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Zelan Bhd (XKLS:2283) Accounts Receivable : RM60.06 Mil (As of Dec. 2024)


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What is Zelan Bhd Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Zelan Bhd's accounts receivables for the quarter that ended in Dec. 2024 was RM60.06 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Zelan Bhd's Days Sales Outstanding for the quarter that ended in Dec. 2024 was 727.29.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Zelan Bhd's Net-Net Working Capital per share for the quarter that ended in Dec. 2024 was RM-0.56.


Zelan Bhd Accounts Receivable Historical Data

The historical data trend for Zelan 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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Zelan Bhd Accounts Receivable Chart

Zelan Bhd Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 56.76 46.96 41.86 304.96 60.06

Zelan 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 304.96 322.36 328.33 305.06 60.06

Zelan Bhd Accounts Receivable Calculation

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


Zelan 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.

Zelan 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
=60.056/7.535*91
=727.29

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

Zelan 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)
=(3.851+0.75 * 60.056+0.5 * 0-522.397
-0--0.331)/844.895
=-0.56

* 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.


Zelan Bhd Accounts Receivable Related Terms

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Zelan Bhd Business Description

Traded in Other Exchanges
N/A
Address
No. 1, Jalan Tasik Permaisuri 2, 24th Floor, Wisma Zelan, Bandar Tun Razak, Cheras, Kuala Lumpur, SGR, MYS, 56000
Zelan Bhd is a company involved in the engineering and construction business sector. The company business segments are the Engineering and Construction segment which includes projects in Indonesia, the Middle East, and Malaysia, the Property and Development business segment, which includes rental income, car park income, and management fees; the Asset facility management business segment are asset management services provided for the concession agreement; and Investment business segment includes rental income. The majority of the revenue is derived from the Engineering and Construction segment.

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