Associated Air-Pak Industries Bhd (XKLS:03067) Accounts Receivable: RM9.56 Mil (As of Dec. 2025)

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What is Associated Air-Pak Industries Bhd Accounts Receivable?

Associated Air-Pak Industries Bhd XKLS:03067 Accounts Receivable is RM9.56 Mil as of Dec. 2025. The stock has 3 warning signs investors should review.

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Associated Air-Pak Industries Bhd's accounts receivables for the quarter that ended in Dec. 2025 was RM9.56 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Associated Air-Pak Industries Bhd's Days Sales Outstanding for the quarter that ended in Dec. 2025 was 67.25.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Associated Air-Pak Industries Bhd's Net-Net Working Capital per share for the quarter that ended in Dec. 2025 was RM-0.16.

Associated Air-Pak Industries 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.

Associated Air-Pak Industries Bhd's Days Sales Outstanding for the quarter that ended in Dec. 2025 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=9.561/12.973*91
=67.25

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

Associated Air-Pak Industries Bhd's Net-Net Working Capital Per Share for the quarter that ended in Dec. 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)
=(2.228+0.75 * 9.561+0.5 * 9.704-42.77
-0-0)/180.821
=-0.16

* 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.

Associated Air-Pak Industries Bhd Accounts Receivable Related Terms

Associated Air-Pak Industries Bhd Accounts Receivable Historical Data

* Premium members only.

The historical data trend for Associated Air-Pak Industries 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.

Associated Air-Pak Industries Bhd Accounts Receivable Chart

Associated Air-Pak Industries Bhd Annual Data
Trend Dec23 Dec24 Dec25
Accounts Receivable
5.95 7.46 9.56

Associated Air-Pak Industries Bhd Quarterly Data
Dec23 Dec24 Sep25 Dec25
Accounts Receivable 5.95 7.46 7.14 9.56

Associated Air-Pak Industries Bhd Accounts Receivable Calculation

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

Frequently Asked Questions Learn more about Accounts Receivable →
What does a Accounts Receivable of RM9.56 Mil mean?
Associated Air-Pak Industries Bhd (XKLS:03067) has a Accounts Receivable of RM9.56 Mil as of Dec. 2025. Accounts receivable is the amount a company expects to receive from credit-extending customers. View historical data on Associated Air-Pak Industries Bhd and its competitors.
Is Associated Air-Pak Industries Bhd's Accounts Receivable too high?
Associated Air-Pak Industries Bhd's current Accounts Receivable is RM9.56 Mil.
How does Associated Air-Pak Industries Bhd's Accounts Receivable compare to SW and AMCR?
Associated Air-Pak Industries Bhd's Accounts Receivable of RM9.56 Mil can be compared against companies in the Packaging & Containers industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Accounts Receivable for a Packaging & Containers company?
A good Accounts Receivable depends on the Packaging & Containers industry context. However, Accounts Receivable should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Accounts Receivable mean?
A high Accounts Receivable can signal that a stock is expensive relative to its fundamentals. Accounts receivable is the amount a company expects to receive from credit-extending customers. View historical data on Associated Air-Pak Industries Bhd and its competitors. Associated Air-Pak Industries Bhd's current Accounts Receivable is RM9.56 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Associated Air-Pak Industries Bhd stock overvalued right now?
Associated Air-Pak Industries Bhd (XKLS:03067) has a current Accounts Receivable of RM9.56 Mil. The current Accounts Receivable is RM9.56 Mil. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Accounts Receivable calculated?
Accounts Receivable is calculated from a company's financial statements. For Associated Air-Pak Industries Bhd (XKLS:03067), the current Accounts Receivable is RM9.56 Mil as of Dec. 2025. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Associated Air-Pak Industries Bhd Business Description

Address 9, Persiaran Rishah 9, Kawasan Perindustrian Silibin, Perak Darul Ridzuan, Ipoh, PRK, MYS, 30100
Associated Air-Pak Industries Bhd is a manufacturer of Expanded Polyethylene Foam and Expanded Polystyrene Foam sheet. It provides range of packaging products such as Bubblepak, Expanded PE Foam, Polyethylene Films, Multi-laminated Structures, and Rolls/Sheets/Trays.