GPP Resources Bhd (XKLS:03029) Change In Receivables : RM-5.49 Mil (TTM As of Dec. 2023)

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What is GPP Resources Bhd Change In Receivables?

GPP Resources Bhd's change in receivables for the quarter that ended in Dec. 2023 was RM-5.49 Mil. It means GPP Resources Bhd's Accounts Receivable increased by RM5.49 Mil from Jun. 2022 to Dec. 2023 .

GPP Resources Bhd's change in receivables for the fiscal year that ended in Dec. 2020 was RM0.98 Mil. It means GPP Resources Bhd's Accounts Receivable declined by RM0.98 Mil from Dec. 2019 to Dec. 2020 .

GPP Resources Bhd's Accounts Receivable for the quarter that ended in Dec. 2023 was RM6.08 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. GPP Resources Bhd's Days Sales Outstanding for the six months ended in Dec. 2023 was 57.02.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. GPP Resources Bhd's liquidation value for the six months ended in Dec. 2023 was RM-48.46 Mil.

GPP Resources Bhd Change In Receivables Historical Data

The historical data trend for GPP Resources 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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GPP Resources Bhd Change In Receivables Chart

GPP Resources Bhd Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Change In Receivables

-4.83

-5.99

-7.63

0.98

GPP Resources Bhd Semi-Annual Data
	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec23
Change In Receivables	Get a 7-Day Free Trial						0.95	0.94	7.86	-3.65	-5.49

GPP Resources 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 semi-annually data reported by the company within the most recent 12 months, which was RM-5.49 Mil.

GPP Resources Bhd (XKLS:03029) 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.

GPP Resources 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
=	6.076	/	19.448	*	91
=	57.02

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

GPP Resources 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)
=	6.773	-	61.001	+	0.75 * 6.076	+	0.5 * 2.423
=	-48.46

GPP Resources Bhd Change In Receivables Related Terms

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GPP Resources Bhd (XKLS:03029) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » GPP Resources Bhd (XKLS:03029) » Definitions » Change In Receivables

Comparable Companies

Traded in Other Exchanges

N/A

Address

No.7, Jalan Sungai Tiram 1, Ulu Tira, JHR, MYS, 50480

Website

http://www.gppresources.com

GPP Resources Bhd is principally involved in businesses that are related to the use of biomass to produce renewable energy and OPT products. It derives maximum of the revenue from renewable energy. It has three operating segments; Palm oil; Renewable energy plants and energy related facilities; and Manufacturing and Trading. The company earns maximum revenue from Palm oil Segment.

GPP Resources Bhd (XKLS:03029) Headlines

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