GURUFOCUS.COM » STOCK LIST » Basic Materials » Forest Products » Subur Tiasa Holdings Bhd (XKLS:6904) » Definitions » Accounts Receivable

Subur Tiasa Holdings Bhd (XKLS:6904) Accounts Receivable : RM43.8 Mil (As of Mar. 2024)


View and export this data going back to 2006. Start your Free Trial

What is Subur Tiasa Holdings Bhd Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Subur Tiasa Holdings Bhd's accounts receivables for the quarter that ended in Mar. 2024 was RM43.8 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Subur Tiasa Holdings Bhd's Days Sales Outstanding for the quarter that ended in Mar. 2024 was 38.64.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Subur Tiasa Holdings Bhd's Net-Net Working Capital per share for the quarter that ended in Mar. 2024 was RM-4.14.


Subur Tiasa Holdings Bhd Accounts Receivable Historical Data

The historical data trend for Subur Tiasa 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.

Subur Tiasa Holdings Bhd Accounts Receivable Chart

Subur Tiasa Holdings Bhd Annual Data
Trend Jul14 Jul15 Jul16 Jul17 Jul18 Jul19 Jul20 Dec21 Dec22 Dec23
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 29.25 19.81 30.59 45.39 38.98

Subur Tiasa Holdings Bhd Quarterly Data
Jan19 Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Oct21 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 Premium Member Only Premium Member Only 45.75 51.30 56.09 38.98 43.76

Subur Tiasa Holdings Bhd Accounts Receivable Calculation

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


Subur Tiasa 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.

Subur Tiasa Holdings 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
=43.757/103.341*91
=38.64

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

Subur Tiasa Holdings 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)
=(10.946+0.75 * 43.757+0.5 * 69.143-857.784
-0-0.981)/188.409
=-4.14

* 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.


Subur Tiasa Holdings Bhd Accounts Receivable Related Terms

Thank you for viewing the detailed overview of Subur Tiasa Holdings Bhd's Accounts Receivable provided by GuruFocus.com. Please click on the following links to see related term pages.


Subur Tiasa Holdings Bhd (XKLS:6904) Business Description

Traded in Other Exchanges
N/A
Address
Jalan Upper Lanang, C.D.T. 123, No. 66 - 78, Pusat Suria Permata, Sibu, SWK, MYS, 96000
Subur Tiasa Holdings Bhd is a Malaysia-based investment holding company. It has two reportable business segments. The Timber segment, which is the key revenue driver, is involved in the extraction, sale of logs and subcontractor for tree planting (reforestation), and the business of manufacturing and trading of plywood, veneer, raw and laminated particleboard, sawn timber, finger-joint moulding, charcoal and the supply of electricity for its manufacturing activities. The Oil Palm segment is involved in the cultivation of oil palm and the sale of fresh fruit bunches. Geographically, it generates revenue from Malaysia, India, South Korea, Taiwan, and other countries.

Subur Tiasa Holdings Bhd (XKLS:6904) Headlines

No Headlines