GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Samchem Holdings Bhd (XKLS:5147) » Definitions » Accounts Receivable

Samchem Holdings Bhd (XKLS:5147) Accounts Receivable : RM236 Mil (As of Mar. 2024)


View and export this data going back to 2009. Start your Free Trial

What is Samchem Holdings Bhd Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Samchem Holdings Bhd's accounts receivables for the quarter that ended in Mar. 2024 was RM236 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Samchem Holdings Bhd's Days Sales Outstanding for the quarter that ended in Mar. 2024 was 72.34.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Samchem Holdings Bhd's Net-Net Working Capital per share for the quarter that ended in Mar. 2024 was RM0.08.


Samchem Holdings Bhd Accounts Receivable Historical Data

The historical data trend for Samchem 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.

Samchem Holdings Bhd Accounts Receivable Chart

Samchem Holdings 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 212.02 210.35 282.71 186.91 207.45

Samchem 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 210.54 205.00 241.36 207.45 236.43

Samchem Holdings Bhd Accounts Receivable Calculation

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


Samchem 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.

Samchem 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
=236.43/298.242*91
=72.34

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

Samchem 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)
=(96.505+0.75 * 236.43+0.5 * 119.41-255.511
-0-31.822)/544
=0.08

* 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.


Samchem Holdings Bhd Accounts Receivable Related Terms

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


Samchem Holdings Bhd (XKLS:5147) Business Description

Traded in Other Exchanges
N/A
Address
Lot 6, Jalan Sungai Kayu Ara 32/39, Seksyen 32, Shah Alam, SGR, MYS, 40460
Samchem Holdings Bhd is a Malaysia-based chemical distributor firm. The company and its subsidiaries operate in two segments namely, Chemical distribution & blending, which comprises of distribution of polyurethane (PU), intermediate, specialty chemicals, and blending of customized solvents; and Audio-video & ICT distribution segment, which deals in Retail sale of audio-video and trading and distribution of information and communication technology (ITC) system. Majority of its revenue is earned from the chemical distribution and blending segment. Its geographical segments include Malaysia, Indonesia, Vietnam, and Singapore.

Samchem Holdings Bhd (XKLS:5147) Headlines

No Headlines