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Pacific & Orient Bhd (XKLS:6009) Accounts Receivable : RM2.1 Mil (As of Mar. 2024)


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What is Pacific & Orient Bhd Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Pacific & Orient Bhd's accounts receivables for the quarter that ended in Mar. 2024 was RM2.1 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Pacific & Orient Bhd's Days Sales Outstanding for the quarter that ended in Mar. 2024 was 2.62.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Pacific & Orient Bhd's Net-Net Working Capital per share for the quarter that ended in Mar. 2024 was RM-1.87.


Pacific & Orient Bhd Accounts Receivable Historical Data

The historical data trend for Pacific & Orient 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.

Pacific & Orient Bhd Accounts Receivable Chart

Pacific & Orient Bhd Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 27.19 20.54 28.36 18.33 14.92

Pacific & Orient 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 17.42 19.55 14.92 1.55 2.10

Pacific & Orient Bhd Accounts Receivable Calculation

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


Pacific & Orient 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.

Pacific & Orient 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
=2.098/72.971*91
=2.62

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

Pacific & Orient 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)
=(299.29+0.75 * 2.098+0.5 * 0-706.51
-0-117.929)/280.648
=-1.87

* 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.


Pacific & Orient Bhd Accounts Receivable Related Terms

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Pacific & Orient Bhd (XKLS:6009) Business Description

Traded in Other Exchanges
N/A
Address
No. 10, Jalan Raja Laut, 11th Floor, Wisma Bumi Raya, Kuala Lumpur, SGR, MYS, 50350
Pacific & Orient Bhd is an investment holding company, which operates in diversified businesses. Its business in Malaysia is organized under five segments which include Insurance, Information technology, investment holding, money lending and Investment in start-ups . The company generates the majority of its revenues from the Insurance segment. Other operations in Malaysia include the distribution of consumer goods, property development, dealings in properties and investing in start-up companies. It also operates in the United States of America (information technology and property development), Thailand (information technology) and England (investing in the real estate market and startup companies).Geographically, majority revenue is generated from Malaysia.

Pacific & Orient Bhd (XKLS:6009) Headlines

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