GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » OTS Holdings Ltd (SGX:OTS) » Definitions » Accounts Receivable

OTS Holdings (SGX:OTS) Accounts Receivable : S$6.15 Mil (As of Dec. 2023)


View and export this data going back to 2021. Start your Free Trial

What is OTS Holdings Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. OTS Holdings's accounts receivables for the quarter that ended in Dec. 2023 was S$6.15 Mil.

Accounts receivable can be measured by Days Sales Outstanding. OTS Holdings's Days Sales Outstanding for the quarter that ended in Dec. 2023 was 71.37.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. OTS Holdings's Net-Net Working Capital per share for the quarter that ended in Dec. 2023 was S$0.03.


OTS Holdings Accounts Receivable Historical Data

The historical data trend for OTS 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.

* Premium members only.

OTS Holdings Accounts Receivable Chart

OTS Holdings Annual Data
Trend Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Accounts Receivable
Get a 7-Day Free Trial 4.06 5.83 5.98 5.13 4.60

OTS Holdings Semi-Annual Data
Jun18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Accounts Receivable Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only 6.70 5.13 7.42 4.60 6.15

OTS Holdings Accounts Receivable Calculation

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


OTS 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.

OTS Holdings's Days Sales Outstanding for the quarter that ended in Dec. 2023 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=6.154/15.736*91
=71.37

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

OTS Holdings's Net-Net Working Capital Per Share for the quarter that ended in Dec. 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)
=(7.749+0.75 * 6.154+0.5 * 7.217-8.564
-0-0)/214
=0.03

* 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.


OTS Holdings Accounts Receivable Related Terms

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


OTS Holdings (SGX:OTS) Business Description

Traded in Other Exchanges
N/A
Address
30 Senoko South Road, Singapore, SGP, 758088
OTS Holdings Ltd is a brand builder and food manufacturing group in the consumer industry. It provides ready-to-eat and ready-to-cook meat products through its brands such as Anew, Golden Bridge, Kelly's, Golden Lion and others, with key markets in Singapore and Malaysia. The company has four operating segments that are Modern Trade, General Trade and Food Services and Others.

OTS Holdings (SGX:OTS) Headlines

No Headlines