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VCI Global (FRA:H0T) Accounts Receivable : €6.61 Mil (As of Jun. 2024)


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What is VCI Global Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. VCI Global's accounts receivables for the quarter that ended in Jun. 2024 was €6.61 Mil.

Accounts receivable can be measured by Days Sales Outstanding. VCI Global's Days Sales Outstanding for the quarter that ended in Jun. 2024 was 94.50.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. VCI Global's Net-Net Working Capital per share for the quarter that ended in Jun. 2024 was €16.05.


VCI Global Accounts Receivable Historical Data

The historical data trend for VCI Global'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.

VCI Global Accounts Receivable Chart

VCI Global Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Accounts Receivable
- 0.77 3.17 2.22

VCI Global Semi-Annual Data
Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
Accounts Receivable Get a 7-Day Free Trial 2.36 3.17 5.93 2.22 6.61

VCI Global Accounts Receivable Calculation

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


VCI Global 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.

VCI Global's Days Sales Outstanding for the quarter that ended in Jun. 2024 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=6.614/12.773*91
=94.50

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

VCI Global's Net-Net Working Capital Per Share for the quarter that ended in Jun. 2024 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)
=(1.159+0.75 * 6.614+0.5 * 0-6.141
-0--1.177)/0.072
=16.05

* 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.


VCI Global Accounts Receivable Related Terms

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VCI Global Business Description

Traded in Other Exchanges
Address
No. 3 Jalan Bangsar 59200, B03-C-8 Menara 3A, KL Eco City, Kuala Lumpur, SGR, MYS, 59200
VCI Global Ltd is a holding company. The principal activities of the Company and its subsidiaries are the provision of business Strategy consultancy and technology development solution consultancy. The firm organized its consulting services into three main segments: Business Strategy Consultancy; Technology Consultancy; and Others. It derives the majority of its revenue from the Business Strategy Consultancy segment which focuses on listing solutions, investor relations, and boardroom strategies consultancy. It has established a diverse local and international clientele, providing them with its services in both local and cross-border listings. Its role begins with pre-listing diagnosis and planning to the finalization of the entire listing process.

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