Symphony Life Bhd (XKLS:1538) Accounts Receivable : RM19.28 Mil (As of Dec. 2024)

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What is Symphony Life Bhd Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Symphony Life Bhd's accounts receivables for the quarter that ended in Dec. 2024 was RM19.28 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Symphony Life Bhd's Days Sales Outstanding for the quarter that ended in Dec. 2024 was 369.35.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Symphony Life Bhd's Net-Net Working Capital per share for the quarter that ended in Dec. 2024 was RM-0.13.

Symphony Life Bhd Accounts Receivable Historical Data

The historical data trend for Symphony Life 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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Symphony Life Bhd Accounts Receivable Chart

Symphony Life Bhd Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Accounts Receivable

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69.14

101.53

66.69

56.24

26.19

Symphony Life Bhd Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Accounts Receivable	Get a 7-Day Free Trial															43.08	26.19	26.69	19.83	19.28

Symphony Life Bhd Accounts Receivable Calculation

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

Symphony Life 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.

Symphony Life 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
=	19.279	/	4.763	*	91
=	369.35

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

Symphony Life 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)
=	(38.308	+	0.75 * 19.279	+	0.5 * 192.334	-	260.932
-	0	-	-23.702)	/	655.176
=	-0.13

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.

Symphony Life Bhd Accounts Receivable Related Terms

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Symphony Life Bhd Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Symphony Life Bhd (XKLS:1538) » Definitions » Accounts Receivable

Traded in Other Exchanges

N/A

Address

No. 5, Jalan Prof. Khoo Kay Kim, Seksyen 13, 01-3, 3rd Floor, Menara Symphony, Petaling Jaya, SGR, MYS, 46200

Website

http://www.symphonylife.my

Symphony Life Bhd is a property developer in Malaysia. The company's core business activities are categorized into four key segments, the Property development segment comprises property development, property management, and maintenance and property marketing consultancy; the Property investment segment is involved in the property investment and property management and maintenance; the Construction segment comprises incorporating construction works, and Other operations comprise other investments and investment holdings. The company predominantly carries out its operations in Malaysia. It derives a majority of the revenue from the Property development segment.

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