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Kpj Healthcare Bhd (XKLS:5878) Accounts Receivable : RM530 Mil (As of Dec. 2023)


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What is Kpj Healthcare Bhd Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Kpj Healthcare Bhd's accounts receivables for the quarter that ended in Dec. 2023 was RM530 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Kpj Healthcare Bhd's Days Sales Outstanding for the quarter that ended in Dec. 2023 was 55.95.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Kpj Healthcare Bhd's Net-Net Working Capital per share for the quarter that ended in Dec. 2023 was RM-0.86.


Kpj Healthcare Bhd Accounts Receivable Historical Data

The historical data trend for Kpj Healthcare 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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Kpj Healthcare Bhd Accounts Receivable Chart

Kpj Healthcare 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 376.02 296.37 344.94 439.02 530.25

Kpj Healthcare Bhd Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 439.02 702.98 685.23 727.57 530.25

Kpj Healthcare Bhd Accounts Receivable Calculation

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


Kpj Healthcare 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.

Kpj Healthcare 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
=530.246/864.815*91
=55.95

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

Kpj Healthcare 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)
=(673.779+0.75 * 530.246+0.5 * 73.008-4718.01
-0-144.988)/4364.3
=-0.86

* 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.


Kpj Healthcare Bhd Accounts Receivable Related Terms

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Kpj Healthcare Bhd (XKLS:5878) Business Description

Traded in Other Exchanges
N/A
Address
Jalan Tun Razak, Level 12, Menara KPJ, Wilayah Persekutuan, Kuala Lumpur, SGR, MYS, 50400
KPJ Healthcare is a healthcare services firm in the Asia-Pacific region. KPJ primarily operates in the Malaysian private healthcare industry and generates almost all its revenue in Malaysia. Its main healthcare business includes hospital operations, new hospital developments, clinical operations, ambulatory care, ancillary services, diagnostic services, and senior and assisted living care. KPJ also renders healthcare solutions and treatments in Indonesia, Thailand, Bangladesh, and Australia.

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