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Far East Orchard (SGX:O10) Accounts Receivable : S$39.5 Mil (As of Jun. 2023)


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What is Far East Orchard Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Far East Orchard's accounts receivables for the quarter that ended in Jun. 2023 was S$39.5 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Far East Orchard's Days Sales Outstanding for the quarter that ended in Jun. 2023 was 79.25.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Far East Orchard's Net-Net Working Capital per share for the quarter that ended in Jun. 2023 was S$-1.88.


Far East Orchard Accounts Receivable Historical Data

The historical data trend for Far East Orchard's Accounts Receivable 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.

Far East Orchard Accounts Receivable Chart

Far East Orchard Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 13.54 12.46 8.43 9.30 16.49

Far East Orchard Semi-Annual Data
Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23
Accounts Receivable Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 20.29 9.30 36.94 16.49 39.46

Far East Orchard Accounts Receivable Calculation

Accounts Receivable is money owed to a business by customers and shown on its Balance Sheet as an asset.


Far East Orchard Accounts Receivable 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 receivables are being managed.

Far East Orchard's Days Sales Outstanding for the quarter that ended in Jun. 2023 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=39.459/90.863*91
=79.25

2. In Ben Graham's calculation of Net-Net Working Capital (NNWC), Far East Orchard's accounts receivable are only considered to be worth 75% of book value:

Far East Orchard's Net-Net Working Capital Per Share for the quarter that ended in Jun. 2023 is calculated as:

Net-Net Working Capital Per Share
=(Cash And Cash Equivalents+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(226.939+0.75 * 39.459+0.5 * 176.479-1255.27
-0-7.871)/487.757
=-1.88

* 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.


Be Aware

Net receivables tells us a great deal about the different competitors in the same industry. In competitive industries, some attempt to gain advantage by offering better credit terms, causing increase in sales and receivables.

If company consistently shows lower % Net receivables to gross sales than competitors, then it usually has some kind of competitive advantage which requires further digging.

Average Days Sales Outstanding is a good indicator for measuring a company's sales channel and customers. A company may book great revenue and earnings growth but never receive payment from their customers. This may force a write-off in the future and depress future earnings.


Far East Orchard Accounts Receivable Related Terms

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Far East Orchard (SGX:O10) Business Description

Traded in Other Exchanges
N/A
Address
1 Tanglin Road No. 05-01, Orchard Rendezvous Hotel, Singapore, SGP, 247905
Far East Orchard Ltd is a property development and investment company. It has structured its operations into two business segments - Hospitality and Property. The group operates its Hospitality business across three segments which include management services, operations, and property ownership. The group manages its Property business across two segments - property development and investment. The majority of its revenue is derived from the Hospitality business. The group's business segments operate in five main geographical areas: Singapore, Australia, New Zealand, the United Kingdom, and other countries. Geographically the company receives maximum revenue from Singapore.

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