Volcano Bhd (XKLS:0232) Change In Receivables : RM2.55 Mil (TTM As of Mar. 2024)

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What is Volcano Bhd Change In Receivables?

Volcano Bhd's change in receivables for the quarter that ended in Mar. 2024 was RM-1.09 Mil. It means Volcano Bhd's Accounts Receivable increased by RM1.09 Mil from Dec. 2023 to Mar. 2024 .

Volcano Bhd's change in receivables for the fiscal year that ended in Dec. 2020 was RM-3.94 Mil. It means Volcano Bhd's Accounts Receivable increased by RM3.94 Mil from Dec. 2019 to Dec. 2020 .

Volcano Bhd's Accounts Receivable for the quarter that ended in Mar. 2024 was RM14.90 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. Volcano Bhd's Days Sales Outstanding for the three months ended in Mar. 2024 was 79.21.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Volcano Bhd's liquidation value for the three months ended in Mar. 2024 was RM37.87 Mil.

Volcano Bhd Change In Receivables Historical Data

The historical data trend for Volcano 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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Volcano Bhd Change In Receivables Chart

Volcano Bhd Annual Data

Trend

Dec18

Dec19

Dec20

Change In Receivables

0.56

1.38

-3.94

Volcano Bhd Quarterly Data
	Dec18	Dec19	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Mar23	Sep23	Dec23	Mar24
Change In Receivables	Get a 7-Day Free Trial									-0.84	-	-6.07	9.71	-1.09

Volcano 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 RM2.55 Mil.

Volcano Bhd (XKLS:0232) 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.

Volcano 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
=	14.903	/	17.169	*	91
=	79.21

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

Volcano 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)
=	31.103	-	13.838	+	0.75 * 14.903	+	0.5 * 18.857
=	37.87

Volcano Bhd Change In Receivables Related Terms

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Volcano Bhd (XKLS:0232) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Volcano Bhd (XKLS:0232) » Definitions » Change In Receivables

Comparable Companies

Traded in Other Exchanges

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Address

1411 Jalan Perusahaan Kawasan, Perusahaan Perai 1, Butterworth, Perai, PNG, MYS, 13600

Website

https://www.volcano.com.my

Volcano Bhd is a manufacturer of parts and components including metal and non-metal nameplates and plastic injection moulded parts. Geographically the company's manufacturing facilities is located in Malaysia and Thailand to serve multinational customers across various industries such as electrical and electronic, automotive, food, furniture, aerospace and label industries. The company operates in Malaysia, Singapore, Thailand, Indonesia, China, USA and other countries. It earns majority of its revenue from Thailand.

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