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Kluang Rubber Co Malaya Bhd (XKLS:2453) Accounts Receivable : RM3.13 Mil (As of Dec. 2024)


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What is Kluang Rubber Co Malaya Bhd Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Kluang Rubber Co Malaya Bhd's accounts receivables for the quarter that ended in Dec. 2024 was RM3.13 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Kluang Rubber Co Malaya Bhd's Days Sales Outstanding for the quarter that ended in Dec. 2024 was 25.88.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Kluang Rubber Co Malaya Bhd's Net-Net Working Capital per share for the quarter that ended in Dec. 2024 was RM-6.08.


Kluang Rubber Co Malaya Bhd Accounts Receivable Historical Data

The historical data trend for Kluang Rubber Co Malaya 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.

* Premium members only.

Kluang Rubber Co Malaya Bhd Accounts Receivable Chart

Kluang Rubber Co Malaya Bhd Annual Data
Trend Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.83 21.42 1.75 1.17 2.26

Kluang Rubber Co Malaya 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 3.74 4.00 2.26 3.25 3.13

Kluang Rubber Co Malaya Bhd Accounts Receivable Calculation

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


Kluang Rubber Co Malaya 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.

Kluang Rubber Co Malaya 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
=3.127/11.025*91
=25.88

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

Kluang Rubber Co Malaya 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)
=(306.759+0.75 * 3.127+0.5 * 0.944-62.741
-0-624.89)/62.167
=-6.08

* 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.


Kluang Rubber Co Malaya Bhd Accounts Receivable Related Terms

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Kluang Rubber Co Malaya Bhd Business Description

Traded in Other Exchanges
N/A
Address
Batu 2 Jalan Mengkibol, Kluang Estate, P.O. Box 64, Kluang, JHR, MYS, 86007
Kluang Rubber Co Malaya Bhd is an investment holding company. It has two reportable segments: Plantation and Investments. Its Plantation segment is engaged in the cultivation of oil palm. The Investments segment is engaged in the long-term portfolio investment in securities, deposits with banks, and investment properties. It generates maximum revenue from the Plantation segment. Geographically, it derives a majority of its revenue from Malaysia and also has its presence in Singapore, Hong Kong, United Kingdom, Cayman Islands and Australia.

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