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Malaysian Genomics Resource Centre Bhd (XKLS:0155) Accounts Receivable : RM13.28 Mil (As of Jun. 2024)


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What is Malaysian Genomics Resource Centre Bhd Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Malaysian Genomics Resource Centre Bhd's accounts receivables for the quarter that ended in Jun. 2024 was RM13.28 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Malaysian Genomics Resource Centre Bhd's Days Sales Outstanding for the quarter that ended in Jun. 2024 was 930.15.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Malaysian Genomics Resource Centre Bhd's Net-Net Working Capital per share for the quarter that ended in Jun. 2024 was RM0.05.


Malaysian Genomics Resource Centre Bhd Accounts Receivable Historical Data

The historical data trend for Malaysian Genomics Resource Centre 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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Malaysian Genomics Resource Centre Bhd Accounts Receivable Chart

Malaysian Genomics Resource Centre Bhd Annual Data
Trend Jun12 Jun13 Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 9.70 7.78 6.89 - 3.38

Malaysian Genomics Resource Centre Bhd Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Sep23 Mar24 Jun24
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 28.67 26.63 19.45 13.48 13.28

Malaysian Genomics Resource Centre Bhd Accounts Receivable Calculation

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


Malaysian Genomics Resource Centre 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.

Malaysian Genomics Resource Centre Bhd's Days Sales Outstanding for the quarter that ended in Jun. 2024 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=13.282/1.303*91
=930.15

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

Malaysian Genomics Resource Centre Bhd'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)
=(0.239+0.75 * 13.282+0.5 * 0.899-4.682
-0--0.426)/137.21
=0.05

* 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.


Malaysian Genomics Resource Centre Bhd Accounts Receivable Related Terms

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Malaysian Genomics Resource Centre Bhd Business Description

Traded in Other Exchanges
N/A
Address
8F, Jalan Teknologi 3/6, Taman Sains, Petaling Jaya, SGR, MYS, 47810
Malaysian Genomics Resource Centre Bhd is a Malaysia-based company engaged in providing laboratory services. It primarily offers genome sequencing and analysis (GSA) services, genetic screening services (GSS), and pathology services. GSA services involve the sequencing and analysis of the DNA of humans, animals, plants, and microbes, to discover meaningful biological information. The company is engaged in providing GSS by developing its own range of genetic screening tests under the brand Dtect which screen human DNA for genetic markers related to diseases and health conditions. It derives the majority of its revenue from Pathology services.

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