SMI Vantage (SGX:Y45) Change In Receivables : S$0.68 Mil (TTM As of Sep. 2024)

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What is SMI Vantage Change In Receivables?

SMI Vantage's change in receivables for the quarter that ended in Sep. 2024 was S$-0.04 Mil. It means SMI Vantage's Accounts Receivable increased by S$0.04 Mil from Mar. 2024 to Sep. 2024 .

SMI Vantage's change in receivables for the fiscal year that ended in Mar. 2024 was S$0.41 Mil. It means SMI Vantage's Accounts Receivable declined by S$0.41 Mil from Mar. 2023 to Mar. 2024 .

SMI Vantage's Accounts Receivable for the quarter that ended in Sep. 2024 was S$4.67 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. SMI Vantage's Days Sales Outstanding for the six months ended in Sep. 2024 was 313.02.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. SMI Vantage's liquidation value for the six months ended in Sep. 2024 was S$-20.95 Mil.

SMI Vantage Change In Receivables Historical Data

The historical data trend for SMI Vantage'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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SMI Vantage Change In Receivables Chart

SMI Vantage Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Change In Receivables

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0.24

1.17

6.51

1.25

0.41

SMI Vantage Semi-Annual Data
	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23	Mar24	Sep24
Change In Receivables	Get a 7-Day Free Trial															1.02	0.28	-0.31	0.72	-0.04

SMI Vantage 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 Sep. 2024 adds up the semi-annually data reported by the company within the most recent 12 months, which was S$0.68 Mil.

SMI Vantage (SGX:Y45) 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.

SMI Vantage's Days Sales Outstanding for the quarter that ended in Sep. 2024 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	4.667	/	2.721	*	91
=	313.02

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

SMI Vantage's liquidation value for the quarter that ended in Sep. 2024 is calculated as:

	Liquidation Value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	0.118	-	24.598	+	0.75 * 4.667	+	0.5 * 0.056
=	-20.95

SMI Vantage Change In Receivables Related Terms

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SMI Vantage Business Description

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GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » SMI Vantage Ltd (SGX:Y45) » Definitions » Change In Receivables

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Address

300 Beach Road, No. 31-03 The Concourse, Singapore, SGP, 199555

Website

https://www.smivantage.com

SMI Vantage Ltd is an investment and management company. The company's operating segments are Travel and domestic retail, Food and Beverage, Specialised logistics, and Digital mining. It derives majority of revenue from Travel and domestic retail segment. Geographically it operates in Singapore, Malaysia, and Myanmar with the majority of its revenue from Myanmar.

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