WTK Holdings Bhd (XKLS:4243) Accounts Receivable : RM86.4 Mil (As of Dec. 2024)

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What is WTK Holdings Bhd Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. WTK Holdings Bhd's accounts receivables for the quarter that ended in Dec. 2024 was RM86.4 Mil.

Accounts receivable can be measured by Days Sales Outstanding. WTK Holdings Bhd's Days Sales Outstanding for the quarter that ended in Dec. 2024 was 46.12.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. WTK Holdings Bhd's Net-Net Working Capital per share for the quarter that ended in Dec. 2024 was RM-0.74.

WTK Holdings Bhd Accounts Receivable Historical Data

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

WTK Holdings Bhd Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Accounts Receivable

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38.75

30.05

41.47

49.66

86.43

WTK Holdings 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															49.66	57.01	84.58	56.05	86.43

WTK Holdings Bhd Accounts Receivable Calculation

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

WTK 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.

WTK Holdings 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
=	86.425	/	170.988	*	91
=	46.12

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

WTK Holdings 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)
=	(262.851	+	0.75 * 86.425	+	0.5 * 78.929	-	689.531
-	0	-	23.414)	/	467.807
=	-0.74

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.

WTK Holdings Bhd Accounts Receivable Related Terms

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WTK Holdings Bhd Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Conglomerates » WTK Holdings Bhd (XKLS:4243) » Definitions » Accounts Receivable

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Traded in Other Exchanges

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Address

No. 1, Jalan Bujang Suntong, Bangunan Hung Ann, Sibu, SWK, MYS, 96000

Website

https://www.wtkholdings.com

WTK Holdings Bhd is an investment holding company. The business activity of the firm functions through Timber, Plantation, Tapes, Food, and Investment holding, and other segments. The Timber segment is engaged in the extraction and sale of timber, the manufacture and sale of plywood, veneer, and sawn timber, and reforestation. The Plantation segment consists of upstream oil palm plantation activities and downstream palm oil mill operations. The Tapes segment is involved in the manufacture, and sales of adhesive and gummed tapes and the trading of tapes, foil, papers, and electrostatic discharge products. The Food segment is engaged in sales of frozen, chill, and consumer products. It has a business presence in Malaysia, Japan, Singapore, Taiwan, Australia and other countries.

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