Meridian Bhd (XKLS:5040) Accounts Receivable: RM0.84 Mil (As of May. 2025)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

What is Meridian Bhd Accounts Receivable?

Meridian Bhd XKLS:5040 -20.00% Accounts Receivable is RM0.84 Mil as of May. 2025.

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Meridian Bhd's accounts receivables for the quarter that ended in May. 2025 was RM0.84 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Meridian Bhd's Days Sales Outstanding for the quarter that ended in May. 2025 was 150.71.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Meridian Bhd's Net-Net Working Capital per share for the quarter that ended in May. 2025 was RM-0.25.


Meridian 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.

Meridian Bhd's Days Sales Outstanding for the quarter that ended in May. 2025 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=0.844/0.511*91
=150.71

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

Meridian Bhd's Net-Net Working Capital Per Share for the quarter that ended in May. 2025 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)
=(0.445+0.75 * 0.844+0.5 * 19.689-71.009
-0-0)/237.044
=-0.25

* 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.


Meridian Bhd Accounts Receivable Related Terms


Meridian Bhd Accounts Receivable Historical Data

* Premium members only.

The historical data trend for Meridian 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.

Meridian Bhd Accounts Receivable Chart

Meridian Bhd Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Jun20 Jun21 Jun22
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 9.21 9.84 8.85 0.80 0.51

Meridian Bhd Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Sep23 Feb24 May24 Aug24 Nov24 Feb25 May25
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 0.49 0.82 0.79 0.82 0.84

Meridian Bhd Accounts Receivable Calculation

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

Frequently Asked Questions Learn more about Accounts Receivable →
What does a Accounts Receivable of RM0.84 Mil mean?
Meridian Bhd (XKLS:5040) has a Accounts Receivable of RM0.84 Mil as of May. 2025. Accounts receivable is the amount a company expects to receive from credit-extending customers. View historical data on Meridian Bhd and its competitors.
Is Meridian Bhd's Accounts Receivable too high?
Meridian Bhd's current Accounts Receivable is RM0.84 Mil.
How does Meridian Bhd's Accounts Receivable compare to CBRE and BEKE?
Meridian Bhd's Accounts Receivable of RM0.84 Mil can be compared against companies in the Real Estate industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Accounts Receivable for a Real Estate company?
A good Accounts Receivable depends on the Real Estate industry context. However, Accounts Receivable should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Accounts Receivable mean?
A high Accounts Receivable can signal that a stock is expensive relative to its fundamentals. Accounts receivable is the amount a company expects to receive from credit-extending customers. View historical data on Meridian Bhd and its competitors. Meridian Bhd's current Accounts Receivable is RM0.84 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Meridian Bhd stock overvalued right now?
Meridian Bhd (XKLS:5040) has a current Accounts Receivable of RM0.84 Mil. The current Accounts Receivable is RM0.84 Mil. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Accounts Receivable calculated?
Accounts Receivable is calculated from a company's financial statements. For Meridian Bhd (XKLS:5040), the current Accounts Receivable is RM0.84 Mil as of May. 2025. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Meridian Bhd Business Description

Address No. 8 Persiaran Tropicana, Lot 13.5a, Level 13, Menara Lien Hoe, Tropicana Golf and Country Resort, Petaling Jaya, SGR, MYS, 47410
Meridian Bhd is an investment holding company. Along with its subsidiaries, it is engaged in property development and investment in properties. The group has completed the development of several properties, such as The Summit Subang USJ, The Summit Bukit Mertajam, Aman Larkin, Scott Garden, Scott Tower, The Arc at Cyberjaya, etc., and has many other projects under development. The group's operating segments are: Property investment, Construction, Property development, and Others. Maximum revenue is generated from its Property investment segment, which is involved in rental collection from investment properties and the operation of car parks in commercial properties. Geographically, the group mainly operates in Malaysia.