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Jasa Kita Bhd (XKLS:8648) Accounts Receivable : RM7.81 Mil (As of Dec. 2024)


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What is Jasa Kita Bhd Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Jasa Kita Bhd's accounts receivables for the quarter that ended in Dec. 2024 was RM7.81 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Jasa Kita Bhd's Days Sales Outstanding for the quarter that ended in Dec. 2024 was 112.51.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Jasa Kita Bhd's Net-Net Working Capital per share for the quarter that ended in Dec. 2024 was RM0.15.


Jasa Kita Bhd Accounts Receivable Historical Data

The historical data trend for Jasa Kita 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.

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Jasa Kita Bhd Accounts Receivable Chart

Jasa Kita Bhd Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 11.54 5.80 6.16 6.56 6.53

Jasa Kita Bhd Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 7.64 6.53 6.40 7.22 7.81

Jasa Kita Bhd Accounts Receivable Calculation

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


Jasa Kita 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.

Jasa Kita Bhd's Days Sales Outstanding for the quarter that ended in Dec. 2024 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=7.805/6.33*91
=112.51

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

Jasa Kita Bhd's Net-Net Working Capital Per Share for the quarter that ended in Dec. 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)
=(58.217+0.75 * 7.805+0.5 * 7.362-2.322
-0-0)/449.550
=0.15

* 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.


Jasa Kita Bhd Accounts Receivable Related Terms

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Jasa Kita Bhd Business Description

Traded in Other Exchanges
N/A
Address
No. 8, 3rd Floor, Jalan Segambut, Kuala Lumpur, MYS, 51200
Jasa Kita Bhd is a management and investment holding company. The company's operating segment includes Distribution and trading; Logistics related services; Investment holding and others. The company generates maximum revenue from the Distribution and trading segment which includes trading of electric motors, power tools, engineering and other industrial equipment, automobile batteries, and related automotive industrial products. Geographically, it operates only in Malaysia. Some of its products include Digital Angle Measurer; Pc End Cap Oil Filter Wrench Set; Cordless Tapper; Angle Grinder Quick and others.

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