GURUFOCUS.COM » STOCK LIST » Basic Materials » Forest Products » BTM Resources Bhd (XKLS:7188) » Definitions » Accounts Receivable

BTM Resources Bhd (XKLS:7188) Accounts Receivable : RM0.51 Mil (As of Dec. 2024)


View and export this data going back to 1996. Start your Free Trial

What is BTM Resources Bhd Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. BTM Resources Bhd's accounts receivables for the quarter that ended in Dec. 2024 was RM0.51 Mil.

Accounts receivable can be measured by Days Sales Outstanding. BTM Resources Bhd's Days Sales Outstanding for the quarter that ended in Dec. 2024 was 14.20.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. BTM Resources Bhd's Net-Net Working Capital per share for the quarter that ended in Dec. 2024 was RM0.00.


BTM Resources Bhd Accounts Receivable Historical Data

The historical data trend for BTM 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.

BTM Resources Bhd Accounts Receivable Chart

BTM Resources Bhd Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.54 0.42 0.75 0.52 0.51

BTM Resources 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 0.52 0.75 1.17 0.51 0.51

BTM Resources Bhd Accounts Receivable Calculation

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


BTM 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.

BTM 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
=0.511/3.283*91
=14.20

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

BTM 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)
=(22.362+0.75 * 0.511+0.5 * 1.204-18.331
-0-0)/1256.487
=0.00

* 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.


BTM Resources Bhd Accounts Receivable Related Terms

Thank you for viewing the detailed overview of BTM Resources Bhd's Accounts Receivable provided by GuruFocus.com. Please click on the following links to see related term pages.


BTM Resources Bhd Business Description

Traded in Other Exchanges
N/A
Address
Jalan Kampung Tiong, No. 101, 3rd Floor, Wisma Kam Choon, Kuala Terengganu, TRG, MYS, 20100
BTM Resources Bhd is a Malaysian investment holding company. The principal activities of the company consist of investment holding and the provision of management services. It is engaged in the business of logging, sawmilling, trading in sawn timbers, plywood and logs, timber molding and manufacturing of finger-jointed timber and lamination boards and letting of plant and machinery. The company operates in Malaysia, Australia, Korea, USA and Singapore; of which it generates a majority of the revenue from Malaysia.

BTM Resources Bhd Headlines

No Headlines