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Cepatwawasan Group Bhd (XKLS:8982) Accounts Receivable : RM8.2 Mil (As of Sep. 2024)


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What is Cepatwawasan Group Bhd Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Cepatwawasan Group Bhd's accounts receivables for the quarter that ended in Sep. 2024 was RM8.2 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Cepatwawasan Group Bhd's Days Sales Outstanding for the quarter that ended in Sep. 2024 was 9.96.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Cepatwawasan Group Bhd's Net-Net Working Capital per share for the quarter that ended in Sep. 2024 was RM0.02.


Cepatwawasan Group Bhd Accounts Receivable Historical Data

The historical data trend for Cepatwawasan Group 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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Cepatwawasan Group Bhd Accounts Receivable Chart

Cepatwawasan Group 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 9.15 9.45 13.14 7.84 9.08

Cepatwawasan Group Bhd Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 9.51 9.08 9.80 8.28 8.22

Cepatwawasan Group Bhd Accounts Receivable Calculation

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


Cepatwawasan Group 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.

Cepatwawasan Group Bhd's Days Sales Outstanding for the quarter that ended in Sep. 2024 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=8.22/75.277*91
=9.96

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

Cepatwawasan Group Bhd's Net-Net Working Capital Per Share for the quarter that ended in Sep. 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)
=(77.975+0.75 * 8.22+0.5 * 21.054-82.782
-0-4.26)/308.967
=0.02

* 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.


Cepatwawasan Group Bhd Accounts Receivable Related Terms

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Cepatwawasan Group Bhd Business Description

Traded in Other Exchanges
N/A
Address
Mile 4, North Road, Lot 70, Block 6, Prima Square, Sandakan, SBH, MYS, 90000
Cepatwawasan Group Bhd is an investment holding company. It is engaged in oil palm cultivation, milling, quarrying, sales of oil palm products, and power generation. It operates in various segments which are Plantation, Mill, Power plant, and other segments. The Plantation segment is engaged in the cultivation of oil palm. The Mill segment is engaged in the milling and sale of oil palm products. The Power plant segment is engaged in power generation and sale of biomass by-products. All other segment is engaged in the extraction and sale of earth stones and others. The Mill segment generates maximum revenue for the company.

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