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Komarkcorp Bhd (XKLS:7017) Accounts Receivable : RM23.35 Mil (As of Dec. 2023)


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What is Komarkcorp Bhd Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Komarkcorp Bhd's accounts receivables for the quarter that ended in Dec. 2023 was RM23.35 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Komarkcorp Bhd's Days Sales Outstanding for the quarter that ended in Dec. 2023 was 378.52.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Komarkcorp Bhd's Net-Net Working Capital per share for the quarter that ended in Dec. 2023 was RM0.12.


Komarkcorp Bhd Accounts Receivable Historical Data

The historical data trend for Komarkcorp 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.

Komarkcorp Bhd Accounts Receivable Chart

Komarkcorp Bhd Annual Data
Trend Apr11 Apr12 Apr13 Apr14 Apr15 Apr16 Apr17 Apr18 Apr19 Apr20
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 11.61 11.26 10.66 7.65 7.72

Komarkcorp Bhd Quarterly Data
Oct18 Jan19 Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Jun22 Sep22 Dec22 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 10.96 10.92 13.27 28.96 23.35

Komarkcorp Bhd Accounts Receivable Calculation

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


Komarkcorp 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.

Komarkcorp 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
=23.35/5.629*91
=378.52

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

Komarkcorp 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)
=(24.462+0.75 * 23.35+0.5 * 7.37-18.586
-0--0.636)/230.918
=0.12

* 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.


Komarkcorp Bhd Accounts Receivable Related Terms

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Komarkcorp Bhd (XKLS:7017) Business Description

Traded in Other Exchanges
N/A
Address
Lot 132, Jalan 16/1, Kawasan Perindustrian Cheras Jaya, Balakong, SGR, MYS, 43200
Komarkcorp Bhd is a company engaged in the manufacturing of self-adhesive labels, flexible packaging such as OPP roll-fed and shrink sleeves in the consumer packaging for petrol lubricants, healthcare, foods and beverages, agro-chemical industries, promotion, and security market segments. The company's segment includes Self-adhesive labels and packaging; Face masks and others. The company generates maximum revenue from the Self-adhesive labels and stickers segment. Geographically, it derives a majority of its revenue from Malaysia.

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