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HPMT Holdings Bhd (XKLS:5291) Accounts Receivable : RM15.90 Mil (As of Dec. 2023)


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What is HPMT Holdings Bhd Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. HPMT Holdings Bhd's accounts receivables for the quarter that ended in Dec. 2023 was RM15.90 Mil.

Accounts receivable can be measured by Days Sales Outstanding. HPMT Holdings Bhd's Days Sales Outstanding for the quarter that ended in Dec. 2023 was 67.42.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. HPMT Holdings Bhd's Net-Net Working Capital per share for the quarter that ended in Dec. 2023 was RM0.14.


HPMT Holdings Bhd Accounts Receivable Historical Data

The historical data trend for HPMT 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.

* Premium members only.

HPMT Holdings Bhd Accounts Receivable Chart

HPMT Holdings Bhd Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only 14.20 13.28 16.98 14.89 15.90

HPMT Holdings Bhd Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 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 14.89 24.37 18.03 17.60 15.90

HPMT Holdings Bhd Accounts Receivable Calculation

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


HPMT 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.

HPMT Holdings Bhd's Days Sales Outstanding for the quarter that ended in Dec. 2023 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=15.904/21.525*91
=67.42

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

HPMT Holdings Bhd'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)
=(55.88+0.75 * 15.904+0.5 * 33.413-37.237
-0-0.091)/328.489
=0.14

* 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.


HPMT Holdings Bhd Accounts Receivable Related Terms

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HPMT Holdings Bhd (XKLS:5291) Business Description

Traded in Other Exchanges
N/A
Address
No. 5, Jalan Sungai Kayu Ara 32/39, Taman Berjaya, Seksyen 32, Shah Alam, SGR, MYS, 40460
HPMT Holdings Bhd is an investment holding company. The Group reports the following segments: manufacturing, trading and coating. Manufacturing segment includes manufacturing and distribution of cutting tools. Trading segment includes Trading of cutting tools, supporting equipment and accessories for metalworking. Coating segment includes Provision of PVD coating services. The majority of revenue is from manufacturing segment. Geographically, it operates in Malaysia, Europe, Asia (excluding Malaysia) and Others, out of which the majority is from the Europe.

HPMT Holdings Bhd (XKLS:5291) Headlines

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