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Damansara Holdings Bhd (XKLS:3484) Accounts Receivable : RM97.4 Mil (As of Sep. 2022)


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What is Damansara Holdings Bhd Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Damansara Holdings Bhd's accounts receivables for the quarter that ended in Sep. 2022 was RM97.4 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Damansara Holdings Bhd's Days Sales Outstanding for the quarter that ended in Sep. 2022 was 166.11.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Damansara Holdings Bhd's Net-Net Working Capital per share for the quarter that ended in Sep. 2022 was RM-0.27.


Damansara Holdings Bhd Accounts Receivable Historical Data

The historical data trend for Damansara Holdings 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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Damansara Holdings Bhd Accounts Receivable Chart

Damansara Holdings Bhd Annual Data
Trend Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 29.23 16.65 40.92 105.16 46.23

Damansara Holdings Bhd Quarterly Data
Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Mar21 Sep21 Dec21 Mar22 Sep22
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 87.41 102.55 89.59 91.34 97.36

Damansara Holdings Bhd Accounts Receivable Calculation

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


Damansara Holdings 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.

Damansara Holdings Bhd's Days Sales Outstanding for the quarter that ended in Sep. 2022 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=97.355/53.48*91
=166.11

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

Damansara Holdings Bhd's Net-Net Working Capital Per Share for the quarter that ended in Sep. 2022 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)
=(33.25+0.75 * 97.355+0.5 * 3.83-192.309
-0-5.617)/326.779
=-0.27

* 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.


Damansara Holdings Bhd Accounts Receivable Related Terms

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Damansara Holdings Bhd (XKLS:3484) Business Description

Traded in Other Exchanges
N/A
Address
Wisma chase perdana, Lot 10.3, Level 10, Off Jalan Semantan, Damansara Heights, Kuala Lumpur, SGR, MYS, 50490
Damansara Holdings Bhd is an investment holding company. The group has structured its operations into the following business segments -Property and Land Development, Integrated Facility Management, Project Management Consultancy, and Holding company. The majority of the revenue is generated from the Integrated Facility Management segment which is engaged in the provision of property services comprising of general services, parking operation, trading of parking equipment, and the provision of related consultancy services.

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