Toyo Knitex (CEPZ) (DHA:MITHUNKNIT) Accounts Receivable : BDT196.95 Mil (As of Jun. 2023)

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

What is Toyo Knitex (CEPZ) Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Toyo Knitex (CEPZ)'s accounts receivables for the quarter that ended in Jun. 2023 was BDT196.95 Mil.

Accounts receivable can be measured by Days Sales Outstanding.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Toyo Knitex (CEPZ)'s Net-Net Working Capital per share for the quarter that ended in Jun. 2023 was BDT-1.16.

Toyo Knitex (CEPZ) Accounts Receivable Historical Data

The historical data trend for Toyo Knitex (CEPZ)'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.

Toyo Knitex (CEPZ) Accounts Receivable Chart

Toyo Knitex (CEPZ) Annual Data

Trend

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Accounts Receivable

Get a 7-Day Free Trial

317.11

207.45

196.95

Toyo Knitex (CEPZ) Semi-Annual Data
	Jun17	Jun18	Jun19	Jun20	Jun21	Jun22	Jun23
Accounts Receivable	Get a 7-Day Free Trial			317.11	207.45	207.45	196.95	196.95

Toyo Knitex (CEPZ) Accounts Receivable Calculation

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

Toyo Knitex (CEPZ) 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.

Toyo Knitex (CEPZ)'s Days Sales Outstanding for the quarter that ended in Jun. 2023 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	196.95	/	0	*	91
=

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

Toyo Knitex (CEPZ)'s Net-Net Working Capital Per Share for the quarter that ended in Jun. 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)
=	(2.059	+	0.75 * 196.95	+	0.5 * 0	-	187.331
-	0	-	0.001)	/	32.4912
=	-1.16

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.

Toyo Knitex (CEPZ) Accounts Receivable Related Terms

Thank you for viewing the detailed overview of Toyo Knitex (CEPZ)'s Accounts Receivable provided by GuruFocus.com. Please click on the following links to see related term pages.

Toyo Knitex (CEPZ) (DHA:MITHUNKNIT) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Toyo Knitex (CEPZ) Ltd (DHA:MITHUNKNIT) » Definitions » Accounts Receivable

Traded in Other Exchanges

N/A

Address

House No. 50, Road 7, Gulshan Avenue, South Avenue Tower, 6thFloor, Dhaka, BGD, 1212

Website

http://www.mkdl-cepz.com.bd

Toyo Knitex (CEPZ) Ltd formerly known as Mithun Knitting and Dying (CEPZ) Limited. The principal activity of the company is to carry on Knitting Dying & knit garments manufacturing. The company is hundred percent export oriented garments factory. It is a manufactures and exportes single jersey, interlock, rib, french terry, collar and cuff, rib with lycra, and knit garments of all sorts in Bangladesh.

Toyo Knitex (CEPZ) (DHA:MITHUNKNIT) Headlines

No Headlines