Oppstar Bhd (XKLS:0275) Accounts Receivable : RM25.29 Mil (As of Dec. 2024)

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What is Oppstar Bhd Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Oppstar Bhd's accounts receivables for the quarter that ended in Dec. 2024 was RM25.29 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Oppstar Bhd's Days Sales Outstanding for the quarter that ended in Dec. 2024 was 102.57.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Oppstar Bhd's Net-Net Working Capital per share for the quarter that ended in Dec. 2024 was RM0.20.

Oppstar Bhd Accounts Receivable Historical Data

The historical data trend for Oppstar 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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Oppstar Bhd Accounts Receivable Chart

Oppstar Bhd Annual Data

Trend

Mar20

Mar21

Mar22

Mar23

Mar24

Accounts Receivable

1.82

1.07

2.60

16.85

26.59

Oppstar Bhd Quarterly Data
	Mar20	Mar21	Mar22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Accounts Receivable	Get a 7-Day Free Trial								26.33	26.59	32.49	29.90	25.29

Oppstar Bhd Accounts Receivable Calculation

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

Oppstar 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.

Oppstar Bhd's Days Sales Outstanding for the quarter that ended in Dec. 2024 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	25.293	/	22.502	*	91
=	102.57

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

Oppstar Bhd's Net-Net Working Capital Per Share for the quarter that ended in Dec. 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)
=	(113.036	+	0.75 * 25.293	+	0.5 * 0	-	4.212
-	0	-	0.064)	/	640.644
=	0.20

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.

Oppstar Bhd Accounts Receivable Related Terms

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Oppstar Bhd Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » Oppstar Bhd (XKLS:0275) » Definitions » Accounts Receivable

Comparable Companies

Traded in Other Exchanges

N/A

Address

Sains USM 10, Persiaran Bukit Jambul, Level 6, I2U Building, Bayan Lepas, PNG, MYS, 11900

Website

https://www.oppstar.com.my

Oppstar Bhd is an investment holding company. Through its subsidiaries, it is principally involved in the provision of IC design services covering front-end design, back-end design, and complete turnkey solutions. The company also provides other related services such as post-silicon validation services, software and engineering solutions, research and development on engineering and technology, provision of sales and marketing services, technical support, and other related services. It operates in the following business segments; Turnkey Design Services which generates maximum revenue, Specific Design Services, and Other services. Geographically, the company generates a majority of its revenue from Northeast Asia and the rest from Southeast Asia.

Oppstar Bhd Headlines

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