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TSR Capital Bhd (XKLS:5042) Accounts Receivable : RM47.58 Mil (As of Sep. 2024)


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What is TSR Capital Bhd Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. TSR Capital Bhd's accounts receivables for the quarter that ended in Sep. 2024 was RM47.58 Mil.

Accounts receivable can be measured by Days Sales Outstanding. TSR Capital Bhd's Days Sales Outstanding for the quarter that ended in Sep. 2024 was 210.22.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. TSR Capital Bhd's Net-Net Working Capital per share for the quarter that ended in Sep. 2024 was RM-0.11.


TSR Capital Bhd Accounts Receivable Historical Data

The historical data trend for TSR Capital 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.

TSR Capital Bhd Accounts Receivable Chart

TSR Capital Bhd Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 69.61 48.11 24.76 29.40 35.54

TSR Capital Bhd Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 49.78 46.13 43.93 35.54 47.58

TSR Capital Bhd Accounts Receivable Calculation

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


TSR Capital 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.

TSR Capital Bhd's Days Sales Outstanding for the quarter that ended in Sep. 2024 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=47.579/20.653*91
=210.22

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

TSR Capital Bhd's Net-Net Working Capital Per Share for the quarter that ended in Sep. 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)
=(10.203+0.75 * 47.579+0.5 * 59.438-95.438
-0--1.021)/174.45
=-0.11

* 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.


TSR Capital Bhd Accounts Receivable Related Terms

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TSR Capital Bhd Business Description

Traded in Other Exchanges
N/A
Address
Jalan PJU 7/3, Level 16, Menara TSR, Number 12, Mutiara Damansara, Petaling Jaya, SGR, MYS, 47810
TSR Capital Bhd is an investment holding company engaged in construction and property development activities in Malaysia. The group's business segments are Construction; Property Development and Others. Its Construction segment comprises Foundation engineering, soil improvement, construction, and civil engineering works. The Property development segment comprises Property development and management. The company generates maximum revenue from the Construction segment. Geographically, it operates only in Malaysia.

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