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YB Ventures Bhd (XKLS:5048) Accounts Receivable : RM18.99 Mil (As of Mar. 2024)


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What is YB Ventures Bhd Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. YB Ventures Bhd's accounts receivables for the quarter that ended in Mar. 2024 was RM18.99 Mil.

Accounts receivable can be measured by Days Sales Outstanding. YB Ventures Bhd's Days Sales Outstanding for the quarter that ended in Mar. 2024 was 101.32.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. YB Ventures Bhd's Net-Net Working Capital per share for the quarter that ended in Mar. 2024 was RM0.09.


YB Ventures Bhd Accounts Receivable Historical Data

The historical data trend for YB Ventures 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.

YB Ventures Bhd Accounts Receivable Chart

YB Ventures Bhd Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Jun23
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 25.99 27.77 28.08 32.19 16.15

YB Ventures Bhd Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Mar22 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 24.43 16.15 19.56 19.36 18.99

YB Ventures Bhd Accounts Receivable Calculation

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


YB Ventures 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.

YB Ventures 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
=18.991/17.104*91
=101.32

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

YB Ventures 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)
=(33.049+0.75 * 18.991+0.5 * 42.389-43.149
-0-0)/290.582
=0.09

* 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.


YB Ventures Bhd Accounts Receivable Related Terms

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YB Ventures Bhd (XKLS:5048) Business Description

Traded in Other Exchanges
N/A
Address
Lot 7020, Batu 23, Jalan Air Hitam, Johor Darul Takzim, Kulai, SGR, MYS, 81000
YB Ventures Bhd is an investment holding company engaged in the tile manufacturing and internet technology. The company operates in two segments namely, Manufacturing and trading segment and Investment holding and dormant segment, out of which the majority of revenue is derived from the Manufacturing and Trading segment. The Group mainly produces tiles under their proprietary brand Alpha Tile a household name in construction, renovation and interior fit-out industries. Geographically it operates in Malaysia, Singapore and Others, out of which the majority of revenue is derived from Malaysia.

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