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Poh Huat Resources Holdings Bhd (XKLS:7088) Accounts Receivable : RM45.0 Mil (As of Jan. 2024)


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What is Poh Huat Resources Holdings Bhd Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Poh Huat Resources Holdings Bhd's accounts receivables for the quarter that ended in Jan. 2024 was RM45.0 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Poh Huat Resources Holdings Bhd's Days Sales Outstanding for the quarter that ended in Jan. 2024 was 31.30.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Poh Huat Resources Holdings Bhd's Net-Net Working Capital per share for the quarter that ended in Jan. 2024 was RM1.05.


Poh Huat Resources Holdings Bhd Accounts Receivable Historical Data

The historical data trend for Poh Huat Resources 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.

Poh Huat Resources Holdings Bhd Accounts Receivable Chart

Poh Huat Resources Holdings Bhd Annual Data
Trend Oct14 Oct15 Oct16 Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 48.04 48.83 20.30 43.85 27.76

Poh Huat Resources Holdings Bhd Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
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 55.18 36.84 36.84 27.76 44.98

Poh Huat Resources Holdings Bhd Accounts Receivable Calculation

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


Poh Huat Resources 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.

Poh Huat Resources Holdings Bhd's Days Sales Outstanding for the quarter that ended in Jan. 2024 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=44.979/131.14*91
=31.30

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

Poh Huat Resources Holdings Bhd's Net-Net Working Capital Per Share for the quarter that ended in Jan. 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)
=(290.67+0.75 * 44.979+0.5 * 68.896-80.043
-0-0)/264.972
=1.05

* 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.


Poh Huat Resources Holdings Bhd Accounts Receivable Related Terms

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Poh Huat Resources Holdings Bhd (XKLS:7088) Business Description

Traded in Other Exchanges
N/A
Address
PLO 1, Jalan Raja, Kawasan Perindustrial Bukit Pasir, Mukim Sungai Raya, Bukit Pasir, Muar, JHR, MYS, 84300
Poh Huat Resources Holdings Bhd is a Malaysia-based investment holding company. The company is engaged in the manufacturing of furniture. It manufactures two types of furniture: office furniture and home furniture. The company under Home furniture segment acts as an original equipment manufacturer for furniture importers/distributors in North America. The office furniture segment comprises mainly the panel-based office suites of various ranges which are manufactured from laminated particle boards and metal parts. The company has a geographical presence in Vietnam and Malaysia.

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