts Receivable Related Terms

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Manufacturing Integration Technology Business Description

Traded in Other Exchanges
N/A
Address
Ang Mo Kio Avenue 5, Block 5004, No. 03-12, Techplace II, Singapore, SGP, 569872
Manufacturing Integration Technology Ltd operates as an integrated automation solution provider for the semiconductor and solar industries. The firm operates in the built-to-print segment and is mainly engaged in contract equipment manufacturing activities. The customized automation segment is engaged in designing, developing, and manufacturing automated equipment. Majority of the revenue is generated from the built-to-print segment. Geographically, its business presence is seen across the region of China, Singapore, Europe, the USA, and Asia excluding China and Singapore.

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