Luster Industries Bhd (XKLS:5068) Change In Receivables : RM7.0 Mil (TTM As of Mar. 2024)

View and export this data going back to 2005. Start your Free Trial

What is Luster Industries Bhd Change In Receivables?

Luster Industries Bhd's change in receivables for the quarter that ended in Mar. 2024 was RM-5.7 Mil. It means Luster Industries Bhd's Accounts Receivable increased by RM5.7 Mil from Dec. 2023 to Mar. 2024 .

Luster Industries Bhd's change in receivables for the fiscal year that ended in Dec. 2023 was RM15.7 Mil. It means Luster Industries Bhd's Accounts Receivable declined by RM15.7 Mil from Dec. 2022 to Dec. 2023 .

Luster Industries Bhd's Accounts Receivable for the quarter that ended in Mar. 2024 was RM36.7 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. Luster Industries Bhd's Days Sales Outstanding for the three months ended in Mar. 2024 was 93.09.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Luster Industries Bhd's liquidation value for the three months ended in Mar. 2024 was RM-48.9 Mil.

Luster Industries Bhd Change In Receivables Historical Data

The historical data trend for Luster 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.

* Premium members only.

Luster Industries Bhd Change In Receivables Chart

Luster Industries Bhd Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Receivables

Get a 7-Day Free Trial

-21.89

-28.21

-19.96

63.35

15.71

Luster 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															3.02	4.67	7.57	0.45	-5.68

Luster 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 RM7.0 Mil.

Luster Industries Bhd (XKLS:5068) 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.

Luster 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
=	36.709	/	35.985	*	91
=	93.09

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

Luster 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)
=	91.598	-	265.435	+	0.75 * 36.709	+	0.5 * 194.878
=	-48.9

Luster Industries Bhd Change In Receivables Related Terms

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

Luster Industries Bhd (XKLS:5068) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Luster Industries Bhd (XKLS:5068) » Definitions » Change In Receivables

Comparable Companies

Traded in Other Exchanges

N/A

Address

Plot 36 & 37, Jalan PKNK Utama, Kawasan Perusahaan Sungai Petani, Sungai Petani, KDH, MYS, 08000

Website

http://www.lustergroup.com

Luster Industries Bhd is an investment holding company. The company along with its subsidiaries is engaged in Manufacturing of precision plastic parts, sub-assembly, die-casting components and precision engineering works; Construction and property development; Gaming and leisure; Glove manufacturing and EPCC Contract; and Others, which consist of investment holding and inactive companies. The company earns most of its revenue from precision plastic parts, sub-assembly, die-casting components and precision engineering works also majority from malaysian region.

Luster Industries Bhd (XKLS:5068) Headlines

No Headlines