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Johan Holdings Bhd (XKLS:3441) Accounts Receivable : RM5.62 Mil (As of Jan. 2024)


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What is Johan Holdings Bhd Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Johan Holdings Bhd's accounts receivables for the quarter that ended in Jan. 2024 was RM5.62 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Johan Holdings Bhd's Days Sales Outstanding for the quarter that ended in Jan. 2024 was 141.21.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Johan Holdings Bhd's Net-Net Working Capital per share for the quarter that ended in Jan. 2024 was RM-0.03.


Johan Holdings Bhd Accounts Receivable Historical Data

The historical data trend for Johan Holdings 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.

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Johan Holdings Bhd Accounts Receivable Chart

Johan Holdings Bhd Annual Data
Trend Jan14 Jan15 Jan16 Jan17 Jan18 Jan19 Jan20 Jul21 Jul22 Jul23
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 549.02 537.85 4.93 13.71 1.59

Johan Holdings Bhd Quarterly Data
Oct18 Jan19 Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Apr21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
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 7.58 7.38 1.59 5.57 5.62

Johan Holdings Bhd Accounts Receivable Calculation

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


Johan Holdings 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.

Johan Holdings Bhd's Days Sales Outstanding for the quarter that ended in Jan. 2024 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=5.622/3.633*91
=141.21

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

Johan Holdings Bhd's Net-Net Working Capital Per Share for the quarter that ended in Jan. 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)
=(63.128+0.75 * 5.622+0.5 * 3.187-81.584
-0-22.533)/1168.028
=-0.03

* 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.


Johan Holdings Bhd Accounts Receivable Related Terms

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Johan Holdings Bhd (XKLS:3441) Business Description

Traded in Other Exchanges
N/A
Address
No. 2 Lorong Dungun Kiri, 11th Floor, Wisma E&C, Damansara Heights, Kuala Lumpur, SGR, MYS, 50490
Johan Holdings Bhd's principal activities are as a franchise operator for diner's club charge and credit cards, property, Investment holding, and secretarial services. The company operates in segments that include General Trading, property, Investment holding and secretarial services, Hospitality and Card Services, and Healthcare products. The Investment holding and secretarial service business segment generates maximum revenue for the company.

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