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Ahmad Zaki Resources Bhd (XKLS:7078) Accounts Receivable : RM404.6 Mil (As of Mar. 2024)


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What is Ahmad Zaki Resources Bhd Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Ahmad Zaki Resources Bhd's accounts receivables for the quarter that ended in Mar. 2024 was RM404.6 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Ahmad Zaki Resources Bhd's Days Sales Outstanding for the quarter that ended in Mar. 2024 was 393.09.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Ahmad Zaki Resources Bhd's Net-Net Working Capital per share for the quarter that ended in Mar. 2024 was RM-5.49.


Ahmad Zaki Resources Bhd Accounts Receivable Historical Data

The historical data trend for Ahmad Zaki Resources 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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Ahmad Zaki Resources Bhd Accounts Receivable Chart

Ahmad Zaki Resources Bhd Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Jun21 Jun22 Jun23
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 355.69 430.92 382.85 300.10 261.39

Ahmad Zaki Resources Bhd Quarterly Data
Dec18 Mar19 Jun19 Sep19 Mar20 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 349.97 261.39 311.38 334.37 404.62

Ahmad Zaki Resources Bhd Accounts Receivable Calculation

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


Ahmad Zaki Resources 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.

Ahmad Zaki Resources 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
=404.622/93.927*91
=393.09

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

Ahmad Zaki Resources 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)
=(430.235+0.75 * 404.622+0.5 * 9.627-4344.435
-0--4.576)/656.078
=-5.49

* 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.


Ahmad Zaki Resources Bhd Accounts Receivable Related Terms

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Ahmad Zaki Resources Bhd (XKLS:7078) Business Description

Traded in Other Exchanges
N/A
Address
No. 71, Persiaran Gurney, Menara AZRB, Kuala Lumpur, SGR, MYS, 54000
Ahmad Zaki Resources Bhd is an investment holding company. The company's operating segment includes Engineering and Construction; Concession; Oil and Gas; Plantation; Property and Others. It generates maximum revenue from the Engineering and Construction segment. The Engineering and Construction segment includes civil and structural works. Geographically, it derives a majority of its revenue from Malaysia. Malaysia region includes civil and structural works, concession assets management, dealing in marine fuels, lubricants, petroleum-based products, logistic management, vessel-related services, property development, investment holding, and provision of management services.

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