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CTOS Digital Bhd (XKLS:5301) Accounts Receivable : RM75.7 Mil (As of Mar. 2024)


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What is CTOS Digital Bhd Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. CTOS Digital Bhd's accounts receivables for the quarter that ended in Mar. 2024 was RM75.7 Mil.

Accounts receivable can be measured by Days Sales Outstanding. CTOS Digital Bhd's Days Sales Outstanding for the quarter that ended in Mar. 2024 was 96.55.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. CTOS Digital Bhd's Net-Net Working Capital per share for the quarter that ended in Mar. 2024 was RM-0.08.


CTOS Digital Bhd Accounts Receivable Historical Data

The historical data trend for CTOS Digital 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.

CTOS Digital Bhd Accounts Receivable Chart

CTOS Digital Bhd Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Accounts Receivable
Get a 7-Day Free Trial 16.05 19.85 18.13 29.98 45.43

CTOS Digital Bhd Quarterly Data
Dec18 Dec19 Mar20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 51.47 45.53 51.63 45.43 75.74

CTOS Digital Bhd Accounts Receivable Calculation

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


CTOS Digital 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.

CTOS Digital Bhd's Days Sales Outstanding for the quarter that ended in Mar. 2024 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=75.736/71.58*91
=96.55

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

CTOS Digital Bhd's Net-Net Working Capital Per Share for the quarter that ended in Mar. 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)
=(7.549+0.75 * 75.736+0.5 * 0-256.157
-0--0.265)/2310
=-0.08

* 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.


CTOS Digital Bhd Accounts Receivable Related Terms

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CTOS Digital Bhd (XKLS:5301) Business Description

Traded in Other Exchanges
N/A
Address
Bangsar South, No. 8, Jalan Kerinchi, Vertical Business Suite, Avenue 3, Unit 01-12, Level 8, Tower A,, Kuala Lumpur, MYS, 59200
CTOS Digital Bhd provide credit information and analytics digital solutions on companies, businesses and consumers for use by banks and businesses at each stage of the customer lifecycle and provide credit information and analysis to consumers. It serve three types of customers, namely Key Accounts, Commercial and Direct-to-Consumer. The company's geographical segments include Malaysia and International.

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