Evergreen Max Cash Capital Bhd (XKLS:0286) Change In Receivables : RM-3.73 Mil (TTM As of Mar. 2024)

View and export this data going back to 2023. Start your Free Trial

What is Evergreen Max Cash Capital Bhd Change In Receivables?

Evergreen Max Cash Capital Bhd's change in receivables for the quarter that ended in Mar. 2024 was RM-3.73 Mil. It means Evergreen Max Cash Capital Bhd's Accounts Receivable increased by RM3.73 Mil from Dec. 2023 to Mar. 2024 .

Evergreen Max Cash Capital Bhd's change in receivables for the fiscal year that ended in Dec. 2023 was RM-32.67 Mil. It means Evergreen Max Cash Capital Bhd's Accounts Receivable increased by RM32.67 Mil from Dec. 2022 to Dec. 2023 .

Evergreen Max Cash Capital Bhd's Accounts Receivable for the quarter that ended in Mar. 2024 was RM208.32 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. Evergreen Max Cash Capital Bhd's Days Sales Outstanding for the three months ended in Mar. 2024 was 705.25.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Evergreen Max Cash Capital Bhd's liquidation value for the three months ended in Mar. 2024 was RM114.75 Mil.

Evergreen Max Cash Capital Bhd Change In Receivables Historical Data

The historical data trend for Evergreen Max Cash Capital 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.

Evergreen Max Cash Capital Bhd Change In Receivables Chart

Evergreen Max Cash Capital Bhd Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Receivables

-20.42

-22.83

-32.31

-47.70

-32.67

Evergreen Max Cash Capital Bhd Quarterly Data
	Dec19	Dec20	Dec21	Sep22	Dec22	Mar23	Sep23	Dec23	Mar24
Change In Receivables	Get a 7-Day Free Trial				-	-3.24	-	-	-3.73

Evergreen Max Cash Capital 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-3.73 Mil.

Evergreen Max Cash Capital Bhd (XKLS:0286) 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.

Evergreen Max Cash Capital 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
=	208.32	/	26.954	*	91
=	705.25

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

Evergreen Max Cash Capital 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)
=	50.658	-	93.339	+	0.75 * 208.32	+	0.5 * 2.383
=	114.75

Evergreen Max Cash Capital Bhd Change In Receivables Related Terms

Thank you for viewing the detailed overview of Evergreen Max Cash Capital Bhd's Change In Receivables provided by GuruFocus.com. Please click on the following links to see related term pages.

Evergreen Max Cash Capital Bhd (XKLS:0286) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Credit Services » Evergreen Max Cash Capital Bhd (XKLS:0286) » Definitions » Change In Receivables

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 1, Jalan Lima Off, Jalan Chan Sow Lin, Lot 11-10, Level 11, Wisma Trax, Wilayah Persekutuan, Kuala Lumpur, MYS, 55200

Website

https://www.emc.capital

Evergreen Max Cash Capital Bhd is an investment holding company that operates through its subsidiaries. The Group is principally involved in the provision of pawnbroking services. It is also involved in the business of retail and trading of gold and other products as well as provision of pawnbroking consultancy services and IT solutions to third-party pawnbrokers.

Evergreen Max Cash Capital Bhd (XKLS:0286) Headlines

No Headlines