Advanced Systems Automation (SGX:WJ9) Change In Receivables : S$0.74 Mil (TTM As of Jun. 2023)

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What is Advanced Systems Automation Change In Receivables?

Advanced Systems Automation's change in receivables for the quarter that ended in Jun. 2023 was S$-0.53 Mil. It means Advanced Systems Automation's Accounts Receivable increased by S$0.53 Mil from Dec. 2022 to Jun. 2023 .

Advanced Systems Automation's change in receivables for the fiscal year that ended in Dec. 2022 was S$2.22 Mil. It means Advanced Systems Automation's Accounts Receivable declined by S$2.22 Mil from Dec. 2021 to Dec. 2022 .

Advanced Systems Automation's Accounts Receivable for the quarter that ended in Jun. 2023 was S$2.47 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. Advanced Systems Automation's Days Sales Outstanding for the six months ended in Jun. 2023 was 77.29.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Advanced Systems Automation's liquidation value for the six months ended in Jun. 2023 was S$-14.61 Mil.

Advanced Systems Automation Change In Receivables Historical Data

The historical data trend for Advanced Systems Automation'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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Advanced Systems Automation Change In Receivables Chart

Advanced Systems Automation Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Change In Receivables

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1.78

-0.57

-0.68

-1.46

2.22

Advanced Systems Automation Semi-Annual Data
	Dec13	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23
Change In Receivables	Get a 7-Day Free Trial															-1.10	-0.36	0.95	1.27	-0.53

Advanced Systems Automation 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$0.74 Mil.

Advanced Systems Automation (SGX:WJ9) 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.

Advanced Systems Automation's Days Sales Outstanding for the quarter that ended in Jun. 2023 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	2.467	/	5.825	*	91
=	77.29

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

Advanced Systems Automation'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)
=	3.557	-	20.445	+	0.75 * 2.467	+	0.5 * 0.856
=	-14.61

Advanced Systems Automation Change In Receivables Related Terms

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Advanced Systems Automation (SGX:WJ9) Business Description

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GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » Advanced Systems Automation Ltd (SGX:WJ9) » Definitions » Change In Receivables

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Address

33 Ubi Avenue 3, No. 08-69 Vertex, Singapore, SGP, 408868

Website

https://www.asa.com.sg

Advanced Systems Automation Ltd is engaged in manufacturing automated equipment for the encapsulation of semiconductors. It operates through the segment of Equipment Contract Manufacturing Services through which it generates its revenues. Its products and services cover UV Tape curing technologies, Encapsulation, Wafer processing, Strip mounting, and Detaping.

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