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Nationgate Holdings Bhd (XKLS:0270) Accounts Receivable : RM176.7 Mil (As of Mar. 2024)


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What is Nationgate Holdings Bhd Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Nationgate Holdings Bhd's accounts receivables for the quarter that ended in Mar. 2024 was RM176.7 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Nationgate Holdings Bhd's Days Sales Outstanding for the quarter that ended in Mar. 2024 was 77.89.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Nationgate Holdings Bhd's Net-Net Working Capital per share for the quarter that ended in Mar. 2024 was RM-0.05.


Nationgate Holdings Bhd Accounts Receivable Historical Data

The historical data trend for Nationgate 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.

* Premium members only.

Nationgate Holdings Bhd Accounts Receivable Chart

Nationgate Holdings Bhd Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Accounts Receivable
101.10 147.73 166.65 221.57 132.69

Nationgate Holdings Bhd Quarterly Data
Dec19 Dec20 Jun21 Dec21 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Accounts Receivable Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only 181.27 156.07 166.03 132.69 176.70

Nationgate Holdings Bhd Accounts Receivable Calculation

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


Nationgate 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.

Nationgate Holdings Bhd's Days Sales Outstanding for the quarter that ended in Mar. 2024 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=176.704/207.009*91
=77.89

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

Nationgate Holdings Bhd's Net-Net Working Capital Per Share for the quarter that ended in Mar. 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)
=(88.143+0.75 * 176.704+0.5 * 339.77-479.34
-0-7.156)/2073.93
=-0.05

* 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.


Nationgate Holdings Bhd Accounts Receivable Related Terms

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Nationgate Holdings Bhd (XKLS:0270) Business Description

Traded in Other Exchanges
N/A
Address
2005, Tingkat Perusahaan Satu, Kawasan Perindustrian Prai, Pulau Pinang, Perai, PNG, MYS, 13600
Nationgate Holdings Bhd is engaged in the assembling and testing of electronic components and products to produce completed PCBs, semi-finished sub-assemblies, and fullyassembled electronic products as well as semiconductor devices.

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