Volcano Bhd (XKLS:0232) Accounts Receivable : RM14.90 Mil (As of Mar. 2024)

View and export this data going back to 2021. Start your Free Trial

What is Volcano Bhd Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Volcano Bhd's accounts receivables for the quarter that ended in Mar. 2024 was RM14.90 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Volcano Bhd's Days Sales Outstanding for the quarter that ended in Mar. 2024 was 79.21.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Volcano Bhd's Net-Net Working Capital per share for the quarter that ended in Mar. 2024 was RM0.21.

Volcano Bhd Accounts Receivable Historical Data

The historical data trend for Volcano Bhd'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.

Volcano Bhd Accounts Receivable Chart

Volcano Bhd Annual Data

Trend

Dec18

Dec19

Dec20

Accounts Receivable

10.97

9.31

13.66

Volcano Bhd Quarterly Data
	Dec18	Dec19	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Mar23	Sep23	Dec23	Mar24
Accounts Receivable	Get a 7-Day Free Trial									17.81	-	17.02	14.32	14.90

Volcano Bhd Accounts Receivable Calculation

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

Volcano Bhd 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.

Volcano Bhd's Days Sales Outstanding for the quarter that ended in Mar. 2024 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	14.903	/	17.169	*	91
=	79.21

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

Volcano Bhd's Net-Net Working Capital Per Share for the quarter that ended in Mar. 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)
=	(31.103	+	0.75 * 14.903	+	0.5 * 18.857	-	13.838
-	0	-	0)	/	181.63
=	0.21

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.

Volcano Bhd Accounts Receivable Related Terms

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

Volcano Bhd (XKLS:0232) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Volcano Bhd (XKLS:0232) » Definitions » Accounts Receivable

Comparable Companies

Traded in Other Exchanges

N/A

Address

1411 Jalan Perusahaan Kawasan, Perusahaan Perai 1, Butterworth, Perai, PNG, MYS, 13600

Website

https://www.volcano.com.my

Volcano Bhd is a manufacturer of parts and components including metal and non-metal nameplates and plastic injection moulded parts. Geographically the company's manufacturing facilities is located in Malaysia and Thailand to serve multinational customers across various industries such as electrical and electronic, automotive, food, furniture, aerospace and label industries. The company operates in Malaysia, Singapore, Thailand, Indonesia, China, USA and other countries. It earns majority of its revenue from Thailand.

Volcano Bhd (XKLS:0232) Headlines

No Headlines