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Qian Hu (SGX:BCV) Change In Receivables : S$-0.24 Mil (TTM As of Jun. 2024)


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What is Qian Hu Change In Receivables?

Qian Hu's change in receivables for the quarter that ended in Jun. 2024 was S$-1.09 Mil. It means Qian Hu's Accounts Receivable increased by S$1.09 Mil from Dec. 2023 to Jun. 2024 .

Qian Hu's change in receivables for the fiscal year that ended in Dec. 2023 was S$-0.77 Mil. It means Qian Hu's Accounts Receivable increased by S$0.77 Mil from Dec. 2022 to Dec. 2023 .

Qian Hu's Accounts Receivable for the quarter that ended in Jun. 2024 was S$11.16 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. Qian Hu's Days Sales Outstanding for the six months ended in Jun. 2024 was 57.93.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Qian Hu's liquidation value for the six months ended in Jun. 2024 was S$14.19 Mil.


Qian Hu Change In Receivables Historical Data

The historical data trend for Qian Hu'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.

* Premium members only.

Qian Hu Change In Receivables Chart

Qian Hu Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Change In Receivables
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.26 2.68 1.79 0.10 -0.77

Qian Hu Semi-Annual Data
Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
Change In Receivables 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 -1.12 1.22 -1.62 0.85 -1.09

Qian Hu 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. 2024 adds up the semi-annually data reported by the company within the most recent 12 months, which was S$-0.24 Mil.

* 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.


Qian Hu  (SGX:BCV) 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.

Qian Hu's Days Sales Outstanding for the quarter that ended in Jun. 2024 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=11.157/35.151*91
=57.93

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

Qian Hu's liquidation value for the quarter that ended in Jun. 2024 is calculated as:

Liquidation Value
=Cash, Cash Equivalents, Marketable Securities-Total Liabilities+(0.75 * Accounts Receivable)+(0.5 * Total Inventories)
=15.732-15.829+0.75 * 11.157+0.5 * 11.848
=14.19

* 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.


Qian Hu Change In Receivables Related Terms

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Qian Hu Business Description

Traded in Other Exchanges
N/A
Address
No. 71 Jalan Lekar, Sungei Tengah, Singapore, SGP, 698950
Qian Hu Corp Ltd is an integrated ornamental fish service provider in Singapore. Its operating segments are Fish, Accessories, Plastics, and others. The company generates maximum revenue from the Accessories segment. Its Accessories segment includes the manufacturing and distribution of aquarium and pet accessories. The Fish segment includes fish farming, breeding, distribution, and trading of ornamental and edible fish/seafood. Its Plastics segment includes the manufacturing and distribution of plastic bags.

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