GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Oasis Harvest Corporation Bhd (XKLS:5265) » Definitions » Accounts Receivable

Oasis Harvest Bhd (XKLS:5265) Accounts Receivable : RM7.38 Mil (As of Dec. 2024)


View and export this data going back to 2015. Start your Free Trial

What is Oasis Harvest Bhd Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Oasis Harvest Bhd's accounts receivables for the quarter that ended in Dec. 2024 was RM7.38 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Oasis Harvest Bhd's Days Sales Outstanding for the quarter that ended in Dec. 2024 was 155.05.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Oasis Harvest Bhd's Net-Net Working Capital per share for the quarter that ended in Dec. 2024 was RM-0.06.


Oasis Harvest Bhd Accounts Receivable Historical Data

The historical data trend for Oasis Harvest 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.

Oasis Harvest Bhd Accounts Receivable Chart

Oasis Harvest Bhd Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Jun21 Jun22 Jun23
Accounts Receivable
Get a 7-Day Free Trial 12.73 8.19 0.45 0.17 1.03

Oasis Harvest Bhd Quarterly Data
Jun19 Sep19 Mar20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Sep24 Dec24
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 2.88 2.65 1.98 1.75 7.38

Oasis Harvest Bhd Accounts Receivable Calculation

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


Oasis Harvest 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.

Oasis Harvest Bhd's Days Sales Outstanding for the quarter that ended in Dec. 2024 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=7.378/4.342*91
=155.05

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

Oasis Harvest Bhd's Net-Net Working Capital Per Share for the quarter that ended in Dec. 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)
=(0.66+0.75 * 7.378+0.5 * 0.95-15.111
-0-0.241)/147.167
=-0.06

* 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.


Oasis Harvest Bhd Accounts Receivable Related Terms

Thank you for viewing the detailed overview of Oasis Harvest Bhd's Accounts Receivable provided by GuruFocus.com. Please click on the following links to see related term pages.


Oasis Harvest Bhd Business Description

Traded in Other Exchanges
N/A
Address
E-G-2, Block E, Oasis Square, No. 2, Jalan PJU 1A/7A, Ara Damansara, Petaling Jaya, SGR, MYS, 47301
Oasis Harvest Corporation Bhd formerly, Dolphin International Bhd is a Malaysia-based investment holding company. Through its subsidiaries, the company is engaged in the sale, design, engineering, development, and integration of electro-automation, pneumatic, hydraulic, hardware, and software systems and related proprietary products for the palm oil milling sector. The products offered by the group include milling systems and software and the supply of parts and maintenance services. The reportable segments of the groups are the Provision of milling systems and solutions; Supply of parts and maintenance services; and Investment holding and management services. The company operates in Malaysia and Indonesia.

Oasis Harvest Bhd Headlines

No Headlines