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MESB Bhd (XKLS:7234) Accounts Receivable : RM25.1 Mil (As of Dec. 2023)


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What is MESB Bhd Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. MESB Bhd's accounts receivables for the quarter that ended in Dec. 2023 was RM25.1 Mil.

Accounts receivable can be measured by Days Sales Outstanding. MESB Bhd's Days Sales Outstanding for the quarter that ended in Dec. 2023 was 46.83.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. MESB Bhd's Net-Net Working Capital per share for the quarter that ended in Dec. 2023 was RM0.12.


MESB Bhd Accounts Receivable Historical Data

The historical data trend for MESB 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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MESB Bhd Accounts Receivable Chart

MESB Bhd Annual Data
Trend Mar13 Mar14 Mar15 Mar16 Mar17 Mar18 Jun20 Jun21 Jun22 Jun23
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 25.92 17.28 30.82 35.13 21.29

MESB Bhd Quarterly Data
Sep18 Dec18 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 31.98 22.81 21.29 16.58 25.09

MESB Bhd Accounts Receivable Calculation

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


MESB 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.

MESB 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
=25.094/48.893*91
=46.83

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

MESB 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)
=(54.459+0.75 * 25.094+0.5 * 57.378-45.513
-0-38.959)/144.294
=0.12

* 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.


MESB Bhd Accounts Receivable Related Terms

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MESB Bhd (XKLS:7234) Business Description

Traded in Other Exchanges
N/A
Address
Lot 1903A, 1st Floor, Jalan KPB7, Kawasan Perindustrian Kg. Baru Balakong, Seri Kembangan, SGR, MYS, 43300
MESB Bhd is an investment holding company. The company segment includes Retailing; Investment holding and Waste recycling. It generates maximum revenue from the Retailing segment. The retailing segment is involved in the trading and retailing of leather products, apparel, and accessories. The investment holding segment is involved in investment holding, and the Waste recycling segment is involved in the waste recycling business.

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