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Bright Packaging Industry Bhd (XKLS:9938) Accounts Receivable : RM0.00 Mil (As of Nov. 2024)


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What is Bright Packaging Industry Bhd Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Bright Packaging Industry Bhd's accounts receivables for the quarter that ended in Nov. 2024 was RM0.00 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Bright Packaging Industry Bhd's Days Sales Outstanding for the quarter that ended in Nov. 2024 was 0.00.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Bright Packaging Industry Bhd's Net-Net Working Capital per share for the quarter that ended in Nov. 2024 was RM-0.63.


Bright Packaging Industry Bhd Accounts Receivable Historical Data

The historical data trend for Bright Packaging Industry 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.

Bright Packaging Industry Bhd Accounts Receivable Chart

Bright Packaging Industry Bhd Annual Data
Trend Aug15 Aug16 Aug17 Aug18 Aug19 Aug20 Aug21 Aug22 Aug23 Aug24
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 15.83 10.77 20.06 17.43 20.47

Bright Packaging Industry Bhd Quarterly Data
Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24 Nov24
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 16.12 13.25 15.99 20.47 -

Bright Packaging Industry Bhd Accounts Receivable Calculation

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


Bright Packaging Industry 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.

Bright Packaging Industry Bhd's Days Sales Outstanding for the quarter that ended in Nov. 2024 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=0/13.463*91
=0.00

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

Bright Packaging Industry Bhd's Net-Net Working Capital Per Share for the quarter that ended in Nov. 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)
=(0+0.75 * 0+0.5 * 9.56-134.09
-0-0.378)/205.330
=-0.63

* 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.


Bright Packaging Industry Bhd Accounts Receivable Related Terms

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Bright Packaging Industry Bhd Business Description

Traded in Other Exchanges
N/A
Address
No. 23, Jalan Delima 1/3, Subang Hi-Tech Industrial Park, Shah Alam, SGR, MYS, 40000
Bright Packaging Industry Bhd is a manufacturer of aluminum foil laminate within Malaysia. The company is engaged in the manufacturing and printing of aluminum foil packaging materials for the tobacco, liquor, confectionaries, and pharmaceutical industry. It offers a range of services, including lamination, slitting, ink matching, and coating or lacquering. Its products include aluminum foil and metallized film laminate to tissue/woodfree/board and inner frame, and also exports to other countries. Geographically the company generates its revenue from Indonesia, Malaysia, Thailand, Korea, Russia, Phillippines.

Bright Packaging Industry Bhd Headlines

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