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SMTrack Bhd (XKLS:0169) Accounts Receivable : RM6.94 Mil (As of Dec. 2023)


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What is SMTrack Bhd Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. SMTrack Bhd's accounts receivables for the quarter that ended in Dec. 2023 was RM6.94 Mil.

Accounts receivable can be measured by Days Sales Outstanding. SMTrack Bhd's Days Sales Outstanding for the quarter that ended in Dec. 2023 was 100.95.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. SMTrack Bhd's Net-Net Working Capital per share for the quarter that ended in Dec. 2023 was RM-0.03.


SMTrack Bhd Accounts Receivable Historical Data

The historical data trend for SMTrack 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.

SMTrack Bhd Accounts Receivable Chart

SMTrack Bhd Annual Data
Trend Sep10 Sep11 Sep12 Sep13 Mar15 Jul16 Jul17 Jul18 Jul19
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only 0.47 1.60 1.53 1.94 3.62

SMTrack Bhd Quarterly Data
Jul18 Oct18 Jan19 Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Oct21 Mar22 Jun22 Sep22 Dec22 Mar23 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 0.52 - 11.24 7.03 6.94

SMTrack Bhd Accounts Receivable Calculation

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


SMTrack 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.

SMTrack 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
=6.939/6.272*91
=100.95

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

SMTrack 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)
=(0.33+0.75 * 6.939+0.5 * 3.641-36.993
-0-7.931)/1222.97
=-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.


SMTrack Bhd Accounts Receivable Related Terms

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SMTrack Bhd (XKLS:0169) Business Description

Traded in Other Exchanges
N/A
Address
Unit 29-7, 7th Floor, The Bouvelard, Mid Valley City, Wilayah Persekutuan, Kuala Lumpur, SGR, MYS, 59200
SMTrack Bhd is engaged in a track and trace solutions provider that utilizes Radio Frequency Identification (RFID). It involves the design, deployment, and distribution of radiofrequency identity tags and other tagging solutions using information technology. It also offers the provision of training, maintenance, and consultancy services. The company is engaged in Investment holding and others segment, Delivery segment and Beauty and wellness segment. It derives majority of its revenues from the Investment holding and others segment and has operations spread across Malaysia.

SMTrack Bhd (XKLS:0169) Headlines

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