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MAA Group Bhd (XKLS:1198) Accounts Receivable : RM68.1 Mil (As of Sep. 2023)


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What is MAA Group Bhd Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. MAA Group Bhd's accounts receivables for the quarter that ended in Sep. 2023 was RM68.1 Mil.

Accounts receivable can be measured by Days Sales Outstanding. MAA Group Bhd's Days Sales Outstanding for the quarter that ended in Sep. 2023 was 295.14.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. MAA Group Bhd's Net-Net Working Capital per share for the quarter that ended in Sep. 2023 was RM-1.11.


MAA Group Bhd Accounts Receivable Historical Data

The historical data trend for MAA 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.

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MAA Group Bhd Accounts Receivable Chart

MAA Group Bhd Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Jun23
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 44.32 150.98 91.42 122.81 118.90

MAA Group Bhd Quarterly Data
Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Mar22 Sep22 Dec22 Mar23 Jun23 Sep23
Accounts Receivable Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 122.67 137.33 128.01 118.90 68.10

MAA Group Bhd Accounts Receivable Calculation

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


MAA 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.

MAA Group Bhd's Days Sales Outstanding for the quarter that ended in Sep. 2023 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=68.097/21.054*91
=295.14

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

MAA Group Bhd's Net-Net Working Capital Per Share for the quarter that ended in Sep. 2023 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)
=(13.674+0.75 * 68.097+0.5 * 0-390.498
-0--33.986)/263.732
=-1.11

* 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.


MAA Group Bhd Accounts Receivable Related Terms

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MAA Group Bhd (XKLS:1198) Business Description

Traded in Other Exchanges
N/A
Address
No. 566 Jalan Ipoh, 13th Floor, Kuala Lumpur, MYS, 51200
MAA Group Bhd is an investment holding company. The company along with its subsidiaries operates in given segments Investment holdings segment is engaged in investment holdings. General Insurance involves the underwriting of all classes of general insurance business. Education Services segment provides private tuition to students, tertiary education for certificates, diplomas, professional and post-graduate degrees; Credit Services involves provision of money lending, debt factoring and other credit activities and Hospitality Services involves provision of hospitality services, food and beverage, retailer of Cigars, and other services including logistics, renovation, facilities management service. It generates maximum revenue from the General insurance segment.

MAA Group Bhd (XKLS:1198) Headlines

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