Master-Pack Group Bhd (XKLS:7029) Accounts Receivable : RM26.2 Mil (As of Dec. 2024)

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What is Master-Pack Group Bhd Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Master-Pack Group Bhd's accounts receivables for the quarter that ended in Dec. 2024 was RM26.2 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Master-Pack Group Bhd's Days Sales Outstanding for the quarter that ended in Dec. 2024 was 67.55.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Master-Pack Group Bhd's Net-Net Working Capital per share for the quarter that ended in Dec. 2024 was RM1.54.

Master-Pack Group Bhd Accounts Receivable Historical Data

The historical data trend for Master-Pack 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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Master-Pack Group Bhd Accounts Receivable Chart

Master-Pack Group Bhd Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Accounts Receivable

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23.30

28.42

29.53

30.40

26.17

Master-Pack 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															30.40	31.46	29.58	26.59	26.17

Master-Pack Group Bhd Accounts Receivable Calculation

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

Master-Pack 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.

Master-Pack 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
=	26.169	/	35.349	*	91
=	67.55

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

Master-Pack 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)
=	(88.45	+	0.75 * 26.169	+	0.5 * 14.776	-	31.604
-	0	-	0)	/	54.620
=	1.54

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.

Master-Pack Group Bhd Accounts Receivable Related Terms

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Master-Pack Group Bhd Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Packaging & Containers » Master-Pack Group Bhd (XKLS:7029) » Definitions » Accounts Receivable

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Traded in Other Exchanges

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Address

1574, Jalan Bukit Panchor, Seberang Perai Selatan, Nibong Tebal, PNG, MYS, 14300

Website

http://www.master.net.my

Master-Pack Group Bhd is an investment holding company. The core activities of the company are the manufacture and sale of corrugated fibreboard cartons and packaging materials. Some of the products are sheet board, slotted type, telescope type, folder type, die-cut products, interior fitments, palletized shipping containers, and other packaging materials. Its customers are from different industries namely Solar Equipment Manufacturers, Electrical and Electronics, Food and Beverages, Automotive, Chemicals, Medical, and others. Geographically, it operates in Malaysia, Vietnam, and other countries, out of which Malaysia generates the highest revenue.

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