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Watta Holding Bhd (XKLS:7226) Accounts Receivable : RM0.35 Mil (As of Mar. 2024)


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What is Watta Holding Bhd Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Watta Holding Bhd's accounts receivables for the quarter that ended in Mar. 2024 was RM0.35 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Watta Holding Bhd's Days Sales Outstanding for the quarter that ended in Mar. 2024 was 16.89.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Watta Holding Bhd's Net-Net Working Capital per share for the quarter that ended in Mar. 2024 was RM0.03.


Watta Holding Bhd Accounts Receivable Historical Data

The historical data trend for Watta Holding 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.

Watta Holding Bhd Accounts Receivable Chart

Watta Holding Bhd Annual Data
Trend Sep13 Sep14 Sep15 Sep16 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.73 0.57 0.79 0.25 0.41

Watta Holding Bhd Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 0.22 0.26 0.55 0.41 0.35

Watta Holding Bhd Accounts Receivable Calculation

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


Watta Holding 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.

Watta Holding Bhd's Days Sales Outstanding for the quarter that ended in Mar. 2024 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=0.347/1.875*91
=16.89

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

Watta Holding Bhd's Net-Net Working Capital Per Share for the quarter that ended in Mar. 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)
=(13.249+0.75 * 0.347+0.5 * 0.264-11.519
-0-0)/84.48
=0.03

* 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.


Watta Holding Bhd Accounts Receivable Related Terms

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Watta Holding Bhd (XKLS:7226) Business Description

Traded in Other Exchanges
N/A
Address
Plaza Berjaya, Jalan Imbi, 12th Floor, Menara Cosway, Wilayah Persekutuan, Kuala Lumpur, MYS, 55100
Watta Holding Bhd is a company whose principal activities consist of investment holding and the provision of management services. The Group is organized into business segments based on their products and services, and has two reportable operating segments: Services and Investment Holding and others. The service segment includes Servicing telecommunication equipment and related products. It operates in a single geographical segment, which is Malaysia.

Watta Holding Bhd (XKLS:7226) Headlines

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