ValueMax Group (SGX:T6I) Change In Receivables : S$-31.8 Mil (TTM As of Dec. 2023)

View and export this data going back to 2013. Start your Free Trial

What is ValueMax Group Change In Receivables?

ValueMax Group's change in receivables for the quarter that ended in Dec. 2023 was S$21.3 Mil. It means ValueMax Group's Accounts Receivable declined by S$21.3 Mil from Jun. 2023 to Dec. 2023 .

ValueMax Group's change in receivables for the fiscal year that ended in Dec. 2023 was S$-31.8 Mil. It means ValueMax Group's Accounts Receivable increased by S$31.8 Mil from Dec. 2022 to Dec. 2023 .

ValueMax Group's Accounts Receivable for the quarter that ended in Dec. 2023 was S$734.0 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. ValueMax Group's Days Sales Outstanding for the six months ended in Dec. 2023 was 747.30.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. ValueMax Group's liquidation value for the six months ended in Dec. 2023 was S$-24.0 Mil.

ValueMax Group Change In Receivables Historical Data

The historical data trend for ValueMax 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.

ValueMax Group Change In Receivables Chart

ValueMax Group Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Receivables

Get a 7-Day Free Trial

-51.35

-23.79

-198.13

-192.94

-31.79

ValueMax Group 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															-118.22	-58.89	-134.05	-53.08	21.29

ValueMax 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 Dec. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was S$-31.8 Mil.

ValueMax Group (SGX:T6I) 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.

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

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	733.964	/	179.244	*	91
=	747.30

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

ValueMax Group'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)
=	15.474	-	647.673	+	0.75 * 733.964	+	0.5 * 115.425
=	-24.0

ValueMax Group Change In Receivables Related Terms

Thank you for viewing the detailed overview of ValueMax Group's Change In Receivables provided by GuruFocus.com. Please click on the following links to see related term pages.

ValueMax Group (SGX:T6I) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » ValueMax Group Ltd (SGX:T6I) » Definitions » Change In Receivables

Comparable Companies

Traded in Other Exchanges

N/A

Address

261 Waterloo Street, Number 01-35, Singapore, SGP, 180261

Website

https://www.valuemax.com.sg

ValueMax Group Ltd provides pawnbroking and moneylending services, as well as the retail and trading of pre-owned jewellery and gold. The objective of the company is to be the most trusted alternative financial services provider. The group is organized into four operating segments namely: Pawnbroking; Retail and trading of pre-owned jewellery and gold; Moneylending; and Other operations including investment holding and provision of other support services. Its business activities are mainly conducted in Singapore. The retail and trading of pre-owned jewellery and gold segment generate maximum revenue for the company.

ValueMax Group (SGX:T6I) Headlines

No Headlines