Shin Yang Group Bhd (XKLS:5173) Change In Receivables : RM-15.5 Mil (TTM As of Dec. 2023)

View and export this data going back to 2010. Start your Free Trial

What is Shin Yang Group Bhd Change In Receivables?

Shin Yang Group Bhd's change in receivables for the quarter that ended in Dec. 2023 was RM-17.6 Mil. It means Shin Yang Group Bhd's Accounts Receivable increased by RM17.6 Mil from Sep. 2023 to Dec. 2023 .

Shin Yang Group Bhd's change in receivables for the fiscal year that ended in Jun. 2023 was RM19.8 Mil. It means Shin Yang Group Bhd's Accounts Receivable declined by RM19.8 Mil from Jun. 2022 to Jun. 2023 .

Shin Yang Group Bhd's Accounts Receivable for the quarter that ended in Dec. 2023 was RM180.6 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. Shin Yang Group Bhd's Days Sales Outstanding for the three months ended in Dec. 2023 was 70.06.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Shin Yang Group Bhd's liquidation value for the three months ended in Dec. 2023 was RM218.0 Mil.

Shin Yang Group Bhd Change In Receivables Historical Data

The historical data trend for Shin Yang Group 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.

Shin Yang Group Bhd Change In Receivables Chart

Shin Yang Group Bhd Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Change In Receivables

Get a 7-Day Free Trial

-4.12

54.02

-2.18

-25.08

19.83

Shin Yang Group 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															29.00	-2.82	-9.85	14.75	-17.61

Shin Yang Group 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-15.5 Mil.

Shin Yang Group Bhd (XKLS:5173) 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.

Shin Yang Group 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
=	180.627	/	235.274	*	91
=	70.06

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

Shin Yang Group 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)
=	378.33	-	314.22	+	0.75 * 180.627	+	0.5 * 36.822
=	218.0

Shin Yang Group Bhd Change In Receivables Related Terms

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

Shin Yang Group Bhd (XKLS:5173) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Shin Yang Group Bhd (XKLS:5173) » Definitions » Change In Receivables

Traded in Other Exchanges

N/A

Address

Sublot 153, Parent Lot 70, Jalan Kuala Baram, Kuala Baram, Miri, SWK, MYS, 98100

Website

https://www.syshippingcorp.com.my

Shin Yang Group Bhd formerly Shin Yang Shipping Corp Bhd is a shipping company engaged in shipbuilding and shipping services. It has four business segments, shipping, ship repair and fabrication of metal structures segment, domestic and regional shipping segment which generates the majority of revenue, carries out shipping business in coastal and regional routes within Malaysia and the ASEAN region, International shipping segment, Land transportation and hiring services segment, Manufacturing, distribution and marketing of industrial gases, provision of services and maintenance and trading in welding equipment and machinery, and others segment consist of the business of shipping agency. It operates in various countries like Malaysia, Singapore, Netherlands, Japan, Taiwan, and others.

Shin Yang Group Bhd (XKLS:5173) Headlines

No Headlines