LKL International Bhd (XKLS:0182) Accounts Receivable : RM11.98 Mil (As of Dec. 2023)

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What is LKL International Bhd Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. LKL International Bhd's accounts receivables for the quarter that ended in Dec. 2023 was RM11.98 Mil.

Accounts receivable can be measured by Days Sales Outstanding. LKL International Bhd's Days Sales Outstanding for the quarter that ended in Dec. 2023 was 68.56.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. LKL International Bhd's Net-Net Working Capital per share for the quarter that ended in Dec. 2023 was RM0.03.

LKL International Bhd Accounts Receivable Historical Data

The historical data trend for LKL International 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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LKL International Bhd Accounts Receivable Chart

LKL International Bhd Annual Data

Trend

Apr15

Apr16

Apr17

Apr18

Apr19

Apr20

Sep22

Dec23

Accounts Receivable

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6.72

8.13

19.03

7.70

11.98

LKL International Bhd Quarterly Data
	Jul18	Oct18	Jan19	Apr19	Jul19	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Jul21	Dec21	Mar22	Jun22	Sep22	Mar23	Jun23	Sep23	Dec23
Accounts Receivable	Get a 7-Day Free Trial															7.70	8.76	9.61	10.42	11.98

LKL International Bhd Accounts Receivable Calculation

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

LKL International 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.

LKL International Bhd's Days Sales Outstanding for the quarter that ended in Dec. 2023 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	11.977	/	15.94	*	91
=	68.56

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

LKL International Bhd's Net-Net Working Capital Per Share for the quarter that ended in Dec. 2023 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)
=	(36.571	+	0.75 * 11.977	+	0.5 * 16.619	-	43.943
-	0	-	-0.638)	/	388.057
=	0.03

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.

LKL International Bhd Accounts Receivable Related Terms

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LKL International Bhd (XKLS:0182) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Devices & Instruments » LKL International Bhd (XKLS:0182) » Definitions » Accounts Receivable

Comparable Companies

Traded in Other Exchanges

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Address

Wisma LKL, No.3, Jalan BS7/18, Kawasan Perindustrian Bukit Serdang, Seksyen 7, Seri Kembangan, SGR, MYS, 43300

Website

https://www.lklbeds.com

LKL International Bhd is Malaysian company which is principally engaged in the provision of medical and healthcare beds, peripherals and accessories. The company's operating segments are Manufacturing and Trading. The Manufacturing segment is involved in the manufacturing of medical and healthcare beds, medical peripherals and accessories and the Trading segment is involved in trading of medical peripherals and accessories. The company serves its products to various end users such as hospitals and medical centers, as well as other healthcare-related facilities including clinics and specialist institutions. LKL operates its business in Malaysia, Africa, Asia, Europe and other regions. Majority of its revenue is earned from Malaysia.

LKL International Bhd (XKLS:0182) Headlines

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