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Padini Holdings Bhd (Padini Holdings Bhd) Accounts Receivable : $5.76 Mil (As of Dec. 2023)


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What is Padini Holdings Bhd Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Padini Holdings Bhd's accounts receivables for the quarter that ended in Dec. 2023 was $5.76 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Padini Holdings Bhd's Days Sales Outstanding for the quarter that ended in Dec. 2023 was 4.89.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Padini Holdings Bhd's Net-Net Working Capital per share for the quarter that ended in Dec. 2023 was $0.10.


Padini Holdings Bhd Accounts Receivable Historical Data

The historical data trend for Padini 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.

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Padini Holdings Bhd Accounts Receivable Chart

Padini Holdings Bhd Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.18 2.03 1.83 2.29 2.09

Padini 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 4.58 2.68 2.09 3.04 5.76

Padini Holdings Bhd Accounts Receivable Calculation

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


Padini 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.

Padini 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
=5.757/107.365*91
=4.89

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

Padini 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)
=(159.685+0.75 * 5.757+0.5 * 72.961-134.79
-0-0)/657.910
=0.10

* 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.


Padini Holdings Bhd Accounts Receivable Related Terms

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Padini Holdings Bhd (Padini Holdings Bhd) Business Description

Traded in Other Exchanges
Address
Number 19, Jalan Jurunilai U1/20, Hicom Glenmarie Industrial Park, Shah Alam, MYS, 40150
Padini Holdings Bhd is a Malaysian investment holding company. The company and its subsidiaries are principally engaged in the retailing of the garments industry. The group has the following business segments: Investment holding; Apparel and footwear, and Management service. The company earns majority of its revenue from Apparel and footwear segment. These companies are the strategic business units of the Group. Vincci Ladies' Specialties Centre Sdn. Bhd, Padini Corporation Sdn. Bhd, Seed Corporation Sdn. Bhd, Yee Fong Hung (Malaysia) Sendirian Berhad, and Miki House Children's Wear Sdn. Bhd. Other operating segments comprise management services and investment holding. The business of the group is predominantly operated in Malaysia.

Padini Holdings Bhd (Padini Holdings Bhd) Headlines

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