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Singamas Container Holdings (Singamas Container Holdings) Accounts Receivable : $71.1 Mil (As of Dec. 2023)


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What is Singamas Container Holdings Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Singamas Container Holdings's accounts receivables for the quarter that ended in Dec. 2023 was $71.1 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Singamas Container Holdings's Days Sales Outstanding for the quarter that ended in Dec. 2023 was 67.13.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Singamas Container Holdings's Net-Net Working Capital per share for the quarter that ended in Dec. 2023 was $0.09.


Singamas Container Holdings Accounts Receivable Historical Data

The historical data trend for Singamas Container Holdings'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.

Singamas Container Holdings Accounts Receivable Chart

Singamas Container Holdings Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 33.35 68.80 79.08 80.14 71.12

Singamas Container Holdings Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 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 79.08 105.58 80.14 68.81 71.12

Singamas Container Holdings Accounts Receivable Calculation

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


Singamas Container Holdings 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.

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

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=71.124/193.345*91
=67.13

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

Singamas Container Holdings'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)
=(300.963+0.75 * 71.124+0.5 * 106.593-141.832
-0-62.855)/2382.21
=0.09

* 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.


Singamas Container Holdings Accounts Receivable Related Terms

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Singamas Container Holdings (Singamas Container Holdings) Business Description

Traded in Other Exchanges
Address
75-83 King’s Road, 19th Floor, SUP Tower, Hong Kong, HKG
Singamas Container Holdings Ltd is a Hong Kong-based investment holding company. Its operations represent two business segments. The Manufacturing segment is the key revenue driver for the company. It involves the manufacturing of dry freight containers, collapsible flatrack containers, tank containers, offshore containers, other specialized containers, and container parts. The Logistics services segment is engaged in the provision of container storage, repair, and trucking services, serving as a freight station, container/cargo handling, and other container-related services. Its geographical segments include Hong Kong, Europe, the United States of America, Taiwan, Singapore, the Middle East, PRC, Korea, and Others.

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