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Ralco Bhd (XKLS:7498) Accounts Receivable : RM12.34 Mil (As of Mar. 2024)


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What is Ralco Bhd Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Ralco Bhd's accounts receivables for the quarter that ended in Mar. 2024 was RM12.34 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Ralco Bhd's Days Sales Outstanding for the quarter that ended in Mar. 2024 was 77.85.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Ralco Bhd's Net-Net Working Capital per share for the quarter that ended in Mar. 2024 was RM-0.48.


Ralco Bhd Accounts Receivable Historical Data

The historical data trend for Ralco 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.

Ralco Bhd Accounts Receivable Chart

Ralco 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 10.31 12.62 7.76 11.23 11.11

Ralco 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 12.87 12.11 13.32 11.11 12.34

Ralco Bhd Accounts Receivable Calculation

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


Ralco 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.

Ralco 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
=12.338/14.462*91
=77.85

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

Ralco 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)
=(1.195+0.75 * 12.338+0.5 * 10.307-39.94
-0-0)/50.797
=-0.48

* 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.


Ralco Bhd Accounts Receivable Related Terms

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Ralco Bhd (XKLS:7498) Business Description

Traded in Other Exchanges
N/A
Address
Lot 1476, Jalan Lengkok Emas 1, Nilai Industrial Estate, Nilai, NSN, MYS, 71800
Ralco Corp Bhd. is engaged in the manufacturing and trading of plastic products. Its product line is comprised of Jerrican (Blow molding) and Pail (Injection molding) in various sizes. Jerrican is widely used for the packing of the liquid form of chemical products as well as for edible oils while pails are utilized for packing paints for both household and industrial use. The company has two reportable segments: Plastic products and others. Plastic products include the manufacturing and sale of plastic products. Others include trading of furniture, oil packing, buying and selling of palm oil products, manufacturing or dealing in packaging materials, and all related products. It generates its revenues from the Plastic Products segment. Its firm is based in Malaysia.

Ralco Bhd (XKLS:7498) Headlines

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