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Dufu Technology Bhd (XKLS:7233) Accounts Receivable : RM90.5 Mil (As of Mar. 2024)


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What is Dufu Technology Bhd Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Dufu Technology Bhd's accounts receivables for the quarter that ended in Mar. 2024 was RM90.5 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Dufu Technology Bhd's Days Sales Outstanding for the quarter that ended in Mar. 2024 was 142.67.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Dufu Technology Bhd's Net-Net Working Capital per share for the quarter that ended in Mar. 2024 was RM0.23.


Dufu Technology Bhd Accounts Receivable Historical Data

The historical data trend for Dufu Technology 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.

Dufu Technology Bhd Accounts Receivable Chart

Dufu Technology Bhd Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 74.53 87.80 92.95 53.01 77.64

Dufu Technology 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 100.86 90.13 90.51 77.64 90.46

Dufu Technology Bhd Accounts Receivable Calculation

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


Dufu Technology 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.

Dufu Technology 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
=90.461/57.856*91
=142.67

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

Dufu Technology 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)
=(121.324+0.75 * 90.461+0.5 * 62.071-97.468
-0-0)/530.619
=0.23

* 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.


Dufu Technology Bhd Accounts Receivable Related Terms

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Dufu Technology Bhd (XKLS:7233) Business Description

Traded in Other Exchanges
N/A
Address
Plot 19, Hilir Sungai Keluang 2, Taman Perindustrian Bayan Lepas, Phase IV, Bayan Lepas, PNG, MYS, 11900
Dufu Technology Corp Bhd is engaged in the manufacture and sale of industrial products, and trading of computer disk-drive and related components. It is involved in the design, development, manufacture, assembly, and trade of die components, and precision machining of vice, computer peripherals, and parts for hard disk drives. Its product portfolio consists of precision turning products, precision machining products, metal stamping, sheet metal fabrication, tool and die fabrication, and plastic components. The company serves HDD, industrial safety and sensor, telecommunication, computer, and consumer electronics industries. Geographically it generates the majority of its revenue from Thailand.

Dufu Technology Bhd (XKLS:7233) Headlines

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