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Gabungan Aqrs Bhd (XKLS:5226) Accounts Receivable : RM225.3 Mil (As of Sep. 2023)


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What is Gabungan Aqrs Bhd Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Gabungan Aqrs Bhd's accounts receivables for the quarter that ended in Sep. 2023 was RM225.3 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Gabungan Aqrs Bhd's Days Sales Outstanding for the quarter that ended in Sep. 2023 was 252.72.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Gabungan Aqrs Bhd's Net-Net Working Capital per share for the quarter that ended in Sep. 2023 was RM-0.69.


Gabungan Aqrs Bhd Accounts Receivable Historical Data

The historical data trend for Gabungan Aqrs 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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Gabungan Aqrs Bhd Accounts Receivable Chart

Gabungan Aqrs Bhd Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 216.75 168.80 184.47 115.88 114.05

Gabungan Aqrs Bhd Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
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 143.77 114.05 160.89 149.24 225.33

Gabungan Aqrs Bhd Accounts Receivable Calculation

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


Gabungan Aqrs 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.

Gabungan Aqrs Bhd's Days Sales Outstanding for the quarter that ended in Sep. 2023 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=225.327/81.359*91
=252.72

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

Gabungan Aqrs Bhd's Net-Net Working Capital Per Share for the quarter that ended in Sep. 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)
=(117.992+0.75 * 225.327+0.5 * 305.445-812.023
-0-1.752)/542.771
=-0.69

* 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.


Gabungan Aqrs Bhd Accounts Receivable Related Terms

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Gabungan Aqrs Bhd (XKLS:5226) Business Description

Traded in Other Exchanges
N/A
Address
G-58-G, Blok G, Jalan Teknologi 3/9, Bistari ‘De’ Kota, Kota Damansara, PJU 5, Petaling Jaya, Selangor Darul Ehsan, MYS, 47810
Gabungan Aqrs Bhd is engaged in the business of construction and property development in Malaysia. The company specializes in construction infrastructure, residential and commercial buildings, as well as purpose-built buildings. It is organized into two reportable segments; Construction, involves securing and carrying out construction contracts and Property development, involves the development of residential and commercial properties. Maximum revenue of the company is generated by the Construction segment. All the operations of the company are carried out in Malaysia.

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