The Hour Glass (SGX:AGS) Change In Receivables : S$-7 Mil (TTM As of Sep. 2024)

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What is The Hour Glass Change In Receivables?

The Hour Glass's change in receivables for the quarter that ended in Sep. 2024 was S$-3 Mil. It means The Hour Glass's Accounts Receivable increased by S$3 Mil from Mar. 2024 to Sep. 2024 .

The Hour Glass's change in receivables for the fiscal year that ended in Mar. 2024 was S$-14 Mil. It means The Hour Glass's Accounts Receivable increased by S$14 Mil from Mar. 2023 to Mar. 2024 .

The Hour Glass's Accounts Receivable for the quarter that ended in Sep. 2024 was S$41 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. The Hour Glass's Days Sales Outstanding for the six months ended in Sep. 2024 was 13.69.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. The Hour Glass's liquidation value for the six months ended in Sep. 2024 was S$145 Mil.

The Hour Glass Change In Receivables Historical Data

The historical data trend for The Hour Glass'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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The Hour Glass Change In Receivables Chart

The Hour Glass Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Change In Receivables

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0.11

7.41

-3.49

-1.07

-14.16

The Hour Glass Semi-Annual Data
	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23	Mar24	Sep24
Change In Receivables	Get a 7-Day Free Trial															-2.14	1.08	-10.32	-3.84	-3.06

The Hour Glass 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 Sep. 2024 adds up the semi-annually data reported by the company within the most recent 12 months, which was S$-7 Mil.

The Hour Glass (SGX:AGS) 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.

The Hour Glass's Days Sales Outstanding for the quarter that ended in Sep. 2024 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	40.542	/	540.311	*	91
=	13.69

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

The Hour Glass's liquidation value for the quarter that ended in Sep. 2024 is calculated as:

	Liquidation Value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	207.028	-	259.959	+	0.75 * 40.542	+	0.5 * 334.411
=	145

The Hour Glass Change In Receivables Related Terms

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The Hour Glass Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » The Hour Glass Ltd (SGX:AGS) » Definitions » Change In Receivables

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Address

302 Orchard Road, No. 11-01 Tong Building, Singapore, SGP, 238862

Website

https://www.thehourglass.com

The Hour Glass Ltd is a Singapore-based investment holding company. The company is engaged in the retailing and distribution of watches, jewellery and other luxury products, which is also their reportable segment. It also invests in properties. The company's geographical segments include South East Asia and Oceania; and North East Asia. It generates maximum revenue from South East Asia and Oceania segment. Some of its brands include A. Lange & Sohne, Blancpain, Cartier, Hublot, Rolex, and others.