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Supermax Bhd (XKLS:7106) Accounts Receivable : RM70.8 Mil (As of Mar. 2024)


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What is Supermax Bhd Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Supermax Bhd's accounts receivables for the quarter that ended in Mar. 2024 was RM70.8 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Supermax Bhd's Days Sales Outstanding for the quarter that ended in Mar. 2024 was 45.20.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Supermax Bhd's Net-Net Working Capital per share for the quarter that ended in Mar. 2024 was RM0.45.


Supermax Bhd Accounts Receivable Historical Data

The historical data trend for Supermax 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.

Supermax Bhd Accounts Receivable Chart

Supermax Bhd Annual Data
Trend Dec13 Dec14 Dec15 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 149.52 242.77 627.71 152.38 53.31

Supermax 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 49.03 53.31 39.56 47.54 70.84

Supermax Bhd Accounts Receivable Calculation

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


Supermax 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.

Supermax 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
=70.837/143.01*91
=45.20

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

Supermax 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)
=(1511.344+0.75 * 70.837+0.5 * 176.205-404.428
-0-83.222)/2576.12
=0.45

* 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.


Supermax Bhd Accounts Receivable Related Terms

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Supermax Bhd (XKLS:7106) Business Description

Traded in Other Exchanges
N/A
Address
Lot 38, Putra Industrial Park, Bukit Rahman Putra, Petaling Jaya, SGR, MYS, 40160
Supermax Corp Bhd is an investment holding company. The company is an international manufacturer, distributor, and marketer of high-quality medical gloves and contact lenses. It offers various types of latex gloves, which are exported to over 155 countries around the world. The company is organized into the following operating segments, Investment Holding, Manufacturing of Gloves, Trading of Gloves and Others. It has operational footprints across America, Europe and Asia. The company's largest end market by revenue is in North, Central and South America. The company generates maximum revenue from the Trading of Gloves segment.

Supermax Bhd (XKLS:7106) Headlines

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