GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Beverages - Alcoholic » Heineken Malaysia Bhd (XKLS:3255) » Definitions » Accounts Receivable

Heineken Malaysia Bhd (XKLS:3255) Accounts Receivable : RM679 Mil (As of Mar. 2024)


View and export this data going back to 1965. Start your Free Trial

What is Heineken Malaysia Bhd Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Heineken Malaysia Bhd's accounts receivables for the quarter that ended in Mar. 2024 was RM679 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Heineken Malaysia Bhd's Days Sales Outstanding for the quarter that ended in Mar. 2024 was 78.47.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Heineken Malaysia Bhd's Net-Net Working Capital per share for the quarter that ended in Mar. 2024 was RM-0.96.


Heineken Malaysia Bhd Accounts Receivable Historical Data

The historical data trend for Heineken Malaysia 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.

Heineken Malaysia Bhd Accounts Receivable Chart

Heineken Malaysia Bhd Annual Data
Trend Jun13 Jun14 Jun15 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 552.76 300.87 401.99 581.80 422.31

Heineken Malaysia Bhd Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 539.28 470.08 487.89 422.31 678.68

Heineken Malaysia Bhd Accounts Receivable Calculation

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


Heineken Malaysia 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.

Heineken Malaysia 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
=678.68/789.165*91
=78.47

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

Heineken Malaysia 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)
=(136.768+0.75 * 678.68+0.5 * 108.654-990.632
-0-0)/302.098
=-0.96

* 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.


Heineken Malaysia Bhd Accounts Receivable Related Terms

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


Heineken Malaysia Bhd (XKLS:3255) Business Description

Traded in Other Exchanges
N/A
Address
Batu 9, Jalan Klang Lama, Sungei Way Brewery, Lot 1135, Petaling Jaya, SGR, MYS, 46000
Heineken Malaysia Bhd is engaged in the production, packaging, marketing and distribution of beverages, mainly alcoholic. The portfolio of the company includes various iconic brands such as The World-acclaimed iconic Asian beer - Tiger Beer, The crystal-cold filtered beer - Tiger Crystal, The New Zealand inspired cider - Apple Fox Cider, The premium Irish ale - Kilkenny, The real shandy - Anglia and others.

Heineken Malaysia Bhd (XKLS:3255) Headlines

No Headlines