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AME REIT (XKLS:5307) Accounts Receivable : RM3.70 Mil (As of Jun. 2024)


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What is AME REIT Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. AME REIT's accounts receivables for the quarter that ended in Jun. 2024 was RM3.70 Mil.

Accounts receivable can be measured by Days Sales Outstanding. AME REIT's Days Sales Outstanding for the quarter that ended in Jun. 2024 was 27.41.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. AME REIT's Net-Net Working Capital per share for the quarter that ended in Jun. 2024 was RM-0.21.


AME REIT Accounts Receivable Historical Data

The historical data trend for AME REIT'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.

AME REIT Accounts Receivable Chart

AME REIT Annual Data
Trend Mar20 Mar21 Mar22 Mar23 Mar24
Accounts Receivable
- - - 0.78 0.12

AME REIT Quarterly Data
Mar20 Mar21 Mar22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
Accounts Receivable Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only 3.70 4.23 2.53 0.12 3.70

AME REIT Accounts Receivable Calculation

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


AME REIT 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.

AME REIT's Days Sales Outstanding for the quarter that ended in Jun. 2024 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=3.703/12.328*91
=27.41

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

AME REIT's Net-Net Working Capital Per Share for the quarter that ended in Jun. 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)
=(20.568+0.75 * 3.703+0.5 * 0-132.822
-0-0)/526.368
=-0.21

* 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.


AME REIT Accounts Receivable Related Terms

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AME REIT Business Description

Industry
Traded in Other Exchanges
N/A
Address
No. 2, Jalan I-Park SAC 1/1, Taman Perindustrian I-Park SAC, Senai, JHR, MYS, 81400
AME REIT is engaged in investing directly and indirectly in a Shariah compliant portfolio of income income producing Real Estate used primarily for industrial and industrial-related purposes in Malaysia and overseas. The company's portfolio consists of 34 subject properties with 31 industrial properties and around 3 industrial related properties known as Dormitories which are freehold properties.

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