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XL Holdings Bhd (XKLS:7121) Accounts Receivable : RM16.21 Mil (As of Jan. 2024)


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What is XL Holdings Bhd Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. XL Holdings Bhd's accounts receivables for the quarter that ended in Jan. 2024 was RM16.21 Mil.

Accounts receivable can be measured by Days Sales Outstanding. XL Holdings Bhd's Days Sales Outstanding for the quarter that ended in Jan. 2024 was 103.08.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. XL Holdings Bhd's Net-Net Working Capital per share for the quarter that ended in Jan. 2024 was RM0.07.


XL Holdings Bhd Accounts Receivable Historical Data

The historical data trend for XL Holdings 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.

XL Holdings Bhd Accounts Receivable Chart

XL Holdings Bhd Annual Data
Trend Jan12 Jan13 Jan14 Jan15 Jan16 Jan17 Jan18 Jan19 Jan20 Jan21
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.26 1.43 1.38 2.35 4.46

XL Holdings Bhd Quarterly Data
Oct18 Jan19 Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jul23 Oct23 Jan24
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 18.76 20.47 29.99 23.67 16.21

XL Holdings Bhd Accounts Receivable Calculation

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


XL Holdings 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.

XL Holdings Bhd's Days Sales Outstanding for the quarter that ended in Jan. 2024 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=16.213/14.353*91
=103.08

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

XL Holdings Bhd's Net-Net Working Capital Per Share for the quarter that ended in Jan. 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)
=(6.686+0.75 * 16.213+0.5 * 24.168-12.165
-0--0.374)/263.74
=0.07

* 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.


XL Holdings Bhd Accounts Receivable Related Terms

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XL Holdings Bhd (XKLS:7121) Business Description

Traded in Other Exchanges
N/A
Address
B-09-09, No. 1, Jalan Desa Kiara, Gateway Corporate Suites Gateway Kiaramas, Mont Kiara, Kuala Lumpur, SGR, MYS, 50480
XL Holdings Bhd is an investment company, which engages in the provision of management services. The company's operating segment includes Fish farming, Merchandise, Edible bird nest, Foods, and Investment holding. Foods segment, which is into the Manufacturing and trading of edible foods generates the majority of its revenue. Fish farming is into Breeding and rearing of fishery livestock. Merchandise segment in into trading of fishes, consumables, and aquarium accessories. Edible bird nest segment is into Trading and distribution of edible bird nest.

XL Holdings Bhd (XKLS:7121) Headlines

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