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Borneo Oil Bhd (XKLS:7036) Accounts Receivable : RM5.13 Mil (As of Dec. 2024)


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What is Borneo Oil Bhd Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Borneo Oil Bhd's accounts receivables for the quarter that ended in Dec. 2024 was RM5.13 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Borneo Oil Bhd's Days Sales Outstanding for the quarter that ended in Dec. 2024 was 23.77.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Borneo Oil Bhd's Net-Net Working Capital per share for the quarter that ended in Dec. 2024 was RM-0.01.


Borneo Oil Bhd Accounts Receivable Historical Data

The historical data trend for Borneo Oil 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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Borneo Oil Bhd Accounts Receivable Chart

Borneo Oil Bhd Annual Data
Trend Jan14 Jan15 Jan16 Jan17 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 27.10 6.30 21.15 4.11 5.34

Borneo Oil 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 4.37 5.41 5.34 5.40 5.13

Borneo Oil Bhd Accounts Receivable Calculation

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


Borneo Oil 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.

Borneo Oil 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
=5.13/19.697*91
=23.77

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

Borneo Oil 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)
=(29.513+0.75 * 5.13+0.5 * 17.874-125.543
-0-0)/11992.135
=-0.01

* 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.


Borneo Oil Bhd Accounts Receivable Related Terms

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Borneo Oil Bhd Business Description

Traded in Other Exchanges
N/A
Address
Jalan Satok, Lot 180, Section 19, KTLD, Kuching, SWK, MYS, 93400
Borneo Oil Bhd is a Malaysia-based investment holding company. The company's operating segment includes Head office and others; Food and franchise operations includes ownership of restaurant chains, food manufacturing, and franchise operations; Property investment: Activities involve property maintenance and optimising property portfolios to enhance investment return. Management and Resources and sustainable energy: This includes activities such as mining and the supply of mineral resources. It generates maximum revenue from the Food and franchise operations segment. Geographically, it derives a majority of revenue from Malaysia.

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