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Ossia International (SGX:O08) Accounts Receivable : S$2.99 Mil (As of Sep. 2024)


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What is Ossia International Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Ossia International's accounts receivables for the quarter that ended in Sep. 2024 was S$2.99 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Ossia International's Days Sales Outstanding for the quarter that ended in Sep. 2024 was 47.18.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Ossia International's Net-Net Working Capital per share for the quarter that ended in Sep. 2024 was S$0.04.


Ossia International Accounts Receivable Historical Data

The historical data trend for Ossia International'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.

Ossia International Accounts Receivable Chart

Ossia International Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.48 3.25 3.83 3.75 4.15

Ossia International Semi-Annual Data
Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24
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 3.34 3.75 3.14 4.15 2.99

Ossia International Accounts Receivable Calculation

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


Ossia International 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.

Ossia International's Days Sales Outstanding for the quarter that ended in Sep. 2024 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=2.989/11.561*91
=47.18

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

Ossia International's Net-Net Working Capital Per Share for the quarter that ended in Sep. 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)
=(11.25+0.75 * 2.989+0.5 * 16.46-10.831
-0-0)/252.629
=0.04

* 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.


Ossia International Accounts Receivable Related Terms

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Ossia International Business Description

Traded in Other Exchanges
N/A
Address
51 Changi Business Park Central 2, No. 08-13, The Signature, Singapore, SGP, 486066
Ossia International Ltd is an investment holding company. The company mainly engaged in imports and distributes apparel, sporting goods, footwear, and accessories. Geographically, the company derives a majority of its revenue from Taiwan and also has a presence in Singapore and Malaysia.

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