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Star Media Group Bhd (XKLS:6084) Accounts Receivable : RM34.9 Mil (As of Dec. 2024)


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What is Star Media Group Bhd Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Star Media Group Bhd's accounts receivables for the quarter that ended in Dec. 2024 was RM34.9 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Star Media Group Bhd's Days Sales Outstanding for the quarter that ended in Dec. 2024 was 52.59.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Star Media Group Bhd's Net-Net Working Capital per share for the quarter that ended in Dec. 2024 was RM0.48.


Star Media Group Bhd Accounts Receivable Historical Data

The historical data trend for Star Media Group 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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Star Media Group Bhd Accounts Receivable Chart

Star Media Group Bhd Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 26.13 29.66 26.65 19.71 34.91

Star Media Group Bhd Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 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 19.71 38.21 40.17 34.30 34.91

Star Media Group Bhd Accounts Receivable Calculation

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


Star Media Group 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.

Star Media Group 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
=34.908/60.568*91
=52.59

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

Star Media Group 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)
=(362.725+0.75 * 34.908+0.5 * 41.391-61.189
-0-0)/724.765
=0.48

* 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.


Star Media Group Bhd Accounts Receivable Related Terms

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Star Media Group Bhd Business Description

Traded in Other Exchanges
N/A
Address
Jalan 16/11, Level 15, Menara Star 15, Petaling Jaya, SGR, MYS, 46350
Star Media Group Bhd publishes, prints, and distributes newspapers and advertisements in print and electronic media. The company operates in three reportable segments: Print, digital and events which is engaged in the publication and distribution of newspapers, magazines, and electronic media and online portal and provision of event organizing management; Broadcasting which operates wireless broadcasting stations; and the Property development and investment segment which develops commercial properties and invests in real estate. The majority of the company's revenue is generated from the Print, digital and events segment. Geographically, the company derives its key revenue from Malaysia and the rest from Singapore, Ireland, Indonesia, Dubai, the United States of America, and other regions.

Star Media Group Bhd Headlines

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