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Green Ocean Bhd (XKLS:0074) Change In Receivables : RM9.00 Mil (TTM As of Dec. 2023)


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What is Green Ocean Bhd Change In Receivables?

Green Ocean Bhd's change in receivables for the quarter that ended in Dec. 2023 was RM5.56 Mil. It means Green Ocean Bhd's Accounts Receivable declined by RM5.56 Mil from Mar. 2023 to Dec. 2023 .

Green Ocean Bhd's change in receivables for the fiscal year that ended in Jun. 2021 was RM-21.33 Mil. It means Green Ocean Bhd's Accounts Receivable increased by RM21.33 Mil from Mar. 2019 to Jun. 2021 .

Green Ocean Bhd's Accounts Receivable for the quarter that ended in Dec. 2023 was RM2.98 Mil.

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 Receivable are being managed. Green Ocean Bhd's Days Sales Outstanding for the three months ended in Dec. 2023 was 114.21.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Green Ocean Bhd's liquidation value for the three months ended in Dec. 2023 was RM58.22 Mil.


Green Ocean Bhd Change In Receivables Historical Data

The historical data trend for Green Ocean Bhd's Change In Receivables 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.

Green Ocean Bhd Change In Receivables Chart

Green Ocean Bhd Annual Data
Trend Mar11 Mar12 Mar13 Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Jun21
Change In Receivables
Get a 7-Day Free Trial Premium Member Only Premium Member Only -26.41 10.96 21.23 -16.83 -21.33

Green Ocean Bhd Quarterly Data
Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Dec23
Change In Receivables 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 2.43 -1.52 1.01 3.44 5.56

Green Ocean Bhd Change In Receivables Calculation

Change In Accounts Receivable relative to the previous period. It is any increase or decrease in the cash a company is owed by its customers.

Change In Receivables for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was RM9.00 Mil.

* 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.


Green Ocean Bhd  (XKLS:0074) Change In Receivables 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 Receivable are being managed.

Green Ocean 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
=2.975/2.377*91
=114.21

2. In Ben Graham's calculation of liquidation value, Green Ocean Bhd's accounts receivable are only considered to be worth 75% of book value:

Green Ocean Bhd's liquidation value for the quarter that ended in Dec. 2023 is calculated as:

Liquidation Value
=Cash, Cash Equivalents, Marketable Securities-Total Liabilities+(0.75 * Accounts Receivable)+(0.5 * Total Inventories)
=71.44-16.606+0.75 * 2.975+0.5 * 2.311
=58.22

* 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.


Green Ocean Bhd Change In Receivables Related Terms

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Green Ocean Bhd (XKLS:0074) Business Description

Traded in Other Exchanges
N/A
Address
Jalan Kapar, Lot 742, 4th Mile, Klang, SGR, MYS, 42100
Green Ocean Corp Bhd is an investment holding company. The company through its subsidiaries is involved in palm kernel crushing, refining of palm oil and palm kernel oil, trading of refined palm oil products, and general trading in biotech and renewable energy.

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