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Leon Fuat Bhd (XKLS:5232) Accounts Receivable : RM251.0 Mil (As of Dec. 2023)


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What is Leon Fuat Bhd Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Leon Fuat Bhd's accounts receivables for the quarter that ended in Dec. 2023 was RM251.0 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Leon Fuat Bhd's Days Sales Outstanding for the quarter that ended in Dec. 2023 was 95.21.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Leon Fuat Bhd's Net-Net Working Capital per share for the quarter that ended in Dec. 2023 was RM-0.16.


Leon Fuat Bhd Accounts Receivable Historical Data

The historical data trend for Leon Fuat 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.

Leon Fuat Bhd Accounts Receivable Chart

Leon Fuat Bhd Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 161.38 196.42 259.62 249.97 251.02

Leon Fuat Bhd Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 249.97 259.54 239.99 242.73 251.02

Leon Fuat Bhd Accounts Receivable Calculation

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


Leon Fuat 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.

Leon Fuat Bhd's Days Sales Outstanding for the quarter that ended in Dec. 2023 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=251.015/240.569*91
=95.21

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

Leon Fuat Bhd's Net-Net Working Capital Per Share for the quarter that ended in Dec. 2023 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)
=(49.181+0.75 * 251.015+0.5 * 370.931-476.222
-0-0.359)/341
=-0.16

* 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.


Leon Fuat Bhd Accounts Receivable Related Terms

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Leon Fuat Bhd (XKLS:5232) Business Description

Traded in Other Exchanges
N/A
Address
Wisma Leon Fuat, No. 11, Lorong Keluli 1B, Seksyen 7, Kawasan Perindustrian Bukit Raja Selatan, Shah Alam, SGR, MYS, 40000
Leon Fuat Bhd is engaged in the provision of management services through its subsidiaries. It operates through three segments: Trading of Steel Products, Processing and/or manufacturing of Steel Products, and Others. It mainly involves the buying and selling of flat and long steel products and also offers value-added services to flat and long steel products in the form of cutting, leveling, shearing, profiling, bending, and finishing as well as the production of expanded metal and Other segment includes steel materials such as tool steel and non-ferrous metal products such as bronze, brass, aluminum, and copper. It operates in two geographical areas; Malaysia and the Republic of Singapore.

Leon Fuat Bhd (XKLS:5232) Headlines

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