Serial System (SGX:S69) Change In Receivables : S$24 Mil (TTM As of Dec. 2023)

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What is Serial System Change In Receivables?

Serial System's change in receivables for the quarter that ended in Dec. 2023 was S$-1 Mil. It means Serial System's Accounts Receivable increased by S$1 Mil from Jun. 2023 to Dec. 2023 .

Serial System's change in receivables for the fiscal year that ended in Dec. 2023 was S$23 Mil. It means Serial System's Accounts Receivable declined by S$23 Mil from Dec. 2022 to Dec. 2023 .

Serial System's Accounts Receivable for the quarter that ended in Dec. 2023 was S$204 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. Serial System's Days Sales Outstanding for the six months ended in Dec. 2023 was 71.80.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Serial System's liquidation value for the six months ended in Dec. 2023 was S$-60 Mil.

Serial System Change In Receivables Historical Data

The historical data trend for Serial System'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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Serial System Change In Receivables Chart

Serial System Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Receivables

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80.38

-25.60

-36.24

-24.40

23.48

Serial System Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Change In Receivables	Get a 7-Day Free Trial															-15.76	-50.53	24.95	24.36	-0.63

Serial System 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 semi-annually data reported by the company within the most recent 12 months, which was S$24 Mil.

Serial System (SGX:S69) 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.

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

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	203.966	/	518.427	*	91
=	71.80

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

Serial System'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)
=	59.586	-	356.53	+	0.75 * 203.966	+	0.5 * 168.627
=	-60

Serial System Change In Receivables Related Terms

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Serial System (SGX:S69) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Serial System Ltd (SGX:S69) » Definitions » Change In Receivables

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N/A

Address

8 Ubi View No. 05-01, Serial System Building, Singapore, SGP, 408554

Website

https://www.serialsystem.com

Serial System Ltd is an investment holding company that provides management services to its subsidiaries. The company is involved in the distribution of electronic and electrical components, and trading and distribution of fast-moving consumer goods, photographic, and timepiece products. The business operates through segments that are Electronic Components Distribution, Consumer Products Distribution, and Other Businesses.

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