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Hatten Land (SGX:PH0) Accounts Receivable : S$38.93 Mil (As of Mar. 2024)


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What is Hatten Land Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Hatten Land's accounts receivables for the quarter that ended in Mar. 2024 was S$38.93 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Hatten Land's Days Sales Outstanding for the quarter that ended in Mar. 2024 was 1,223.36.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Hatten Land's Net-Net Working Capital per share for the quarter that ended in Mar. 2024 was S$-0.10.


Hatten Land Accounts Receivable Historical Data

The historical data trend for Hatten Land'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.

Hatten Land Accounts Receivable Chart

Hatten Land Annual Data
Trend Dec12 Mar15 Mar16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 132.43 75.14 57.76 17.71 43.09

Hatten Land Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 46.31 43.09 41.64 41.76 38.93

Hatten Land Accounts Receivable Calculation

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


Hatten Land 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.

Hatten Land's Days Sales Outstanding for the quarter that ended in Mar. 2024 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=38.933/2.904*91
=1,223.36

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

Hatten Land's Net-Net Working Capital Per Share for the quarter that ended in Mar. 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)
=(0.507+0.75 * 38.933+0.5 * 176.341-309.685
-0-0.061)/1857.12
=-0.10

* 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.


Hatten Land Accounts Receivable Related Terms

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Hatten Land (SGX:PH0) Business Description

Traded in Other Exchanges
N/A
Address
Jalan Melaka Raya 23, L4-155 and 156, ElementX Mall at Hatten City, Taman Melaka, Melaka, MYS
Hatten Land Ltd is a property developer in Malaysia specializing in integrated residential, hotel and commercial developments. Along with its subsidiaries, the company is also involved in the business of the provision of space, power capacity, connectivity, setup and installation, utilities and technical support for external customers engaged in crypto mining activities. Hatten Land's development portfolio comprises integrated mixed-use development projects and retail malls in Melaka, Malaysia. The company's entire operations constitute a single segment which is in the business of property development in Malaysia.

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