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Jerasia Capital Bhd (XKLS:8931) Accounts Receivable : RM9.35 Mil (As of Feb. 2023)


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What is Jerasia Capital Bhd Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Jerasia Capital Bhd's accounts receivables for the quarter that ended in Feb. 2023 was RM9.35 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Jerasia Capital Bhd's Days Sales Outstanding for the quarter that ended in Feb. 2023 was 2,734.28.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Jerasia Capital Bhd's Net-Net Working Capital per share for the quarter that ended in Feb. 2023 was RM-3.33.


Jerasia Capital Bhd Accounts Receivable Historical Data

The historical data trend for Jerasia Capital 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.

Jerasia Capital Bhd Accounts Receivable Chart

Jerasia Capital Bhd Annual Data
Trend Mar11 Mar12 Mar13 Mar14 Mar15 Mar16 Jun17 Jun18 Jun19 Jun20
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 87.32 70.70 52.66 59.65 159.22

Jerasia Capital Bhd Quarterly Data
Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Feb23
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 37.23 89.33 87.12 9.45 9.35

Jerasia Capital Bhd Accounts Receivable Calculation

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


Jerasia Capital 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.

Jerasia Capital Bhd's Days Sales Outstanding for the quarter that ended in Feb. 2023 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=9.349/0.312*91
=2,734.28

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

Jerasia Capital Bhd's Net-Net Working Capital Per Share for the quarter that ended in Feb. 2023 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)
=(0.098+0.75 * 9.349+0.5 * 4.474-282.513
-0-0)/82.046
=-3.33

* 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.


Jerasia Capital Bhd Accounts Receivable Related Terms

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Jerasia Capital Bhd (XKLS:8931) Business Description

Traded in Other Exchanges
N/A
Address
Jalan Cheras, Numbers 2-8, Lorong 6E/91, Taman Shamelin Perkasa, Wilayah Persekutuan, Batu 31/2, Kuala Lumpur, MYS, 56100
Jerasia Capital Bhd through its subsidiaries is engaged in the manufacturing and exporting of fashion apparel and accessories. The business activity of the group is operated through Garment Manufacturing, Retail and Others segments. The Garment manufacturing segments include the manufacture and export of fashion apparel and accessories. The Retail segment involves retailing of fashion apparel and accessories and the Other segment consists of investments and dormant companies. Geographically all the operation are functioned through the region of Malaysia, however, it also has the presence across the region of USA, Europe, Singapore, and Japan. Jerasia Capital derives the majority of revenue from export of apparel and accessories.

Jerasia Capital Bhd (XKLS:8931) Headlines

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