Frontken Bhd (XKLS:0128) Change In Receivables : RM-1.0 Mil (TTM As of Mar. 2024)

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What is Frontken Bhd Change In Receivables?

Frontken Bhd's change in receivables for the quarter that ended in Mar. 2024 was RM0.9 Mil. It means Frontken Bhd's Accounts Receivable declined by RM0.9 Mil from Dec. 2023 to Mar. 2024 .

Frontken Bhd's change in receivables for the fiscal year that ended in Dec. 2023 was RM10.7 Mil. It means Frontken Bhd's Accounts Receivable declined by RM10.7 Mil from Dec. 2022 to Dec. 2023 .

Frontken Bhd's Accounts Receivable for the quarter that ended in Mar. 2024 was RM123.7 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. Frontken Bhd's Days Sales Outstanding for the three months ended in Mar. 2024 was 80.33.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Frontken Bhd's liquidation value for the three months ended in Mar. 2024 was RM351.1 Mil.

Frontken Bhd Change In Receivables Historical Data

The historical data trend for Frontken 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.

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Frontken Bhd Change In Receivables Chart

Frontken Bhd Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Receivables

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20.36

-14.95

-11.50

-19.82

10.71

Frontken Bhd Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Change In Receivables	Get a 7-Day Free Trial															12.57	-5.81	0.32	3.63	0.89

Frontken 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 Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was RM-1.0 Mil.

Frontken Bhd (XKLS:0128) 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.

Frontken 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
=	123.706	/	140.517	*	91
=	80.33

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

Frontken Bhd's liquidation value for the quarter that ended in Mar. 2024 is calculated as:

	Liquidation Value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	444.765	-	198.205	+	0.75 * 123.706	+	0.5 * 23.579
=	351.1

Frontken Bhd Change In Receivables Related Terms

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Frontken Bhd (XKLS:0128) Business Description

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GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Frontken Corp Bhd (XKLS:0128) » Definitions » Change In Receivables

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Address

No. 9, Jalan 16/11, Off Jalan Damansara, Suite 301, Block F, Pusat Dagangan Phileo Damansara 1, Petaling Jaya, SGR, MYS, 46350

Website

https://www.frontken.com

Frontken Corp Bhd is a Malaysia-based investment holding firm. The company with its subsidiaries are engaged in providing surface and mechanical engineering solutions, serving a wide range of heavy industries such as Oil and Gas, Power Generation, Semiconductors, and the Marine industry. It also provides various specialized engineering services, such as thermal spray coating, cold build-up coating, plating and conversion coating, specialized welding, precision cleaning, abrasive blasting, machining and grinding. In addition, the company provides surface treatment and precision cleaning for the thin film transistor liquid crystal display and semiconductor industries. Its revenue comes from the Singapore market, while it also has a presence in Malaysia, Taiwan, and other countries.

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