Stamford Tyres (SGX:S29) Change In Receivables : S$-9.2 Mil (TTM As of Oct. 2024)

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What is Stamford Tyres Change In Receivables?

Stamford Tyres's change in receivables for the quarter that ended in Oct. 2024 was S$-4.6 Mil. It means Stamford Tyres's Accounts Receivable increased by S$4.6 Mil from Apr. 2024 to Oct. 2024 .

Stamford Tyres's change in receivables for the fiscal year that ended in Apr. 2024 was S$-2.0 Mil. It means Stamford Tyres's Accounts Receivable increased by S$2.0 Mil from Apr. 2023 to Apr. 2024 .

Stamford Tyres's Accounts Receivable for the quarter that ended in Oct. 2024 was S$33.4 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. Stamford Tyres's Days Sales Outstanding for the six months ended in Oct. 2024 was 62.91.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Stamford Tyres's liquidation value for the six months ended in Oct. 2024 was S$-22.6 Mil.

Stamford Tyres Change In Receivables Historical Data

The historical data trend for Stamford Tyres'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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Stamford Tyres Change In Receivables Chart

Stamford Tyres Annual Data

Trend

Apr15

Apr16

Apr17

Apr18

Apr19

Apr20

Apr21

Apr22

Apr23

Apr24

Change In Receivables

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4.61

7.12

5.04

5.08

-2.01

Stamford Tyres Semi-Annual Data
	Apr15	Oct15	Apr16	Oct16	Apr17	Oct17	Apr18	Oct18	Apr19	Oct19	Apr20	Oct20	Apr21	Oct21	Apr22	Oct22	Apr23	Oct23	Apr24	Oct24
Change In Receivables	Get a 7-Day Free Trial															6.20	-1.11	2.63	-4.64	-4.61

Stamford Tyres 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 Oct. 2024 adds up the semi-annually data reported by the company within the most recent 12 months, which was S$-9.2 Mil.

Stamford Tyres (SGX:S29) 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.

Stamford Tyres's Days Sales Outstanding for the quarter that ended in Oct. 2024 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	33.43	/	96.982	*	91
=	62.91

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

Stamford Tyres's liquidation value for the quarter that ended in Oct. 2024 is calculated as:

	Liquidation Value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	38.143	-	128.196	+	0.75 * 33.43	+	0.5 * 84.848
=	-22.6

Stamford Tyres Change In Receivables Related Terms

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Stamford Tyres Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Stamford Tyres Corp Ltd (SGX:S29) » Definitions » Change In Receivables

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Traded in Other Exchanges

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Address

19 Lok Yang Way, Jurong, Singapore, SGP, 628635

Website

http://www.stamfordtyres.com

Stamford Tyres Corp Ltd is an investment holding company. The company is engaged in retailing and distribution of tyres and wheels, design and contract manufacturing of tyres for proprietary brands as well as tyre retreading, equipment trading, servicing of motor vehicles, and manufacturing and sale of aluminium alloy wheels. The company's geographical segment includes South East Asia, North Asia, Africa, and Others. It generates maximum revenue from South East Asia.

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