GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » SSF Home Group Bhd (XKLS:0287) » Definitions » Accounts Receivable

SSF Home Group Bhd (XKLS:0287) Accounts Receivable : RM1.1 Mil (As of Jan. 2025)


View and export this data going back to 2023. Start your Free Trial

What is SSF Home Group Bhd Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. SSF Home Group Bhd's accounts receivables for the quarter that ended in Jan. 2025 was RM1.1 Mil.

Accounts receivable can be measured by Days Sales Outstanding. SSF Home Group Bhd's Days Sales Outstanding for the quarter that ended in Jan. 2025 was 2.50.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. SSF Home Group Bhd's Net-Net Working Capital per share for the quarter that ended in Jan. 2025 was RM0.05.


SSF Home Group Bhd Accounts Receivable Historical Data

The historical data trend for SSF Home 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.

* Premium members only.

SSF Home Group Bhd Accounts Receivable Chart

SSF Home Group Bhd Annual Data
Trend Apr20 Apr21 Apr22 Apr23 Apr24
Accounts Receivable
2.03 2.29 3.77 1.98 0.69

SSF Home Group Bhd Quarterly Data
Apr20 Apr21 Apr22 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25
Accounts Receivable Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only 0.59 0.69 0.80 1.64 1.08

SSF Home Group Bhd Accounts Receivable Calculation

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


SSF Home 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.

SSF Home Group Bhd's Days Sales Outstanding for the quarter that ended in Jan. 2025 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=1.08/39.451*91
=2.50

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

SSF Home Group Bhd's Net-Net Working Capital Per Share for the quarter that ended in Jan. 2025 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)
=(67.552+0.75 * 1.08+0.5 * 65.041-64.06
-0-0)/800.000
=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.


SSF Home Group Bhd Accounts Receivable Related Terms

Thank you for viewing the detailed overview of SSF Home Group Bhd's Accounts Receivable provided by GuruFocus.com. Please click on the following links to see related term pages.


SSF Home Group Bhd Business Description

Traded in Other Exchanges
N/A
Address
Hap Seng Business Park, Persiaran Perusahaan Kawasan Miel, Block 2-5, Shah Alam, SGR, MYS, 40300
SSF Home Group Bhd is an investment holding company. Through its subsidiaries, it is principally involved in the retail of furniture, home decor and home living products via its retail channel (retail outlets) and online channel (e-commerce website).

SSF Home Group Bhd Headlines

No Headlines