GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Beverages - Non-Alcoholic » Fraser & Neave Holdings Bhd (XKLS:3689) » Definitions » Accounts Receivable

Fraser & Neave Holdings Bhd (XKLS:3689) Accounts Receivable : RM896 Mil (As of Mar. 2024)


View and export this data going back to 1970. Start your Free Trial

What is Fraser & Neave Holdings Bhd Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Fraser & Neave Holdings Bhd's accounts receivables for the quarter that ended in Mar. 2024 was RM896 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Fraser & Neave Holdings Bhd's Days Sales Outstanding for the quarter that ended in Mar. 2024 was 60.49.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Fraser & Neave Holdings Bhd's Net-Net Working Capital per share for the quarter that ended in Mar. 2024 was RM0.62.


Fraser & Neave Holdings Bhd Accounts Receivable Historical Data

The historical data trend for Fraser & Neave 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.

* Premium members only.

Fraser & Neave Holdings Bhd Accounts Receivable Chart

Fraser & Neave Holdings Bhd Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 432.63 443.54 415.39 523.08 573.97

Fraser & Neave Holdings Bhd Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 775.10 786.26 573.97 821.59 896.44

Fraser & Neave Holdings Bhd Accounts Receivable Calculation

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


Fraser & Neave 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.

Fraser & Neave Holdings Bhd's Days Sales Outstanding for the quarter that ended in Mar. 2024 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=896.436/1352.385*91
=60.49

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

Fraser & Neave Holdings Bhd's Net-Net Working Capital Per Share for the quarter that ended in Mar. 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)
=(1067.735+0.75 * 896.436+0.5 * 844.04-1923.338
-0-9.648)/366.779
=0.62

* 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.


Fraser & Neave Holdings Bhd Accounts Receivable Related Terms

Thank you for viewing the detailed overview of Fraser & Neave Holdings Bhd's Accounts Receivable provided by GuruFocus.com. Please click on the following links to see related term pages.


Fraser & Neave Holdings Bhd (XKLS:3689) Business Description

Traded in Other Exchanges
N/A
Address
No. 1 Jalan Bukit Belimbing 26/38, Persiaran Kuala Selangor, Seksyen 26, Shah Alam, SGR, MYS, 40400
Fraser & Neave Holdings Bhd manufactures and sells canned milk, both condensed and evaporated, and other dairy products and soft drinks. The company manufactures its products in Malaysia and Thailand, and operates through four main segments: F&B Malaysia, F&B Thailand, Property and Others. F&B Malaysia and F&B Thailand manufacture both soft drinks and dairies. Fraser & Neave's core soft drink brands include 100PLUS, F&N Fun Flavours, F&N NutriSoy, F&N SEASONS, and F&N ICE MOUNTAIN. Its dairy brands include Carnation, Magnolia, Teapot, Farmhouse, Gold Coin, and F&N Fruit Tree. The company derives majority of its revenue from South East Asia.

Fraser & Neave Holdings Bhd (XKLS:3689) Headlines

No Headlines