Permaju Industries Bhd (XKLS:7080) Accounts Receivable : RM4.42 Mil (As of Mar. 2024)

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What is Permaju Industries Bhd Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Permaju Industries Bhd's accounts receivables for the quarter that ended in Mar. 2024 was RM4.42 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Permaju Industries Bhd's Days Sales Outstanding for the quarter that ended in Mar. 2024 was 38.39.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Permaju Industries Bhd's Net-Net Working Capital per share for the quarter that ended in Mar. 2024 was RM-0.02.

Permaju Industries Bhd Accounts Receivable Historical Data

The historical data trend for Permaju Industries 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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Permaju Industries Bhd Accounts Receivable Chart

Permaju Industries Bhd Annual Data

Trend

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Jun20

Jun21

Jun22

Jun23

Accounts Receivable

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4.92

1.35

0.39

22.76

35.38

Permaju Industries 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															4.76	35.38	5.92	5.98	4.42

Permaju Industries Bhd Accounts Receivable Calculation

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

Permaju Industries 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.

Permaju Industries 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
=	4.424	/	10.516	*	91
=	38.39

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

Permaju Industries 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)
=	(6.835	+	0.75 * 4.424	+	0.5 * 13.424	-	26.53
-	38.433	-	0)	/	1949.09
=	-0.02

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.

Permaju Industries Bhd Accounts Receivable Related Terms

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Permaju Industries Bhd (XKLS:7080) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Permaju Industries Bhd (XKLS:7080) » Definitions » Accounts Receivable

Comparable Companies

Traded in Other Exchanges

7080PA.PFD:Malaysia

Address

Lot 45182, Sungai Penchala, Off Jalan Damansara, Wisma Cergaz, Wilayah Persekutuan, Kuala Lumpur, SGR, MYS, 60000

Website

https://www.permaju.com.my

Permaju Industries Bhd is Malaysia-based investment holding firm. The company is engaged in the sales and distribution of automobile vehicles. The company operates in five business segments namely; Timber segment comprises of sale of timber logs and related timber products and holding of timber concession and tree plantation, Automotive comprises of sale and distribution of motor vehicles and provision of related services which also contributes a majorly in revenue, Property segment consists of development and construction of property, EV Division consists of Rental of luxury EV motor vehicles and Other segment involved in group level corporate services and investment holding activity. Majority of its revenue comes from the Malaysian market.

Permaju Industries Bhd (XKLS:7080) Headlines

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