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Pesona Metro Holdings Bhd (XKLS:8311) Accounts Receivable : RM282.6 Mil (As of Dec. 2023)


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What is Pesona Metro Holdings Bhd Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Pesona Metro Holdings Bhd's accounts receivables for the quarter that ended in Dec. 2023 was RM282.6 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Pesona Metro Holdings Bhd's Days Sales Outstanding for the quarter that ended in Dec. 2023 was 185.96.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Pesona Metro Holdings Bhd's Net-Net Working Capital per share for the quarter that ended in Dec. 2023 was RM-0.39.


Pesona Metro Holdings Bhd Accounts Receivable Historical Data

The historical data trend for Pesona Metro 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.

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Pesona Metro Holdings Bhd Accounts Receivable Chart

Pesona Metro Holdings Bhd Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 196.61 257.34 273.04 177.24 282.55

Pesona Metro Holdings Bhd Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 177.24 201.55 223.94 307.16 282.55

Pesona Metro Holdings Bhd Accounts Receivable Calculation

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


Pesona Metro 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.

Pesona Metro Holdings Bhd's Days Sales Outstanding for the quarter that ended in Dec. 2023 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=282.553/138.649*91
=185.96

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

Pesona Metro Holdings Bhd's Net-Net Working Capital Per Share for the quarter that ended in Dec. 2023 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)
=(17.813+0.75 * 282.553+0.5 * 0-472.986
-0-24.364)/694.987
=-0.39

* 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.


Pesona Metro Holdings Bhd Accounts Receivable Related Terms

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Pesona Metro Holdings Bhd (XKLS:8311) Business Description

Traded in Other Exchanges
N/A
Address
No. 39, Jalan SB Indah 1/19, Taman Sungai Besi Indah, Seri Kembangan, SGR, MYS, 43300
Pesona Metro Holdings Bhd is an investment holding company that is involved in activities of civil engineering, building construction, river rehabilitation and beautification, the manufacturing-cum-trading of building-related materials, and concessionaire activities. It operates through the segments of Construction works segment, which is the key revenue driver that includes construction of building, infrastructure and project planning cum implementation contractor. The Manufacturing and trading of the polyurethane segment involve the manufacturing and trading of polyurethane and building system. The Concession segment engages in the maintenance service of the Student Hostel. The Investment holding segment engages in investment holding. Its activities are carried out within Malaysia.

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