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Chemical Industries (Far East) (SGX:C05) Change In Receivables : S$-2.61 Mil (TTM As of Sep. 2023)


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What is Chemical Industries (Far East) Change In Receivables?

Chemical Industries (Far East)'s change in receivables for the quarter that ended in Sep. 2023 was S$0.64 Mil. It means Chemical Industries (Far East)'s Accounts Receivable declined by S$0.64 Mil from Mar. 2023 to Sep. 2023 .

Chemical Industries (Far East)'s change in receivables for the fiscal year that ended in Mar. 2023 was S$-3.52 Mil. It means Chemical Industries (Far East)'s Accounts Receivable increased by S$3.52 Mil from Mar. 2022 to Mar. 2023 .

Chemical Industries (Far East)'s Accounts Receivable for the quarter that ended in Sep. 2023 was S$17.98 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. Chemical Industries (Far East)'s Days Sales Outstanding for the six months ended in Sep. 2023 was 85.42.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Chemical Industries (Far East)'s liquidation value for the six months ended in Sep. 2023 was S$28.47 Mil.


Chemical Industries (Far East) Change In Receivables Historical Data

The historical data trend for Chemical Industries (Far East)'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.

Chemical Industries (Far East) Change In Receivables Chart

Chemical Industries (Far East) Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Change In Receivables
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.20 -0.72 -1.74 -5.47 -3.52

Chemical Industries (Far East) Semi-Annual Data
Mar14 Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23
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 1.53 -7.00 -0.27 -3.25 0.64

Chemical Industries (Far East) 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. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was S$-2.61 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.


Chemical Industries (Far East)  (SGX:C05) 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.

Chemical Industries (Far East)'s Days Sales Outstanding for the quarter that ended in Sep. 2023 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=17.983/38.422*91
=85.42

2. In Ben Graham's calculation of liquidation value, Chemical Industries (Far East)'s accounts receivable are only considered to be worth 75% of book value:

Chemical Industries (Far East)'s liquidation value for the quarter that ended in Sep. 2023 is calculated as:

Liquidation Value
=Cash, Cash Equivalents, Marketable Securities-Total Liabilities+(0.75 * Accounts Receivable)+(0.5 * Total Inventories)
=20.362-9.484+0.75 * 17.983+0.5 * 8.217
=28.47

* 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.


Chemical Industries (Far East) Change In Receivables Related Terms

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Chemical Industries (Far East) (SGX:C05) Business Description

Traded in Other Exchanges
N/A
Address
3 Jalan Samulun, Singapore, SGP, 629127
Chemical Industries (Far East) Ltd is engaged as the sole manufacturer of Chemical products in Singapore. The company operates through two segments Industrial Chemicals and Properties. It generates maximum revenue from the Industrial Chemicals segment. Geographically, it derives a majority of its revenue from Singapore. Its product portfolio consists of Chlorine, Caustic Soda, Sodium HypoChlorite, and Hydrochloric Acid.

Chemical Industries (Far East) (SGX:C05) Headlines

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