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Oriental Interest Bhd (XKLS:5827) Accounts Receivable : RM139.5 Mil (As of Feb. 2024)


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What is Oriental Interest Bhd Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Oriental Interest Bhd's accounts receivables for the quarter that ended in Feb. 2024 was RM139.5 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Oriental Interest Bhd's Days Sales Outstanding for the quarter that ended in Feb. 2024 was 93.16.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Oriental Interest Bhd's Net-Net Working Capital per share for the quarter that ended in Feb. 2024 was RM-1.13.


Oriental Interest Bhd Accounts Receivable Historical Data

The historical data trend for Oriental Interest 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.

Oriental Interest Bhd Accounts Receivable Chart

Oriental Interest Bhd Annual Data
Trend Jun13 Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Aug21 Aug22 Aug23
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 55.86 32.90 114.70 97.40 94.12

Oriental Interest Bhd Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24
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 117.70 97.12 94.12 124.25 139.53

Oriental Interest Bhd Accounts Receivable Calculation

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


Oriental Interest 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.

Oriental Interest Bhd's Days Sales Outstanding for the quarter that ended in Feb. 2024 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=139.53/136.668*91
=93.16

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

Oriental Interest Bhd's Net-Net Working Capital Per Share for the quarter that ended in Feb. 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)
=(72.212+0.75 * 139.53+0.5 * 336.94-774.039
-0-95.705)/464.575
=-1.13

* 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.


Oriental Interest Bhd Accounts Receivable Related Terms

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Oriental Interest Bhd (XKLS:5827) Business Description

Traded in Other Exchanges
N/A
Address
34 and 35, Lengkok Cempaka 2, Bandar Amanjaya, Sungai Petani, KDH, MYS, 08000
Oriental Interest Bhd is engaged in providing management services. It operates in the following segments: Property Development, Construction, Investment holding, Oil palm cultivation, and Hotel operation. Its project portfolio is spread across the Northern and Central regions of Malaysia. The majority of the revenue is derived from property development. The Group operates only in Malaysia.

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