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Mudajaya Group Bhd (XKLS:5085) Accounts Receivable : RM935.6 Mil (As of Mar. 2024)


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What is Mudajaya Group Bhd Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Mudajaya Group Bhd's accounts receivables for the quarter that ended in Mar. 2024 was RM935.6 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Mudajaya Group Bhd's Days Sales Outstanding for the quarter that ended in Mar. 2024 was 1,060.65.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Mudajaya Group Bhd's Net-Net Working Capital per share for the quarter that ended in Mar. 2024 was RM-0.42.


Mudajaya Group Bhd Accounts Receivable Historical Data

The historical data trend for Mudajaya Group 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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Mudajaya Group Bhd Accounts Receivable Chart

Mudajaya Group 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 43.37 136.40 87.31 296.19 438.59

Mudajaya Group 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 717.56 727.40 732.88 438.59 935.64

Mudajaya Group Bhd Accounts Receivable Calculation

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


Mudajaya Group 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.

Mudajaya Group 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
=935.637/80.495*91
=1,060.65

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

Mudajaya Group 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)
=(216.307+0.75 * 935.637+0.5 * 88.152-1471.327
-0-287.095)/1875.92
=-0.42

* 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.


Mudajaya Group Bhd Accounts Receivable Related Terms

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Mudajaya Group Bhd (XKLS:5085) Business Description

Traded in Other Exchanges
N/A
Address
Number 12A, Jalan PJU 7/3, PH1, Menara Mudajaya, Mutiara Damansara, Petaling Jaya, MYS, 47810
Mudajaya Group Bhd along with its subsidiaries, the firm operates in four reportable segments including Construction contracts, Property, Power, Trading, and manufacturing. The construction contracts segment is engaged in undertaking engineering, construction works, and equipment procurement. The property segment develops residential and commercial properties. The power segment is engaged in the sale of power energy. And Trading and manufacturing segment is engaged in the sales and manufacturing of construction-related products. It operates in Malaysia, Indonesia, India, the Republic of Mauritius, and Negara Brunei Darussalam. The company generates the majority of its revenue from the Construction contracts segment.

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