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IRM Group Bhd (XKLS:7220) Accounts Receivable : RM0.00 Mil (As of Mar. 2015)


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What is IRM Group Bhd Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. IRM Group Bhd's accounts receivables for the quarter that ended in Mar. 2015 was RM0.00 Mil.

Accounts receivable can be measured by Days Sales Outstanding. IRM Group Bhd's Days Sales Outstanding for the quarter that ended in Mar. 2015 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. IRM Group Bhd's Net-Net Working Capital per share for the quarter that ended in Mar. 2015 was RM-0.41.


IRM Group Bhd Accounts Receivable Historical Data

The historical data trend for IRM 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.

* Premium members only.

IRM Group Bhd Accounts Receivable Chart

IRM Group Bhd Annual Data
Trend Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only 15.65 15.94 4.74 0.23 0.04

IRM Group Bhd Quarterly Data
Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15
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 0.23 0.47 0.03 0.04 -

IRM Group Bhd Accounts Receivable Calculation

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


IRM 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.

IRM Group Bhd's Days Sales Outstanding for the quarter that ended in Mar. 2015 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=0/0.319*91
=0.00

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

IRM Group Bhd's Net-Net Working Capital Per Share for the quarter that ended in Mar. 2015 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)
=(0.082+0.75 * 0+0.5 * 0.001-53.354
-0-0)/130
=-0.41

* 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.


IRM Group Bhd Accounts Receivable Related Terms

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IRM Group Bhd (XKLS:7220) Business Description

Traded in Other Exchanges
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Address
IRM Group Bhd is an investment holding company. The Company is engaged in the business of manufacturing and selling of polyvinyl chloride resins and compounds, as well as plastic products such as sheeting and pipes.

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