Singapore Technologies Engineering (Singapore Technologies Engineering) Change In Receivables : $-442 Mil (TTM As of Dec. 2023)

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What is Singapore Technologies Engineering Change In Receivables?

Singapore Technologies Engineering's change in receivables for the quarter that ended in Dec. 2023 was $-342 Mil. It means Singapore Technologies Engineering's Accounts Receivable increased by $342 Mil from Jun. 2023 to Dec. 2023 .

Singapore Technologies Engineering's change in receivables for the fiscal year that ended in Dec. 2023 was $-443 Mil. It means Singapore Technologies Engineering's Accounts Receivable increased by $443 Mil from Dec. 2022 to Dec. 2023 .

Singapore Technologies Engineering's Accounts Receivable for the quarter that ended in Dec. 2023 was $1,187 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. Singapore Technologies Engineering's Days Sales Outstanding for the six months ended in Dec. 2023 was 55.10.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Singapore Technologies Engineering's liquidation value for the six months ended in Dec. 2023 was $-7,611 Mil.

Singapore Technologies Engineering Change In Receivables Historical Data

The historical data trend for Singapore Technologies Engineering'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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Singapore Technologies Engineering Change In Receivables Chart

Singapore Technologies Engineering Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Receivables

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-78.53

166.59

-145.75

-208.72

-442.70

Singapore Technologies Engineering 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															-64.63	32.57	-242.07	-99.24	-342.41

Singapore Technologies Engineering 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 $-442 Mil.

Singapore Technologies Engineering (OTCPK:SGGKY) 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.

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

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	1187.044	/	3931.841	*	91
=	55.10

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

Singapore Technologies Engineering'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)
=	265.248	-	9478.692	+	0.75 * 1187.044	+	0.5 * 1424.273
=	-7,611

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Singapore Technologies Engineering (Singapore Technologies Engineering) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Aerospace & Defense » Singapore Technologies Engineering Ltd (OTCPK:SGGKY) » Definitions » Change In Receivables

Comparable Companies

Traded in Other Exchanges

SGGKF:USA S63:Singapore SJX:Germany

Address

1 Ang Mo Kio Electronics Park Road, No. 07-01, ST Engineering Hub, Singapore, SGP, 567710

Website

https://www.stengg.com

Singapore Technologies Engineering is a Singaporean government-linked commercial and defense engineering group. Its key businesses include aircraft maintenance, repair and overhaul services, in which it is the world's largest independent third-party provider. The company's fastest-growing activities involve applications to smart city solutions where it provides tolling solutions, traffic control systems, command and control dashboards, cybersecurity tools, and other related components. Around two thirds of the company's revenue comes from commercial clients while the remainder is defense.