First Sponsor Group (SGX:ADN) Change In Receivables : S$-186.0 Mil (TTM As of Dec. 2023)

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What is First Sponsor Group Change In Receivables?

First Sponsor Group's change in receivables for the quarter that ended in Dec. 2023 was S$-165.2 Mil. It means First Sponsor Group's Accounts Receivable increased by S$165.2 Mil from Jun. 2023 to Dec. 2023 .

First Sponsor Group's change in receivables for the fiscal year that ended in Dec. 2023 was S$-186.0 Mil. It means First Sponsor Group's Accounts Receivable increased by S$186.0 Mil from Dec. 2022 to Dec. 2023 .

First Sponsor Group's Accounts Receivable for the quarter that ended in Dec. 2023 was S$650.2 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. First Sponsor Group's Days Sales Outstanding for the six months ended in Dec. 2023 was 807.00.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. First Sponsor Group's liquidation value for the six months ended in Dec. 2023 was S$-1,263.7 Mil.

First Sponsor Group Change In Receivables Historical Data

The historical data trend for First Sponsor Group'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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First Sponsor Group Change In Receivables Chart

First Sponsor Group Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Receivables

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105.85

-118.72

-488.64

507.31

-185.98

First Sponsor Group 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															-668.22	544.88	-37.57	-20.80	-165.18

First Sponsor Group 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 S$-186.0 Mil.

First Sponsor Group (SGX:ADN) 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.

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

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	650.197	/	147.039	*	91
=	807.00

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

First Sponsor Group'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)
=	217.762	-	2554.232	+	0.75 * 650.197	+	0.5 * 1170.236
=	-1,263.7

First Sponsor Group Change In Receivables Related Terms

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First Sponsor Group (SGX:ADN) Business Description

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GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » First Sponsor Group Ltd (SGX:ADN) » Definitions » Change In Receivables

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Traded in Other Exchanges

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Address

19 Lorong Telok, Singapore, SGP, 049031

Website

https://www.1st-sponsor.com.sg

First Sponsor Group Ltd is an investment holding company in Singapore. The principal activities of the company are those relating to investment holding, property development and sales, property investment, hotel ownership and operations and provision of property financing services. The Hotel operations segment- Property development segment which includes residential and commercial property developments in the PRC, specifically Chengdu, Dongguan and Guangzhou; Property holding segment which includes hotel ownership and operations as well as investment properties held for rental income; Property financing segment which includes Loan arrangements. The firm operates in Europe and China, out of which the majority of the revenue is generated from China.