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Taliworks Bhd (XKLS:8524) Accounts Receivable : RM63.0 Mil (As of Jun. 2024)


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What is Taliworks Bhd Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Taliworks Bhd's accounts receivables for the quarter that ended in Jun. 2024 was RM63.0 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Taliworks Bhd's Days Sales Outstanding for the quarter that ended in Jun. 2024 was 58.06.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Taliworks Bhd's Net-Net Working Capital per share for the quarter that ended in Jun. 2024 was RM-0.41.


Taliworks Bhd Accounts Receivable Historical Data

The historical data trend for Taliworks 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.

Taliworks Bhd Accounts Receivable Chart

Taliworks 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 112.43 97.72 53.83 74.76 65.91

Taliworks Bhd Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
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 69.75 60.72 65.91 84.79 62.98

Taliworks Bhd Accounts Receivable Calculation

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


Taliworks 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.

Taliworks Bhd's Days Sales Outstanding for the quarter that ended in Jun. 2024 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=62.978/98.972*91
=58.06

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

Taliworks Bhd's Net-Net Working Capital Per Share for the quarter that ended in Jun. 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)
=(121.917+0.75 * 62.978+0.5 * 76.864-760.746
-0-272.837)/2015.82
=-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.


Taliworks Bhd Accounts Receivable Related Terms

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Taliworks Bhd Business Description

Traded in Other Exchanges
N/A
Address
No. 1, Jalan Wan Kadir, Level 19, Menara LGB, Taman Tun Dr. Ismail, Kuala Lumpur, SGR, MYS, 60000
Taliworks Corp Bhd is an investment holding company. The company's operating segment includes Water; Waste management; Construction; Toll highway; Renewables, and others. It generates maximum revenue from the Waste management segment. The Waste Management segment includes solid waste collection and public cleansing management and other related activities. Its Water segment includes management, operations, and maintenance of water treatment plants and water distribution systems. The Construction segment is engaged in the provision of contracting, project, and management services relating to construction contracts. The toll highway segment includes operations and maintenance of toll highways. The renewables segment includes business development of solar and other renewable energy projects.

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