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Selangor Dredging Bhd (XKLS:2224) Accounts Receivable : RM40.5 Mil (As of Dec. 2024)


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What is Selangor Dredging Bhd Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Selangor Dredging Bhd's accounts receivables for the quarter that ended in Dec. 2024 was RM40.5 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Selangor Dredging Bhd's Days Sales Outstanding for the quarter that ended in Dec. 2024 was 35.57.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Selangor Dredging Bhd's Net-Net Working Capital per share for the quarter that ended in Dec. 2024 was RM-1.07.


Selangor Dredging Bhd Accounts Receivable Historical Data

The historical data trend for Selangor Dredging 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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Selangor Dredging Bhd Accounts Receivable Chart

Selangor Dredging Bhd Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 43.38 38.63 28.06 23.67 25.12

Selangor Dredging 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 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 236.95 25.12 40.36 36.88 40.49

Selangor Dredging Bhd Accounts Receivable Calculation

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


Selangor Dredging 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.

Selangor Dredging 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
=40.487/103.858*91
=35.57

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

Selangor Dredging 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)
=(54.966+0.75 * 40.487+0.5 * 158.466-618.605
-0-0)/426.128
=-1.07

* 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.


Selangor Dredging Bhd Accounts Receivable Related Terms

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Selangor Dredging Bhd Business Description

Traded in Other Exchanges
N/A
Address
142-C, Jalan Ampang, 18th Floor, West Block, Wisma Golden Eagle Realty, Kuala Lumpur, SGR, MYS, 50450
Selangor Dredging Bhd is an investment holding company with its subsidiary engaged in the provision of management services, investment holding, property leasing, property development, hotel operation, property support, and management services, trading and installation of energy-efficient products, and property investment. Its operating segments are Property investment, Hotel operations, Investment holding, Property Development, and Others. The majority of the revenue is derived from the Property development business segment which relates to the development of property activities. It generates the majority of its revenues from Malaysia and also has its presence in Singapore.

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