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Revez (SGX:RCU) Accounts Receivable : S$0.98 Mil (As of Dec. 2023)


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What is Revez Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Revez's accounts receivables for the quarter that ended in Dec. 2023 was S$0.98 Mil.

Accounts receivable can be measured by Days Sales Outstanding.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Revez's Net-Net Working Capital per share for the quarter that ended in Dec. 2023 was S$0.01.


Revez Accounts Receivable Historical Data

The historical data trend for Revez'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.

Revez Accounts Receivable Chart

Revez Annual Data
Trend Dec13 Dec14 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.34 1.90 0.98 1.73 0.98

Revez Semi-Annual Data
Jun13 Dec13 Jun14 Dec14 Jun15 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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 0.98 2.15 1.73 0.58 0.98

Revez Accounts Receivable Calculation

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


Revez 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.

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

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=0.977/-1.495*91
=

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

Revez's Net-Net Working Capital Per Share for the quarter that ended in Dec. 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)
=(3.814+0.75 * 0.977+0.5 * 0-1.293
-0-0.142)/263.321
=0.01

* 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.


Revez Accounts Receivable Related Terms

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Revez (SGX:RCU) Business Description

Traded in Other Exchanges
Address
29 Media Circle, ALICE Mediapolis, South Tower No. 03-13, Singapore, SGP, 138565
Revez Corp Ltd is an investment holding company. It has four segments. The IT Solutions segment, which is the key revenue driver, provides simple applications and websites, comprehensive tailor-made integrated solutions which include the design and development of an integrated suite of solutions by tapping on new technology, immersive multimedia, Artificial Intelligence, Internet of Things, and Creative and Content Service; the Meetings, Incentive, Conferences, Exhibitions (MICE) segment provides design and installation support to its solutions when these IT solutions are required to be installed in showrooms, exhibition halls, product launches, and customer service centers; Digital Media Network that includes digital media solutions and media networks, and Corporate segment.

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