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Bonia Bhd (XKLS:9288) Accounts Receivable : RM65.1 Mil (As of Dec. 2024)


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What is Bonia Bhd Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Bonia Bhd's accounts receivables for the quarter that ended in Dec. 2024 was RM65.1 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Bonia Bhd's Days Sales Outstanding for the quarter that ended in Dec. 2024 was 55.02.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Bonia Bhd's Net-Net Working Capital per share for the quarter that ended in Dec. 2024 was RM-0.35.


Bonia Bhd Accounts Receivable Historical Data

The historical data trend for Bonia 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.

Bonia Bhd Accounts Receivable Chart

Bonia Bhd Annual Data
Trend Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 26.43 24.07 27.10 30.68 29.74

Bonia 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 73.89 59.72 29.74 61.28 65.14

Bonia Bhd Accounts Receivable Calculation

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


Bonia 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.

Bonia 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
=65.136/108.035*91
=55.02

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

Bonia 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)
=(114.57+0.75 * 65.136+0.5 * 101.872-236.468
-0-47.496)/200.995
=-0.35

* 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.


Bonia Bhd Accounts Receivable Related Terms

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Bonia Bhd Business Description

Traded in Other Exchanges
N/A
Address
Lot 160, Jalan Cerdas, Level 6, Ikon Connaught, Taman Connaught, Cheras, Wilayah Persekutuan, Kuala Lumpur, MYS, 56000
Bonia Corp Bhd is principally engaged in product design, manufacture, promotion, marketing, distribution, wholesale, and retail of luxury leatherwear, footwear, apparel, accessories, and eyewear for both men and women under its in-house brands as well as other internationally licensed brands. It operates through the following segments: Retailing which generates maximum revenue and designs, promotes, and markets fashionable apparels, footwear, accessories, and leather goods; Manufacturing segment which manufactures and markets fashionable leather goods; and Investment and property development which engages in rental and development of commercial properties. Geographically, the company derives its key revenue from Malaysia and the rest from Singapore, Indonesia, and other regions.

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