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YA Horng Electronic M Bhd (XKLS:7196) Accounts Receivable : RM0.0 Mil (As of Jul. 2013)


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What is YA Horng Electronic M Bhd Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. YA Horng Electronic M Bhd's accounts receivables for the quarter that ended in Jul. 2013 was RM0.0 Mil.

Accounts receivable can be measured by Days Sales Outstanding. YA Horng Electronic M Bhd's Days Sales Outstanding for the quarter that ended in Jul. 2013 was 0.00.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. YA Horng Electronic M Bhd's Net-Net Working Capital per share for the quarter that ended in Jul. 2013 was RM0.56.


YA Horng Electronic M Bhd Accounts Receivable Historical Data

The historical data trend for YA Horng Electronic M 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.

YA Horng Electronic M Bhd Accounts Receivable Chart

YA Horng Electronic M Bhd Annual Data
Trend Jan06 Jan07 Jan08 Jan09 Jan10 Jan11 Jan12 Jan13
Accounts Receivable
Get a 7-Day Free Trial 19.50 25.99 29.52 25.33 26.08

YA Horng Electronic M Bhd Quarterly Data
Jan12 Apr12 Jul12 Oct12 Jan13 Apr13 Jul13
Accounts Receivable Get a 7-Day Free Trial 44.86 31.00 - - -

YA Horng Electronic M Bhd Accounts Receivable Calculation

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


YA Horng Electronic M 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.

YA Horng Electronic M Bhd's Days Sales Outstanding for the quarter that ended in Jul. 2013 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=0/28.442*91
=0.00

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

YA Horng Electronic M Bhd's Net-Net Working Capital Per Share for the quarter that ended in Jul. 2013 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)
=(38.376+0.75 * 0+0.5 * 20.878-22.795
-0-0)/46.421
=0.56

* 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.


YA Horng Electronic M Bhd Accounts Receivable Related Terms

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YA Horng Electronic M Bhd (XKLS:7196) Business Description

Traded in Other Exchanges
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Address
YA Horng Electronic M Bhd is an investment holding company, engages in the manufacture and sale of audio and electric products primarily in Malaysia, China, and Taiwan.

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