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Chuan Huat Resources Bhd (XKLS:7016) Accounts Receivable : RM172.9 Mil (As of Dec. 2024)


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What is Chuan Huat Resources Bhd Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Chuan Huat Resources Bhd's accounts receivables for the quarter that ended in Dec. 2024 was RM172.9 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Chuan Huat Resources Bhd's Days Sales Outstanding for the quarter that ended in Dec. 2024 was 83.57.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Chuan Huat Resources Bhd's Net-Net Working Capital per share for the quarter that ended in Dec. 2024 was RM-0.69.


Chuan Huat Resources Bhd Accounts Receivable Historical Data

The historical data trend for Chuan Huat Resources 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.

Chuan Huat Resources Bhd Accounts Receivable Chart

Chuan Huat Resources Bhd Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Jun21 Jun22 Jun23 Jun24
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 207.72 148.65 159.13 172.06 167.73

Chuan Huat Resources Bhd Quarterly Data
Sep19 Mar20 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 - 176.90 167.73 186.01 172.90

Chuan Huat Resources Bhd Accounts Receivable Calculation

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


Chuan Huat Resources 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.

Chuan Huat Resources 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
=172.903/188.782*91
=83.57

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

Chuan Huat Resources 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)
=(25.764+0.75 * 172.903+0.5 * 107.364-312.153
-0-13.385)/168.670
=-0.69

* 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.


Chuan Huat Resources Bhd Accounts Receivable Related Terms

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Chuan Huat Resources Bhd Business Description

Traded in Other Exchanges
N/A
Address
3½ Miles, Off Jalan Sungai Besi, Lot 50A, Jalan 1/89B, Wisma Lim Kim Chuan, Kuala Lumpur, SGR, MYS, 57100
Chuan Huat Resources Bhd is engaged in the building material business sector. The company operates in segments that are Hardware and Building materials, Retailing of IT related - products, Property, Restaurant Operations, and Corporate. In terms of revenue, the company earns majority of its revenue from the sales of Hardware and Building Materials. The company only has its operations present in Malaysia.

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