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Malaysia Smelting Bhd (XKLS:5916) Accounts Receivable : RM7 Mil (As of Dec. 2023)


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What is Malaysia Smelting Bhd Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Malaysia Smelting Bhd's accounts receivables for the quarter that ended in Dec. 2023 was RM7 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Malaysia Smelting Bhd's Days Sales Outstanding for the quarter that ended in Dec. 2023 was 1.55.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Malaysia Smelting Bhd's Net-Net Working Capital per share for the quarter that ended in Dec. 2023 was RM-0.17.


Malaysia Smelting Bhd Accounts Receivable Historical Data

The historical data trend for Malaysia Smelting 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.

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Malaysia Smelting Bhd Accounts Receivable Chart

Malaysia Smelting 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 13.68 25.58 11.80 31.52 6.89

Malaysia Smelting 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 31.52 12.46 15.59 17.47 6.89

Malaysia Smelting Bhd Accounts Receivable Calculation

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


Malaysia Smelting 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.

Malaysia Smelting 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
=6.885/404.632*91
=1.55

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

Malaysia Smelting 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)
=(264.222+0.75 * 6.885+0.5 * 595.24-575.167
-0-62.327)/420
=-0.17

* 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.


Malaysia Smelting Bhd Accounts Receivable Related Terms

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Malaysia Smelting Bhd (XKLS:5916) Business Description

Traded in Other Exchanges
Address
Jalan Perigi Nanas 6/1, Pulau Indah Industrial Park, West Port, Pulau Indah, Lot 6, 8, 9, Port Klang, SGR, MYS, 42920
Malaysia Smelting Corp Bhd is an investment holding company. It operates in two segments: Tin smelting and Tin Mining. The majority of its revenue comes from the Tin Smelting segment, which includes the smelting of tin concentrates and tin-bearing materials, the production of various grades of refined tin metal, and the sale and delivery of refined tin metal and by-products.

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