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Inch Kenneth Kajang Rubber (XKLS:2607) Accounts Receivable : RM0.40 Mil (As of Dec. 2023)


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What is Inch Kenneth Kajang Rubber Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Inch Kenneth Kajang Rubber's accounts receivables for the quarter that ended in Dec. 2023 was RM0.40 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Inch Kenneth Kajang Rubber's Days Sales Outstanding for the quarter that ended in Dec. 2023 was 27.17.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Inch Kenneth Kajang Rubber's Net-Net Working Capital per share for the quarter that ended in Dec. 2023 was RM-0.25.


Inch Kenneth Kajang Rubber Accounts Receivable Historical Data

The historical data trend for Inch Kenneth Kajang Rubber'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.

Inch Kenneth Kajang Rubber Accounts Receivable Chart

Inch Kenneth Kajang Rubber Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.64 0.93 2.73 1.20 0.40

Inch Kenneth Kajang Rubber Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Sep23 Dec23
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 81.63 1.20 80.22 78.82 0.40

Inch Kenneth Kajang Rubber Accounts Receivable Calculation

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


Inch Kenneth Kajang Rubber 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.

Inch Kenneth Kajang Rubber's Days Sales Outstanding for the quarter that ended in Dec. 2023 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=0.402/1.35*91
=27.17

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

Inch Kenneth Kajang Rubber'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)
=(2.121+0.75 * 0.402+0.5 * 2.478-96.968
-0-0)/378.675
=-0.25

* 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.


Inch Kenneth Kajang Rubber Accounts Receivable Related Terms

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Inch Kenneth Kajang Rubber (XKLS:2607) Business Description

Traded in Other Exchanges
N/A
Address
Jalan Sultan Ismail, 26th Floor, Menara Promet (KH), Kuala Lumpur, MYS, 50250
Inch Kenneth Kajang Rubber PLC operates as an investment holding company. It has five segments. Plantations segment include the sale of fresh fruit bunches; the Manufacturing segment includes producing constant viscosity rubber blocks; Tourism segment includes the operation of two tourist resorts, sale of rooms and sale of food and beverages; Property development segment includes development and sale of land and properties and leasing of buildings, and Others include trading of building materials and investment holding of equity interests in quoted shares. The company earns the majority of its revenues from the Manufacturing segment. It operates in Malaysia and Thailand.

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