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Yoong Onn Bhd (XKLS:5159) Accounts Receivable : RM31.7 Mil (As of Sep. 2024)


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What is Yoong Onn Bhd Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Yoong Onn Bhd's accounts receivables for the quarter that ended in Sep. 2024 was RM31.7 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Yoong Onn Bhd's Days Sales Outstanding for the quarter that ended in Sep. 2024 was 43.91.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Yoong Onn Bhd's Net-Net Working Capital per share for the quarter that ended in Sep. 2024 was RM0.88.


Yoong Onn Bhd Accounts Receivable Historical Data

The historical data trend for Yoong Onn 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.

Yoong Onn Bhd Accounts Receivable Chart

Yoong Onn 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 28.28 20.09 34.81 31.96 23.48

Yoong Onn 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 36.68 42.16 39.24 23.48 31.69

Yoong Onn Bhd Accounts Receivable Calculation

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


Yoong Onn 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.

Yoong Onn 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
=31.694/65.867*91
=43.91

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

Yoong Onn 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)
=(132.684+0.75 * 31.694+0.5 * 95.062-56.737
-0-7.899)/158.653
=0.88

* 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.


Yoong Onn Bhd Accounts Receivable Related Terms

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Yoong Onn Bhd Business Description

Traded in Other Exchanges
N/A
Address
Jalan Permata 2, Lot No. PT 16690-16692, Arab-Malaysian Industrial Park, Nilai, NSN, MYS, 71800
Yoong Onn Corp Bhd is an integrated designer, manufacturer, distributor, and retailer of home linen and bedding accessories. It also supplies bedding and bath linen and accessories to hospitality-based institutions, including military accommodations, cruise ships, hospitals, and royal customs. The company is organized into three principal operating divisions, Manufacturing; Distribution and Trading; and Retailing. Its primary geographic markets are Malaysia, Singapore, Vietnam and others. Malaysia contributes to the vast majority of total revenue. The company generates maximum revenue from the Distribution and Trading segment.

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