GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » CI Holdings Bhd (XKLS:2828) » Definitions » Accounts Receivable

CI Holdings Bhd (XKLS:2828) Accounts Receivable : RM501 Mil (As of Mar. 2024)


View and export this data going back to 1983. Start your Free Trial

What is CI Holdings Bhd Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. CI Holdings Bhd's accounts receivables for the quarter that ended in Mar. 2024 was RM501 Mil.

Accounts receivable can be measured by Days Sales Outstanding. CI Holdings Bhd's Days Sales Outstanding for the quarter that ended in Mar. 2024 was 60.04.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. CI Holdings Bhd's Net-Net Working Capital per share for the quarter that ended in Mar. 2024 was RM0.52.


CI Holdings Bhd Accounts Receivable Historical Data

The historical data trend for CI 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.

CI Holdings Bhd Accounts Receivable Chart

CI Holdings Bhd Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 287.27 444.99 446.45 608.93 706.23

CI Holdings 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 635.77 706.23 705.86 610.83 500.88

CI Holdings Bhd Accounts Receivable Calculation

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


CI 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.

CI Holdings 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
=500.877/761.235*91
=60.04

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

CI Holdings 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)
=(310.528+0.75 * 500.877+0.5 * 63.799-509.284
-0-124.558)/162.000
=0.52

* 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.


CI Holdings Bhd Accounts Receivable Related Terms

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


CI Holdings Bhd (XKLS:2828) Business Description

Traded in Other Exchanges
N/A
Address
No. 1, Jalan Mayang Sari, Hampshire Place Office, Suite A-11-1, Level 11, 157 Hampshire, Kuala Lumpur, MYS, 50450
CI Holdings Bhd is engaged in investment holding and the provision of management services. The company's operating segment includes Edible oil; Tap-ware and sanitary ware; and Investment holdings. It generates maximum revenue from the Edible oil segment. The edible oil segment is engaged in the selling, packing, and marketing of all types of edible oil. Its Tap-ware and sanitary ware segment is engaged in the manufacture and trading of household fittings and appliances such as water taps, plumbing accessories and sanitary wares. Geographically, it derives a majority of revenue from Africa and also has a presence in Malaysia; Asia and Other regions.

CI Holdings Bhd (XKLS:2828) Headlines

No Headlines