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Master Tec Group Bhd (XKLS:0295) Accounts Receivable : RM100.7 Mil (As of Dec. 2024)


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What is Master Tec Group Bhd Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Master Tec Group Bhd's accounts receivables for the quarter that ended in Dec. 2024 was RM100.7 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Master Tec Group Bhd's Days Sales Outstanding for the quarter that ended in Dec. 2024 was 95.27.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Master Tec Group Bhd's Net-Net Working Capital per share for the quarter that ended in Dec. 2024 was RM0.02.


Master Tec Group Bhd Accounts Receivable Historical Data

The historical data trend for Master Tec 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.

Master Tec Group Bhd Accounts Receivable Chart

Master Tec Group Bhd Annual Data
Trend Dec20 Dec21 Dec22 Dec23 Dec24
Accounts Receivable
70.57 72.30 80.87 71.57 100.67

Master Tec Group Bhd Quarterly Data
Dec20 Dec21 Dec22 Jun23 Dec23 Mar24 Jun24 Sep24 Dec24
Accounts Receivable Get a 7-Day Free Trial Premium Member Only 71.57 64.77 71.85 68.33 100.67

Master Tec Group Bhd Accounts Receivable Calculation

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


Master Tec 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.

Master Tec Group 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
=100.67/96.423*91
=95.27

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

Master Tec Group 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)
=(55.545+0.75 * 100.67+0.5 * 34.852-126.046
-0-1.077)/1020.000
=0.02

* 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.


Master Tec Group Bhd Accounts Receivable Related Terms

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Master Tec Group Bhd Business Description

Traded in Other Exchanges
N/A
Address
RM1299-A Kawasan, Perindustrian Rembia, Alor Gajah, Melaka, MLA, MYS, 78000
Master Tec Group Bhd is an investment holding company. Through its subsidiary, it is involved in the manufacturing and distribution of power cables, control and instrumentation cables, and other related products, and the trading of power cables, fibre optic cables, and other related products.

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