Hup Seng Industries Bhd (XKLS:5024) Change In Receivables : RM-4.5 Mil (TTM As of Mar. 2024)

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What is Hup Seng Industries Bhd Change In Receivables?

Hup Seng Industries Bhd's change in receivables for the quarter that ended in Mar. 2024 was RM1.2 Mil. It means Hup Seng Industries Bhd's Accounts Receivable declined by RM1.2 Mil from Dec. 2023 to Mar. 2024 .

Hup Seng Industries Bhd's change in receivables for the fiscal year that ended in Dec. 2023 was RM2.7 Mil. It means Hup Seng Industries Bhd's Accounts Receivable declined by RM2.7 Mil from Dec. 2022 to Dec. 2023 .

Hup Seng Industries Bhd's Accounts Receivable for the quarter that ended in Mar. 2024 was RM35.6 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. Hup Seng Industries Bhd's Days Sales Outstanding for the three months ended in Mar. 2024 was 34.68.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Hup Seng Industries Bhd's liquidation value for the three months ended in Mar. 2024 was RM48.5 Mil.

Hup Seng Industries Bhd Change In Receivables Historical Data

The historical data trend for Hup Seng Industries 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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Hup Seng Industries Bhd Change In Receivables Chart

Hup Seng Industries Bhd Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Receivables

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-1.72

4.40

0.51

-8.48

2.69

Hup Seng Industries 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															8.43	-1.12	-2.58	-2.04	1.24

Hup Seng Industries 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-4.5 Mil.

Hup Seng Industries Bhd (XKLS:5024) 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.

Hup Seng Industries 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
=	35.563	/	93.565	*	91
=	34.68

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

Hup Seng Industries 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)
=	87.791	-	80.642	+	0.75 * 35.563	+	0.5 * 29.314
=	48.5

Hup Seng Industries Bhd Change In Receivables Related Terms

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Hup Seng Industries Bhd (XKLS:5024) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Hup Seng Industries Bhd (XKLS:5024) » Definitions » Change In Receivables

Comparable Companies

Traded in Other Exchanges

N/A

Address

14 Jalan Kilang, Kawasan Perindustrian, Batu Pahat, Tongkang Pecah, JHR, MYS, 83010

Website

https://www.hsib.com.my

Hup Seng Industries Bhd is engaged in the business of manufacturing biscuits. Principally, it is involved in the production and sale of biscuits and confectionery food items as well as beverages. The company operates through three segments. It's Biscuit manufacturing segment manufacture and sells biscuits. The Beverage segment consists of wholesale of coffee mix and all kinds of foodstuff. It's Trading division segment markets and distributes biscuits, confectionery, and other foodstuffs. The company offers special cream crackers, cookies, cream sandwich biscuits, peanut butter sandwich, and many more.

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