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Mycron Steel Bhd (XKLS:5087) Accounts Receivable : RM79.1 Mil (As of Mar. 2025)


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What is Mycron Steel Bhd Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Mycron Steel Bhd's accounts receivables for the quarter that ended in Mar. 2025 was RM79.1 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Mycron Steel Bhd's Days Sales Outstanding for the quarter that ended in Mar. 2025 was 47.59.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Mycron Steel Bhd's Net-Net Working Capital per share for the quarter that ended in Mar. 2025 was RM0.11.


Mycron Steel Bhd Accounts Receivable Historical Data

The historical data trend for Mycron Steel 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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Mycron Steel Bhd Accounts Receivable Chart

Mycron Steel Bhd Annual Data
Trend Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 71.07 38.92 70.94 66.87 105.36

Mycron Steel Bhd Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 127.87 105.36 85.32 82.11 79.09

Mycron Steel Bhd Accounts Receivable Calculation

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


Mycron Steel 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.

Mycron Steel Bhd's Days Sales Outstanding for the quarter that ended in Mar. 2025 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=79.086/151.627*91
=47.59

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

Mycron Steel Bhd's Net-Net Working Capital Per Share for the quarter that ended in Mar. 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)
=(51.638+0.75 * 79.086+0.5 * 189.243-169.224
-0-0)/327.058
=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.


Mycron Steel Bhd Accounts Receivable Related Terms

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Mycron Steel Bhd Business Description

Traded in Other Exchanges
N/A
Address
Lot 717, Jalan Sungai Rasau, Seksyen 16, Shah Alam, SGR, MYS, 40200
Mycron Steel Bhd is involved in the manufacturing of accessories made from steel, steel tubes, and pipes. The company mainly involves in the manufacture of Cold rolled coil-related products used in automotive, electrical appliances, electronics, and construction industries; Steel tubes, and Others. Its product portfolio includes cold-rolled electrical sheets, galvanized zinc sheets, tin-plated sheets, and electro-galvanized iron sheets. The company's operating segment includes Cold rolled coil; Steel tube and others. It generates maximum revenue from the Cold rolled Coil following Steel Tube.

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