Sedania Innovator Bhd (XKLS:0178) Accounts Receivable: RM17.14 Mil (As of Jun. 2024)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

What is Sedania Innovator Bhd Accounts Receivable?

Sedania Innovator Bhd XKLS:0178 -4.35% Accounts Receivable is RM17.14 Mil as of Jun. 2024.

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Sedania Innovator Bhd's accounts receivables for the quarter that ended in Jun. 2024 was RM17.14 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Sedania Innovator Bhd's Days Sales Outstanding for the quarter that ended in Jun. 2024 was 110.09.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Sedania Innovator Bhd's Net-Net Working Capital per share for the quarter that ended in Jun. 2024 was RM-0.04.

Sedania Innovator 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.

Sedania Innovator 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
=17.141/14.207*91
=110.09

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

Sedania Innovator 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)
=(7.737+0.75 * 17.141+0.5 * 5.851-21.894
-0-14.827)/365.352
=-0.04

* 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.

Sedania Innovator Bhd Accounts Receivable Related Terms

Sedania Innovator Bhd Accounts Receivable Historical Data

* Premium members only.

The historical data trend for Sedania Innovator 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.

Sedania Innovator Bhd Accounts Receivable Chart

Sedania Innovator Bhd Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
Accounts Receivable
Get a 7-Day Free Trial 15.40 4.85 5.76 2.53 6.61

Sedania Innovator Bhd Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 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 17.26 15.95 23.21 21.23 17.14

Sedania Innovator Bhd Accounts Receivable Calculation

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

Frequently Asked Questions Learn more about Accounts Receivable →
What does a Accounts Receivable of RM17.14 Mil mean?
Sedania Innovator Bhd (XKLS:0178) has a Accounts Receivable of RM17.14 Mil as of Jun. 2024. Accounts receivable is the amount a company expects to receive from credit-extending customers. View historical data on Sedania Innovator Bhd and its competitors.
Is Sedania Innovator Bhd's Accounts Receivable too high?
Sedania Innovator Bhd's current Accounts Receivable is RM17.14 Mil.
How does Sedania Innovator Bhd's Accounts Receivable compare to PG and CL?
Sedania Innovator Bhd's Accounts Receivable of RM17.14 Mil can be compared against companies in the Consumer Packaged Goods industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Accounts Receivable for a Consumer Packaged Goods company?
A good Accounts Receivable depends on the Consumer Packaged Goods industry context. However, Accounts Receivable should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Accounts Receivable mean?
A high Accounts Receivable can signal that a stock is expensive relative to its fundamentals. Accounts receivable is the amount a company expects to receive from credit-extending customers. View historical data on Sedania Innovator Bhd and its competitors. Sedania Innovator Bhd's current Accounts Receivable is RM17.14 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sedania Innovator Bhd stock overvalued right now?
Sedania Innovator Bhd (XKLS:0178) has a current Accounts Receivable of RM17.14 Mil. The current Accounts Receivable is RM17.14 Mil. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Accounts Receivable calculated?
Accounts Receivable is calculated from a company's financial statements. For Sedania Innovator Bhd (XKLS:0178), the current Accounts Receivable is RM17.14 Mil as of Jun. 2024. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Sedania Innovator Bhd Business Description

Address Jalan SS6/2, Level 7, 10 and 11, Kelana Parkview Tower, Petaling Jaya, SGR, MYS, 47301
Sedania Innovator Bhd is an investment holding company. Along with its subsidiaries, the company provides energy efficiency and renewable energy solutions, digital and telecommunication solutions, Shariah-compliant banking platforms, and health products. It operates in the following reportable segments: Sustainable fast-moving consumer goods (FMCG), Sustainable Energy, and Sustainable consumer technology. Maximum revenue is generated from its Sustainable FMCG segment, which offers essential, eco-friendly products focused on mother care, healthcare, personal care, household, and baby products designed for health-conscious families. Geographically, the company derives a majority of its revenue from Malaysia and the rest from Europe, Other Asian countries, and other regions.