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Hextar Industries Bhd (XKLS:0161) Accounts Receivable : RM205.0 Mil (As of Dec. 2024)


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What is Hextar Industries Bhd Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Hextar Industries Bhd's accounts receivables for the quarter that ended in Dec. 2024 was RM205.0 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Hextar Industries Bhd's Days Sales Outstanding for the quarter that ended in Dec. 2024 was 94.19.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Hextar Industries Bhd's Net-Net Working Capital per share for the quarter that ended in Dec. 2024 was RM-0.03.


Hextar Industries Bhd Accounts Receivable Historical Data

The historical data trend for Hextar Industries 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.

* Premium members only.

Hextar Industries Bhd Accounts Receivable Chart

Hextar Industries Bhd Annual Data
Trend Aug14 Aug15 Aug16 Aug17 Aug18 Aug19 Aug20 Aug21 Dec23 Dec24
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 40.08 48.58 40.79 199.50 204.97

Hextar Industries Bhd Quarterly Data
Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Nov22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 199.50 254.16 276.11 277.99 204.97

Hextar Industries Bhd Accounts Receivable Calculation

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


Hextar Industries 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.

Hextar Industries Bhd's Days Sales Outstanding for the quarter that ended in Dec. 2024 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=204.969/198.577*91
=94.19

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

Hextar Industries Bhd's Net-Net Working Capital Per Share for the quarter that ended in Dec. 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)
=(131.595+0.75 * 204.969+0.5 * 192.881-464.165
-0-2.783)/2747.342
=-0.03

* 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.


Hextar Industries Bhd Accounts Receivable Related Terms

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Hextar Industries Bhd Business Description

Traded in Other Exchanges
N/A
Address
Jalan Bayu Laut 4/KS09, No.63 & 64, Kota Bayuemas, Klang, SGR, MYS, 41200
Hextar Industries Bhd is engaged in the production and distribution of agrochemicals, fertilizers, seeds, and also research & development work for the industry. Its products include Agro Chemicals, Public Health, Industrial Chemicals, Specialty Chemicals, and Oil Field Chemicals. Its operating segments include Fertilizers; Heavy equipment; Equipment rental and Investment holding. The company derives a majority of its revenue from the fertilizer segment.

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