Chemlite Innovation Bhd (XKLS:0348) Accounts Receivable: RM9.19 Mil (As of Jun. 2026)

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XKLS:0348 Chemlite Innovation Bhd XKLS:0348
21 GF Score
Price RM0.21
! 4 Warning Signs
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What is Chemlite Innovation Bhd Accounts Receivable?

Chemlite Innovation Bhd XKLS:0348 21 Accounts Receivable is RM9.19 Mil as of Jun. 2026. GuruFocus rates XKLS:0348 with a GF Score™ of 21/100. The stock has 4 warning signs investors should review.

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Chemlite Innovation Bhd's accounts receivables for the quarter that ended in Jun. 2026 was RM9.19 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Chemlite Innovation Bhd's Days Sales Outstanding for the quarter that ended in Jun. 2026 was 89.25.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Chemlite Innovation Bhd's Net-Net Working Capital per share for the quarter that ended in Jun. 2026 was RM0.01.


Chemlite Innovation 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.

Chemlite Innovation Bhd's Days Sales Outstanding for the quarter that ended in Jun. 2026 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=9.186/9.392*91
=89.25

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

Chemlite Innovation Bhd's Net-Net Working Capital Per Share for the quarter that ended in Jun. 2026 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)
=(7.894+0.75 * 9.186+0.5 * 7.702-12.602
-0-0)/600.000
=0.01

* 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.


Chemlite Innovation Bhd Accounts Receivable Related Terms


Chemlite Innovation Bhd Accounts Receivable Historical Data

* Premium members only.

The historical data trend for Chemlite Innovation 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.

Chemlite Innovation Bhd Accounts Receivable Chart

Chemlite Innovation Bhd Annual Data
Trend Dec21 Dec22 Dec23 Dec24 Dec25
Accounts Receivable
4.46 6.08 6.59 9.30 10.11

Chemlite Innovation Bhd Quarterly Data
Dec21 Dec22 Dec23 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Accounts Receivable Get a 7-Day Free Trial Premium Member Only Premium Member Only 9.14 11.16 10.11 9.59 9.19
XKLS:0348
21GF Score
Chemlite Innovation Bhd XKLS:0348
Accounts Receivable is just one metric. See GF Score™, valuation, warning signs, and more.
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Chemlite Innovation 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 RM9.19 Mil mean?
Chemlite Innovation Bhd (XKLS:0348) has a Accounts Receivable of RM9.19 Mil as of Jun. 2026. Accounts receivable is the amount a company expects to receive from credit-extending customers. View historical data on Chemlite Innovation Bhd and its competitors.
Is Chemlite Innovation Bhd's Accounts Receivable too high?
Chemlite Innovation Bhd's current Accounts Receivable is RM9.19 Mil. Overall, Chemlite Innovation Bhd has a GF Score™ of 21/100, reflecting its overall financial health beyond just this single metric.
How does Chemlite Innovation Bhd's Accounts Receivable compare to ATI and CRS?
Chemlite Innovation Bhd's Accounts Receivable of RM9.19 Mil can be compared against companies in the Industrial Products 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 an Industrial Products company?
A good Accounts Receivable depends on the Industrial Products 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 Chemlite Innovation Bhd and its competitors. Chemlite Innovation Bhd's current Accounts Receivable is RM9.19 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Chemlite Innovation Bhd stock overvalued right now?
Chemlite Innovation Bhd (XKLS:0348) has a current Accounts Receivable of RM9.19 Mil. The current Accounts Receivable is RM9.19 Mil. Chemlite Innovation Bhd's overall GF Score™ is 21/100 with 4 warning signs to review. 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 Chemlite Innovation Bhd (XKLS:0348), the current Accounts Receivable is RM9.19 Mil as of Jun. 2026. 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.

Chemlite Innovation Bhd Business Description

Address No. 1297, Lorong Perindustrian Bukit Minyak 22, Taman Perindustrian Bukit Minyak (Penang Science Park, Simpang Ampat, PNG, MYS, 14100
Chemlite Innovation Bhd operates in the engineering support industry. It provide surface finishing treatment services to companies operating in the semiconductor and E&E industries. It specialises in the provision of metal plating services on intermediate metal products, plating a composition of multi-layer metal coatings. It also provide non-metal plating services on intermediate metal products, which include anodising and other non-metal plating services. The company operates in two business segments: Metal plating and Non-metal plating. Key revenue is generated from Metal plating, which includes the deposition of additional layers of metal coatings onto the surface of the intermediate metal products. It generates maximum revenue from Malaysia.
21GF Score

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Accounts Receivable is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

RM0.21
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