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Mynews Holdings Bhd (XKLS:5275) Accounts Receivable : RM18.9 Mil (As of Jan. 2025)


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What is Mynews Holdings Bhd Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Mynews Holdings Bhd's accounts receivables for the quarter that ended in Jan. 2025 was RM18.9 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Mynews Holdings Bhd's Days Sales Outstanding for the quarter that ended in Jan. 2025 was 7.97.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Mynews Holdings Bhd's Net-Net Working Capital per share for the quarter that ended in Jan. 2025 was RM-0.39.


Mynews Holdings Bhd Accounts Receivable Historical Data

The historical data trend for Mynews Holdings 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.

Mynews Holdings Bhd Accounts Receivable Chart

Mynews Holdings Bhd Annual Data
Trend Oct15 Oct16 Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23 Oct24
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5.95 1.39 3.93 4.58 9.56

Mynews Holdings Bhd Quarterly Data
Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25
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 0.89 0.74 12.06 9.56 18.86

Mynews Holdings Bhd Accounts Receivable Calculation

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


Mynews Holdings 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.

Mynews Holdings Bhd's Days Sales Outstanding for the quarter that ended in Jan. 2025 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=18.855/215.868*91
=7.97

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

Mynews Holdings Bhd's Net-Net Working Capital Per Share for the quarter that ended in Jan. 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)
=(24.657+0.75 * 18.855+0.5 * 116.053-392.036
-0--2.08)/750.354
=-0.39

* 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.


Mynews Holdings Bhd Accounts Receivable Related Terms

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Mynews Holdings Bhd Business Description

Traded in Other Exchanges
N/A
Address
Lot No. 3, Jalan Teknologi 3/1, Seksyen 3 PJU 5 Kota Damansara, Taman Sains Selangor 1, Petaling Jaya, SGR, MYS, 47810
Mynews Holdings Bhd is an investment holding company. Along with its subsidiaries, the company operated in the following business segments; Retail convenience, and Manufacturing. A majority of its revenue is generated from the Retail convenience segment which operates retail convenience stores selling retail convenience goods and services. The Manufacturing segment is engaged in producing bakery products and ready-to-eat meals.

Mynews Holdings Bhd Headlines

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