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TRJNF (Trajan Group Holdings) Accounts Receivable : $13.0 Mil (As of Dec. 2024)


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What is Trajan Group Holdings Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Trajan Group Holdings's accounts receivables for the quarter that ended in Dec. 2024 was $13.0 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Trajan Group Holdings's Days Sales Outstanding for the quarter that ended in Dec. 2024 was 46.08.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Trajan Group Holdings's Net-Net Working Capital per share for the quarter that ended in Dec. 2024 was $-0.22.

Trajan Group Holdings Accounts Receivable Historical Data

The historical data trend for Trajan Group 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.

Trajan Group Holdings Accounts Receivable Chart

Trajan Group Holdings Annual Data
Trend Jun21 Jun22 Jun23 Jun24
Accounts Receivable
7.90 14.24 15.79 13.48

Trajan Group Holdings Semi-Annual Data
Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24
Accounts Receivable Get a 7-Day Free Trial Premium Member Only 13.26 15.79 13.14 13.48 12.95

Trajan Group Holdings Accounts Receivable Calculation

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

Trajan Group 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.

Trajan Group Holdings's Days Sales Outstanding for the quarter that ended in Dec. 2024 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=12.953/51.301*91
=46.08

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

Trajan Group Holdings'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)
=(6.612+0.75 * 12.953+0.5 * 19.423-59.123
-0-0)/152.349
=-0.22

* 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.

Trajan Group Holdings Accounts Receivable Related Terms

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Trajan Group Holdings Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Devices & Instruments » Trajan Group Holdings Ltd (OTCPK:TRJNF) » Definitions » Accounts Receivable
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Traded in Other Exchanges
TRJ:Australia
Address
7 Argent Place, Ringwood, VIC, AUS, 3134
Website
https://www.trajanscimed.com
Trajan Group Holdings Ltd is a developer and manufacturer of analytical and life sciences products and devices, seeking to enrich human well-being through scientific measurement. Its current portfolio of products comprises products, devices and solutions that are used in the analysis of biological, food, and environmental sample. The Group now reports in three operating segments: Components and Consumables, Capital Equipment and Disruptive Technologies. Key revenue is generated from Components and Consumables that includes parts, supplies, components and consumable products across the world. The Group operates in Asia (Malaysia, Japan and Australia and New Zealand (ANZ)), USA and Europe, Middle East, Africa, and India (EMEA).