SFP Tech Holdings Bhd (XKLS:0251) Accounts Receivable : RM95.7 Mil (As of Sep. 2024)

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What is SFP Tech Holdings Bhd Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. SFP Tech Holdings Bhd's accounts receivables for the quarter that ended in Sep. 2024 was RM95.7 Mil.

Accounts receivable can be measured by Days Sales Outstanding. SFP Tech Holdings Bhd's Days Sales Outstanding for the quarter that ended in Sep. 2024 was 185.33.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. SFP Tech Holdings Bhd's Net-Net Working Capital per share for the quarter that ended in Sep. 2024 was RM0.01.

SFP Tech Holdings Bhd Accounts Receivable Historical Data

The historical data trend for SFP Tech Holdings 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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SFP Tech Holdings Bhd Accounts Receivable Chart

SFP Tech Holdings Bhd Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Receivable

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12.33

10.37

12.00

24.40

60.33

SFP Tech Holdings Bhd Quarterly Data
	Dec18	Dec19	Dec20	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Accounts Receivable	Get a 7-Day Free Trial										71.00	60.33	59.36	79.01	95.72

SFP Tech Holdings Bhd Accounts Receivable Calculation

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

SFP Tech Holdings 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.

SFP Tech Holdings 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
=	95.716	/	47.127	*	91
=	185.33

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

SFP Tech Holdings 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)
=	(44.69	+	0.75 * 95.716	+	0.5 * 18.884	-	111.671
-	0	-	0)	/	2400
=	0.01

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.

SFP Tech Holdings Bhd Accounts Receivable Related Terms

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SFP Tech Holdings Bhd Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » SFP Tech Holdings Bhd (XKLS:0251) » Definitions » Accounts Receivable

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Traded in Other Exchanges

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Address

Penang Science Park, MK13, Plot 322, Lorong Perindustrian Bukit Minyak 20, Kawasan Perindustrian, Bukit Minyak, Central Seberang Perai, Pulau Pinang, PNG, MYS, 14100

Website

https://www.sfptechholdings.com

SFP Tech Holdings Bhd is a Malayasia-based integrated one-stop automation equipment solution and engineering supporting service provider. company. It has two reportable segments which include Engineering Supporting Services, and Automation. Engineering Supporting Services include the provision of sheet metal fabrication, CNC machining, and mechanical assembly services. Automation includes the provision of automation equipment solutions and the trading of spare parts. The group's geographical segments include Malaysia, the United States, Singapore, and Others, from which it derives the majority of its revenue from Malaysia.

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