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GHL Systems Bhd (XKLS:0021) Accounts Receivable : RM287.4 Mil (As of Mar. 2024)


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What is GHL Systems Bhd Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. GHL Systems Bhd's accounts receivables for the quarter that ended in Mar. 2024 was RM287.4 Mil.

Accounts receivable can be measured by Days Sales Outstanding. GHL Systems Bhd's Days Sales Outstanding for the quarter that ended in Mar. 2024 was 213.91.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. GHL Systems Bhd's Net-Net Working Capital per share for the quarter that ended in Mar. 2024 was RM0.12.


GHL Systems Bhd Accounts Receivable Historical Data

The historical data trend for GHL Systems 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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GHL Systems Bhd Accounts Receivable Chart

GHL Systems 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 51.25 42.24 54.19 84.55 171.10

GHL Systems Bhd Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 201.56 253.46 303.73 171.10 287.37

GHL Systems Bhd Accounts Receivable Calculation

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


GHL Systems 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.

GHL Systems Bhd's Days Sales Outstanding for the quarter that ended in Mar. 2024 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=287.368/122.585*91
=213.91

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

GHL Systems Bhd's Net-Net Working Capital Per Share for the quarter that ended in Mar. 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)
=(182.885+0.75 * 287.368+0.5 * 59.98-294.528
-0-0.185)/1141.5
=0.12

* 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.


GHL Systems Bhd Accounts Receivable Related Terms

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GHL Systems Bhd (XKLS:0021) Business Description

Traded in Other Exchanges
N/A
Address
Jalan Dataran SD1, Dataran SD, PJU 9, C-G-15, Block C, Bandar Sri Damansara, Kuala Lumpur, MYS, 52200
GHL Systems Bhd is a Malaysian company that acts as a payment services provider having its business operations in Malaysia, Philippines, Thailand, Indonesia, Cambodia, and Australia. The operating segments of the company are Shared Services, Solution Service, and Transaction Payment Acquisition. Shared Services comprises the sale, rental, and maintenance of EDC terminals and other card acceptance devices. Solution Services comprises the sale and maintenance of hardware devices and software. Transaction Payment Acquisition comprises e-pay services which include telco prepaid and other top-up facilities and bill collection services for consumers as well as electronic payment services. Majority of the company's revenue comes from Malaysia.

GHL Systems Bhd (XKLS:0021) Headlines

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