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Hong Lai Huat Group (SGX:CTO) Change In Receivables : S$0.27 Mil (TTM As of Jun. 2024)


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What is Hong Lai Huat Group Change In Receivables?

Hong Lai Huat Group's change in receivables for the quarter that ended in Jun. 2024 was S$0.17 Mil. It means Hong Lai Huat Group's Accounts Receivable declined by S$0.17 Mil from Dec. 2023 to Jun. 2024 .

Hong Lai Huat Group's change in receivables for the fiscal year that ended in Dec. 2023 was S$0.11 Mil. It means Hong Lai Huat Group's Accounts Receivable declined by S$0.11 Mil from Dec. 2022 to Dec. 2023 .

Hong Lai Huat Group's Accounts Receivable for the quarter that ended in Jun. 2024 was S$0.17 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. Hong Lai Huat Group's Days Sales Outstanding for the six months ended in Jun. 2024 was 153.59.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Hong Lai Huat Group's liquidation value for the six months ended in Jun. 2024 was S$1.66 Mil.


Hong Lai Huat Group Change In Receivables Historical Data

The historical data trend for Hong Lai Huat Group'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.

Hong Lai Huat Group Change In Receivables Chart

Hong Lai Huat Group 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 -13.90 9.69 4.21 4.05 0.11

Hong Lai Huat Group 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 3.75 0.30 0.01 0.10 0.17

Hong Lai Huat Group 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$0.27 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.


Hong Lai Huat Group  (SGX:CTO) 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.

Hong Lai Huat Group's Days Sales Outstanding for the quarter that ended in Jun. 2024 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=0.17/0.202*91
=153.59

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

Hong Lai Huat Group'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)
=5.836-27.417+0.75 * 0.17+0.5 * 46.234
=1.66

* 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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Hong Lai Huat Group Business Description

Traded in Other Exchanges
N/A
Address
10 Bukit Batok Crescent, No 13-05, The Spire Building, Singapore, SGP, 658079
Hong Lai Huat Group Ltd is engaged in the agricultural development, cultivation, branding, and merchandising, distribution of cassava. The company is also engaged in the development of commercial and residential properties. The reportable segments of the company are the Agriculture division, Property Development and Real estate division, and Others. The agriculture division carries on the business of agricultural development, cultivation, branding, merchandising, and distribution of cassava. The property development and real estate division, are carrying on the business of investment and prime development of commercial and residential properties. The company earns the majority of its revenue from the agriculture division.