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SDM (Smart Digital Group) Accounts Receivable : $10.21 Mil (As of Sep. 2024)


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What is Smart Digital Group Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Smart Digital Group's accounts receivables for the quarter that ended in Sep. 2024 was $10.21 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Smart Digital Group's Days Sales Outstanding for the quarter that ended in Sep. 2024 was 140.14.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Smart Digital Group's Net-Net Working Capital per share for the quarter that ended in Sep. 2024 was $0.02.

Smart Digital Group Accounts Receivable Historical Data

The historical data trend for Smart Digital Group'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.

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Smart Digital Group Accounts Receivable Chart

Smart Digital Group Annual Data
Trend Sep22 Sep23
Accounts Receivable
2.91 9.02

Smart Digital Group Semi-Annual Data
Sep22 Mar23 Sep23 Mar24 Sep24
Accounts Receivable 2.91 - 9.02 14.78 10.21

Smart Digital Group Accounts Receivable Calculation

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

Smart Digital Group 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.

Smart Digital Group's Days Sales Outstanding for the quarter that ended in Sep. 2024 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=10.214/13.301*91
=140.14

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

Smart Digital Group's Net-Net Working Capital Per Share for the quarter that ended in Sep. 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)
=(0.058+0.75 * 10.214+0.5 * 0-7.146
-0-0)/26.500
=0.02

* 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.

Smart Digital Group Accounts Receivable Related Terms

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Smart Digital Group Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Smart Digital Group Ltd (NAS:SDM) » Definitions » Accounts Receivable
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Traded in Other Exchanges
N/A
Address
150 Beach Road, 805/06 Gateway West, Singapore, SGP, 189720
Website
http://www.smdmeta.com
Smart Digital Group Ltd is a holding company and operates through subsidiaries. It is engaged in event planning and execution services. The company services include (1) event planning and execution services (2) internet media services, (3) software customization and marketing services, and (4) business planning and consulting services. Company generates key revenue from internet media services which include developing marketing strategies, designing marketing content, distributing such marketing content on select internet platforms and other related services.