Raffles Education (SGX:NR7) Change In Receivables : S$0.0 Mil (TTM As of Dec. 2023)

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What is Raffles Education Change In Receivables?

Raffles Education's change in receivables for the quarter that ended in Dec. 2023 was S$0.0 Mil. It means Raffles Education's Accounts Receivable stayed the same from Jun. 2023 to Dec. 2023 .

Raffles Education's change in receivables for the fiscal year that ended in Jun. 2023 was S$5.5 Mil. It means Raffles Education's Accounts Receivable declined by S$5.5 Mil from Jun. 2022 to Jun. 2023 .

Raffles Education's Accounts Receivable for the quarter that ended in Dec. 2023 was S$3.5 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.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Raffles Education's liquidation value for the three months ended in Dec. 2023 was S$-383.6 Mil.

Raffles Education Change In Receivables Historical Data

The historical data trend for Raffles Education'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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Raffles Education Change In Receivables Chart

Raffles Education Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Change In Receivables

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6.53

-2.56

-2.28

5.07

5.49

Raffles Education Quarterly Data
	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Dec22	Jun23	Dec23
Change In Receivables	Get a 7-Day Free Trial															4.68	10.04	-	-	-

Raffles Education 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 Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was S$0.0 Mil.

Raffles Education (SGX:NR7) 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.

Raffles Education's Days Sales Outstanding for the quarter that ended in Dec. 2023 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	3.536	/	0	*	91
=

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

Raffles Education's liquidation value for the quarter that ended in Dec. 2023 is calculated as:

	Liquidation Value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	47.624	-	433.897	+	0.75 * 3.536	+	0.5 * 0.059
=	-383.6

Raffles Education Change In Receivables Related Terms

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Raffles Education (SGX:NR7) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Education » Raffles Education Ltd (SGX:NR7) » Definitions » Change In Receivables

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Traded in Other Exchanges

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Address

111 Somerset, Unit No. 15-22, Singapore, SGP, 238164

Website

https://www.raffles.education

Raffles Education Ltd operates as an investment holding company, which engages in providing business and management consultancy services. It operates through the following business segments: Education, Education Facilities Rental Service, Real Estate Investment and Development, and Corporate and Others. The Education segment offers students a range of degree, diploma and full-time certification programmes in design and business-oriented disciplines at the post-secondary level. The Education Facilities Rental Service segment refers to the OUCHK engaging in education facilities leasing and commercial leasing for supporting facilities. The Real Estate Investment and Development segment participates in real estate investments and development.

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