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Sarawak Consolidated Industries Bhd (XKLS:9237) Accounts Receivable : RM71.3 Mil (As of Dec. 2023)


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What is Sarawak Consolidated Industries Bhd Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Sarawak Consolidated Industries Bhd's accounts receivables for the quarter that ended in Dec. 2023 was RM71.3 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Sarawak Consolidated Industries Bhd's Days Sales Outstanding for the quarter that ended in Dec. 2023 was 170.90.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Sarawak Consolidated Industries Bhd's Net-Net Working Capital per share for the quarter that ended in Dec. 2023 was RM-0.04.


Sarawak Consolidated Industries Bhd Accounts Receivable Historical Data

The historical data trend for Sarawak Consolidated Industries 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.

Sarawak Consolidated Industries Bhd Accounts Receivable Chart

Sarawak Consolidated Industries Bhd Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Jun21 Jun22 Jun23
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 30.00 30.90 608.14 41.28 44.76

Sarawak Consolidated Industries Bhd Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 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 69.10 72.56 44.76 73.70 71.34

Sarawak Consolidated Industries Bhd Accounts Receivable Calculation

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


Sarawak Consolidated Industries 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.

Sarawak Consolidated Industries 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
=71.338/38.089*91
=170.90

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

Sarawak Consolidated Industries 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)
=(27.698+0.75 * 71.338+0.5 * 21.868-116.536
-0-0.952)/640.241
=-0.04

* 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.


Sarawak Consolidated Industries Bhd Accounts Receivable Related Terms

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Sarawak Consolidated Industries Bhd (XKLS:9237) Business Description

Traded in Other Exchanges
N/A
Address
Lot 1258, Jalan Utama, Pending Industrial Estate, Kuching, SWK, MYS, 93450
Sarawak Consolidated Industries Bhd is an investment holding company. The company's business segments are manufacturing, property trading, Corporate and Construction/EPCC/Project Management Segment. It generates maximum revenue from the Manufacturing segment. Manufacturing Segment involved in the manufacturing and sale of precast concrete pipes, prestressed spun concrete piles and other related concrete products as well as the manufacturing, supplying and installations of prefabricated Lightweight Systems products. Geographically it derives majority of revenue from Malaysia and also in presence in Indonesia, Oman and Qatar.

Sarawak Consolidated Industries Bhd (XKLS:9237) Headlines

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