Mooreast Holdings (SGX:1V3) Change In Receivables : S$-7.03 Mil (TTM As of Jun. 2023)

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What is Mooreast Holdings Change In Receivables?

Mooreast Holdings's change in receivables for the quarter that ended in Jun. 2023 was S$-4.84 Mil. It means Mooreast Holdings's Accounts Receivable increased by S$4.84 Mil from Dec. 2022 to Jun. 2023 .

Mooreast Holdings's change in receivables for the fiscal year that ended in Dec. 2022 was S$-2.31 Mil. It means Mooreast Holdings's Accounts Receivable increased by S$2.31 Mil from Dec. 2021 to Dec. 2022 .

Mooreast Holdings's Accounts Receivable for the quarter that ended in Jun. 2023 was S$11.22 Mil.

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 Receivable are being managed. Mooreast Holdings's Days Sales Outstanding for the six months ended in Jun. 2023 was 141.95.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Mooreast Holdings's liquidation value for the six months ended in Jun. 2023 was S$-22.15 Mil.

Mooreast Holdings Change In Receivables Historical Data

The historical data trend for Mooreast Holdings's Change In Receivables 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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Mooreast Holdings Change In Receivables Chart

Mooreast Holdings Annual Data

Trend

Dec20

Dec21

Dec22

Change In Receivables

-3.67

5.65

-2.31

Mooreast Holdings Semi-Annual Data
	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23
Change In Receivables	Get a 7-Day Free Trial			2.11	3.55	-0.11	-2.20	-4.84

Mooreast Holdings Change In Receivables Calculation

Change In Accounts Receivable relative to the previous period. It is any increase or decrease in the cash a company is owed by its customers.

Change In Receivables for the trailing twelve months (TTM) ended in Jun. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was S$-7.03 Mil.

Mooreast Holdings (SGX:1V3) Change In Receivables 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 Receivable are being managed.

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

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	11.215	/	14.419	*	91
=	141.95

2. In Ben Graham's calculation of liquidation value, Mooreast Holdings's accounts receivable are only considered to be worth 75% of book value:

Mooreast Holdings's liquidation value for the quarter that ended in Jun. 2023 is calculated as:

	Liquidation Value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	19.024	-	53.656	+	0.75 * 11.215	+	0.5 * 8.151
=	-22.15

Mooreast Holdings Change In Receivables Related Terms

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Mooreast Holdings (SGX:1V3) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Aerospace & Defense » Mooreast Holdings Ltd (SGX:1V3) » Definitions » Change In Receivables

Comparable Companies

Traded in Other Exchanges

N/A

Address

51 Shipyard Road, Mooreast Offshore Base, Singapore, SGP, 628139

Website

https://www.mooreast.com

Mooreast Holdings Ltd is a total mooring solutions specialist, serving the offshore oil and gas, marine and offshore renewable energy industries. With strong in-house capabilities in design, engineering and fabrication, the company offers a full range of mooring solutions including the design, engineering, fabrication, supply, mobilisation and logistics, installation and commissioning services for mooring systems and mooring system components as well as the provision of rigging and heavy lifting equipment.

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