GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Leader Steel Holdings Bhd (XKLS:9881) » Definitions » Accounts Receivable

Leader Steel Holdings Bhd (XKLS:9881) Accounts Receivable : RM18.9 Mil (As of Dec. 2024)


View and export this data going back to 1995. Start your Free Trial

What is Leader Steel Holdings Bhd Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Leader Steel Holdings Bhd's accounts receivables for the quarter that ended in Dec. 2024 was RM18.9 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Leader Steel Holdings Bhd's Days Sales Outstanding for the quarter that ended in Dec. 2024 was 18.91.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Leader Steel Holdings Bhd's Net-Net Working Capital per share for the quarter that ended in Dec. 2024 was RM-0.27.


Leader Steel Holdings Bhd Accounts Receivable Historical Data

The historical data trend for Leader Steel Holdings 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.

Leader Steel Holdings Bhd Accounts Receivable Chart

Leader Steel Holdings Bhd Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 22.23 32.14 19.26 33.00 18.89

Leader Steel Holdings 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 33.00 34.16 41.70 39.63 18.89

Leader Steel Holdings Bhd Accounts Receivable Calculation

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


Leader Steel Holdings 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.

Leader Steel Holdings 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
=18.885/91.132*91
=18.91

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

Leader Steel Holdings 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)
=(41.308+0.75 * 18.885+0.5 * 42.115-117.846
-0-0.037)/154.732
=-0.27

* 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.


Leader Steel Holdings Bhd Accounts Receivable Related Terms

Thank you for viewing the detailed overview of Leader Steel Holdings Bhd's Accounts Receivable provided by GuruFocus.com. Please click on the following links to see related term pages.


Leader Steel Holdings Bhd Business Description

Traded in Other Exchanges
N/A
Address
Wisma Leader Steel, Plot 85, Lorong Perusahaan Utama, Kawasan Perusahaan Bukit Tengah, Bukit Tengah, Seberang Prai Tengah, MYS, 14000
Leader Steel Holdings Bhd is an investment holding company. It is engaged in the business segment of Manufacturing, processing, and trading of steel and metal products and minerals. The group's steel and metal products include steel pipes and tubes, hollow sections, and steel flat bar, whereas the minerals include iron ore, manganese, mill scales, and slags. Geographically, the company operates in Malaysia, China, Hong Kong, Macau, the United Kingdom, and other countries, of which key revenue is generated from Malaysia.

Leader Steel Holdings Bhd Headlines

No Headlines