AGX Group Bhd (XKLS:0299) Accounts Receivable : RM38.9 Mil (As of Dec. 2022)

View and export this data going back to 2024. Start your Free Trial

What is AGX Group Bhd Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. AGX Group Bhd's accounts receivables for the quarter that ended in Dec. 2022 was RM38.9 Mil.

Accounts receivable can be measured by Days Sales Outstanding. AGX Group Bhd's Days Sales Outstanding for the quarter that ended in Dec. 2022 was 30.26.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. AGX Group Bhd's Net-Net Working Capital per share for the quarter that ended in Dec. 2022 was RM-0.00.

AGX Group Bhd Accounts Receivable Historical Data

The historical data trend for AGX 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.

AGX Group Bhd Accounts Receivable Chart

AGX Group Bhd Annual Data

Trend

Dec20

Dec21

Dec22

Accounts Receivable

41.13

52.17

38.87

AGX Group Bhd Semi-Annual Data
	Dec20	Dec21	Dec22
Accounts Receivable	41.13	52.17	38.87

AGX Group Bhd Accounts Receivable Calculation

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

AGX 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.

AGX Group Bhd's Days Sales Outstanding for the quarter that ended in Dec. 2022 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	38.873	/	234.429	*	91
=	30.26

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

AGX Group Bhd's Net-Net Working Capital Per Share for the quarter that ended in Dec. 2022 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)
=	(13.216	+	0.75 * 38.873	+	0.5 * 0	-	42.797
-	0	-	0.001)	/	432.866
=	-0.00

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.

AGX Group Bhd Accounts Receivable Related Terms

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

AGX Group Bhd (XKLS:0299) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » AGX Group Bhd (XKLS:0299) » Definitions » Accounts Receivable

Comparable Companies

Traded in Other Exchanges

N/A

Address

Jalan USJ 10/1A, Unit 1A-C and Unit 2A-C, 2nd Floor, Pusat Perniagaan USJ 10, UEP Subang Jaya, SGR, MYS, 47610

Website

https://www.agxlogistics.com

AGX Group Bhd is a logistics service provider. It is a 3PL service provider that comprises sea and air freight forwarding, aerospace logistics, warehousing and other 3PL, and road freight transportation services. It also provides services to assist senders or receivers in transporting their goods from the point of origin to their final destinations and has services in all the countries and has a physical presence, namely Malaysia, the Philippines, Korea, Myanmar, and Singapore. Its sea and air freight forwarding services are mostly concerned with organizing the transportation of cargo for our customers, starting from the point of origin and ending when the freight is delivered to its final destination. Sea and air freight forwarding services generate maximum revenue for the company.

AGX Group Bhd (XKLS:0299) Headlines

No Headlines