YY Group Holding (YY Group Holding) Accounts Receivable : $7.04 Mil (As of Dec. 2023)

View and export this data going back to 2024. Start your Free Trial

What is YY Group Holding Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. YY Group Holding's accounts receivables for the quarter that ended in Dec. 2023 was $7.04 Mil.

Accounts receivable can be measured by Days Sales Outstanding. YY Group Holding's Days Sales Outstanding for the quarter that ended in Dec. 2023 was 70.91.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. YY Group Holding's Net-Net Working Capital per share for the quarter that ended in Dec. 2023 was $-0.02.

YY Group Holding Accounts Receivable Historical Data

The historical data trend for YY Group Holding'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.

YY Group Holding Accounts Receivable Chart

YY Group Holding Annual Data

Trend

Dec21

Dec22

Dec23

Accounts Receivable

4.09

4.16

7.04

YY Group Holding Semi-Annual Data
	Dec21	Jun22	Dec22	Jun23	Dec23
Accounts Receivable	4.09	-	4.16	5.58	7.04

YY Group Holding Accounts Receivable Calculation

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

YY Group Holding 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.

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

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	7.038	/	18.113	*	91
=	70.91

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

YY Group Holding'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)
=	(0.467	+	0.75 * 7.038	+	0.5 * 0	-	6.529
-	0	-	0.011)	/	34.425
=	-0.02

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.

YY Group Holding Accounts Receivable Related Terms

Thank you for viewing the detailed overview of YY Group Holding's Accounts Receivable provided by GuruFocus.com. Please click on the following links to see related term pages.

YY Group Holding (YY Group Holding) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Personal Services » YY Group Holding Ltd (NAS:YYGH) » Definitions » Accounts Receivable

Comparable Companies

Traded in Other Exchanges

N/A

Address

60 Paya Lebar Road, 05-43 Paya Lebar Square, Singapore, SGP, 409051

Website

https://www.yygroupholding.com

YY Group Holding Ltd is a data and technology driven company focused on developing enterprise intelligent labor matching services and smart cleaning services founded in Singapore. It provides enterprise manpower outsourcing and smart cleaning services in Singapore and Malaysia. The group has two operating segment, which is cleaning services segment and manpower outsourcing services, Maximum revenue is generated from cleaning services.

YY Group Holding (YY Group Holding) Headlines

From GuruFocus

YY Group Announces Closing of Initial Public Offering

By Marketwired • 04-24-2024