Southern Acids (M) Bhd (XKLS:5134) Change In Receivables : RM-2.9 Mil (TTM As of Dec. 2023)

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What is Southern Acids (M) Bhd Change In Receivables?

Southern Acids (M) Bhd's change in receivables for the quarter that ended in Dec. 2023 was RM0.8 Mil. It means Southern Acids (M) Bhd's Accounts Receivable declined by RM0.8 Mil from Sep. 2023 to Dec. 2023 .

Southern Acids (M) Bhd's change in receivables for the fiscal year that ended in Mar. 2023 was RM37.0 Mil. It means Southern Acids (M) Bhd's Accounts Receivable declined by RM37.0 Mil from Mar. 2022 to Mar. 2023 .

Southern Acids (M) Bhd's Accounts Receivable for the quarter that ended in Dec. 2023 was RM54.0 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. Southern Acids (M) Bhd's Days Sales Outstanding for the three months ended in Dec. 2023 was 21.19.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Southern Acids (M) Bhd's liquidation value for the three months ended in Dec. 2023 was RM363.4 Mil.

Southern Acids (M) Bhd Change In Receivables Historical Data

The historical data trend for Southern Acids (M) 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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Southern Acids (M) Bhd Change In Receivables Chart

Southern Acids (M) Bhd Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Change In Receivables

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19.58

-11.88

-18.53

-42.21

37.05

Southern Acids (M) Bhd Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Change In Receivables	Get a 7-Day Free Trial															35.42	0.46	-8.29	4.07	0.84

Southern Acids (M) 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 quarterly data reported by the company within the most recent 12 months, which was RM-2.9 Mil.

Southern Acids (M) Bhd (XKLS:5134) 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.

Southern Acids (M) 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
=	54.015	/	232.576	*	91
=	21.19

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

Southern Acids (M) 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)
=	389.78	-	113.092	+	0.75 * 54.015	+	0.5 * 92.447
=	363.4

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Southern Acids (M) Bhd (XKLS:5134) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Conglomerates » Southern Acids (M) Bhd (XKLS:5134) » Definitions » Change In Receivables

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Traded in Other Exchanges

N/A

Address

No. 8, Jalan Batu Tiga Lama, Level 29, Centro Tower, Klang, SGR, MYS, 41300

Website

http://www.southernacids.com

Southern Acids (M) Bhd is an investment holding and the provision of a management service company. The company's operating segment includes Oleochemical; Healthcare; Milling and Cultivation and Investments and services. It generates maximum revenue from the Milling and Cultivation segment. The Oleochemical Segment is involved in the manufacturing and marketing of fatty acids and glycerine. Its Milling and Cultivation Segment is principally engaged in the processing of Fresh Fruit Bunches. Geographically, it has a presence in Malaysia, Indonesia, Europe, America, and Other Countries.

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