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BM GreenTech Bhd (XKLS:0168) Accounts Receivable : RM108.8 Mil (As of Sep. 2024)


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What is BM GreenTech Bhd Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. BM GreenTech Bhd's accounts receivables for the quarter that ended in Sep. 2024 was RM108.8 Mil.

Accounts receivable can be measured by Days Sales Outstanding. BM GreenTech Bhd's Days Sales Outstanding for the quarter that ended in Sep. 2024 was 72.37.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. BM GreenTech Bhd's Net-Net Working Capital per share for the quarter that ended in Sep. 2024 was RM0.06.


BM GreenTech Bhd Accounts Receivable Historical Data

The historical data trend for BM GreenTech 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.

BM GreenTech Bhd Accounts Receivable Chart

BM GreenTech Bhd Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 62.50 72.43 69.40 93.31 106.20

BM GreenTech Bhd Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 83.27 94.10 106.20 107.35 108.77

BM GreenTech Bhd Accounts Receivable Calculation

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


BM GreenTech 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.

BM GreenTech Bhd's Days Sales Outstanding for the quarter that ended in Sep. 2024 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=108.771/137.138*91
=72.37

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

BM GreenTech Bhd's Net-Net Working Capital Per Share for the quarter that ended in Sep. 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)
=(95.434+0.75 * 108.771+0.5 * 78.013-170.295
-0-14.789)/516
=0.06

* 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.


BM GreenTech Bhd Accounts Receivable Related Terms

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BM GreenTech Bhd Business Description

Traded in Other Exchanges
N/A
Address
Lot 875, Jalan Subang 8, Taman Perindustrian Subang, Selangor Darul Ehsan, Subang Jaya, SGR, MYS, 47620
BM GreenTech Bhd is a company based in Malaysia. The company's operating business segments include Bio-Energy, Water Treatment, and Solar Energy. The majority of its revenue is generated from the Bio-Energy segment. This segment is involved in the manufacturing, installation, and technical support of bio-energy systems, which includes the generation of energy from bio-based materials, technical support, and trading of related parts and accessories. Geographically the company generates the majority of its revenue from Malaysia and Indonesia.

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