SDS Group Bhd (XKLS:0212) Accounts Receivable : RM12.8 Mil (As of Dec. 2023)

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What is SDS Group Bhd Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. SDS Group Bhd's accounts receivables for the quarter that ended in Dec. 2023 was RM12.8 Mil.

Accounts receivable can be measured by Days Sales Outstanding. SDS Group Bhd's Days Sales Outstanding for the quarter that ended in Dec. 2023 was 13.58.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. SDS Group Bhd's Net-Net Working Capital per share for the quarter that ended in Dec. 2023 was RM-0.06.

SDS Group Bhd Accounts Receivable Historical Data

The historical data trend for SDS Group 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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SDS Group Bhd Accounts Receivable Chart

SDS Group Bhd Annual Data

Trend

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Accounts Receivable

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9.28

9.39

7.68

9.46

11.13

SDS Group Bhd Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Accounts Receivable	Get a 7-Day Free Trial															10.55	11.13	11.68	12.98	12.77

SDS Group Bhd Accounts Receivable Calculation

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

SDS Group 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.

SDS Group 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
=	12.765	/	85.745	*	91
=	13.58

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

SDS Group 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)
=	(32.14	+	0.75 * 12.765	+	0.5 * 8.616	-	69.984
-	0	-	0.641)	/	409.631
=	-0.06

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.

SDS Group Bhd Accounts Receivable Related Terms

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SDS Group Bhd (XKLS:0212) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » SDS Group Bhd (XKLS:0212) » Definitions » Accounts Receivable

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Traded in Other Exchanges

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Address

5, Jalan Selatan 8 (Off Jalan Kempas Lama), Kawasan Perusahaan Ringan Pulai, Johor Bahru, JHR, MYS, 81200

Website

https://www.sdsgroups.com

SDS Group Bhd is involved in the manufacturing and distribution of bakery products. The company's segment includes Wholesale segment, which includes manufacturing of products and dealing directly with ultimate customers through the Group's retail outlets; Retail segment, which includes manufacturing of products and distributing to the retailer through the Group's fleet of lorries. and Other. It generates maximum revenue from the wholesale segment. Geographically the business presence of the group is seen in Malaysia, Singapore, and Indonesia of which the Malaysia region accounts for a majority of revenue.

SDS Group Bhd (XKLS:0212) Headlines

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