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LB Aluminium Bhd (XKLS:9326) Accounts Receivable : RM127.0 Mil (As of Jan. 2024)


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What is LB Aluminium Bhd Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. LB Aluminium Bhd's accounts receivables for the quarter that ended in Jan. 2024 was RM127.0 Mil.

Accounts receivable can be measured by Days Sales Outstanding. LB Aluminium Bhd's Days Sales Outstanding for the quarter that ended in Jan. 2024 was 45.53.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. LB Aluminium Bhd's Net-Net Working Capital per share for the quarter that ended in Jan. 2024 was RM-0.19.


LB Aluminium Bhd Accounts Receivable Historical Data

The historical data trend for LB Aluminium 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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LB Aluminium Bhd Accounts Receivable Chart

LB Aluminium Bhd Annual Data
Trend Apr14 Apr15 Apr16 Apr17 Apr18 Apr19 Apr20 Apr21 Apr22 Apr23
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 106.19 88.19 115.06 143.51 112.84

LB Aluminium Bhd Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
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 93.60 112.84 117.16 139.46 126.95

LB Aluminium Bhd Accounts Receivable Calculation

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


LB Aluminium 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.

LB Aluminium Bhd's Days Sales Outstanding for the quarter that ended in Jan. 2024 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=126.951/254.422*91
=45.53

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

LB Aluminium Bhd's Net-Net Working Capital Per Share for the quarter that ended in Jan. 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)
=(107.654+0.75 * 126.951+0.5 * 324.357-442.011
-0-4.851)/434.851
=-0.19

* 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.


LB Aluminium Bhd Accounts Receivable Related Terms

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LB Aluminium Bhd (XKLS:9326) Business Description

Traded in Other Exchanges
N/A
Address
Lot 11, Jalan Perusahaan 1, Kawasan Perusahaan Beranang, Semenyih, Beranang, SGR, MYS, 43700
LB Aluminium Bhd is engaged in the business of manufacturing, marketing, and trading aluminum extrusions. The company reports in two segments that are Aluminium and Property development. Their product acts as a raw material for transport, construction, consumer goods, packaging as well as electrical engineering due to its lightweight, excellent conductor of electricity, and durability in nature. Some of its products and services include Aluminium Extrusion, Aluminium Sheets / Coil, Fitting and accessories, Extrusion Presses, and Anodising. Its geographical segments include Malaysia, Singapore, North America, and Others.

LB Aluminium Bhd (XKLS:9326) Headlines

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