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HC Surgical Specialists (SGX:1B1) Accounts Receivable : S$1.13 Mil (As of May. 2024)


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What is HC Surgical Specialists Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. HC Surgical Specialists's accounts receivables for the quarter that ended in May. 2024 was S$1.13 Mil.

Accounts receivable can be measured by Days Sales Outstanding. HC Surgical Specialists's Days Sales Outstanding for the quarter that ended in May. 2024 was 22.48.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. HC Surgical Specialists's Net-Net Working Capital per share for the quarter that ended in May. 2024 was S$-0.03.


HC Surgical Specialists Accounts Receivable Historical Data

The historical data trend for HC Surgical Specialists'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.

HC Surgical Specialists Accounts Receivable Chart

HC Surgical Specialists Annual Data
Trend May15 May16 May17 May18 May19 May20 May21 May22 May23 May24
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.68 1.57 1.56 1.26 1.13

HC Surgical Specialists Semi-Annual Data
May14 May15 Nov15 May16 Nov16 May17 Nov17 May18 Nov18 May19 Nov19 May20 Nov20 May21 Nov21 May22 Nov22 May23 Nov23 May24
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 1.56 1.87 1.26 1.90 1.13

HC Surgical Specialists Accounts Receivable Calculation

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


HC Surgical Specialists 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.

HC Surgical Specialists's Days Sales Outstanding for the quarter that ended in May. 2024 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=1.132/9.191*91
=22.48

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

HC Surgical Specialists's Net-Net Working Capital Per Share for the quarter that ended in May. 2024 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)
=(8.063+0.75 * 1.132+0.5 * 0.367-13.37
-0--0.216)/153.807
=-0.03

* 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.


HC Surgical Specialists Accounts Receivable Related Terms

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HC Surgical Specialists Business Description

Traded in Other Exchanges
N/A
Address
233 River Valley Road, No. B1-04/05 RV Point, Singapore, SGP, 238291
HC Surgical Specialists Ltd is a medical services group. The company is engaged in providing endoscopic procedures, including gastroscopies and colonoscopies, and general surgery services. The operating segment of the company is the healthcare segment. Geographically, it operates only in Singapore. The company has its facilities center and clinics at various places in Singapore.

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