K. Seng Seng Bhd (XKLS:5192) Change In Receivables : RM-45.5 Mil (TTM As of Mar. 2024)

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What is K. Seng Seng Bhd Change In Receivables?

K. Seng Seng Bhd's change in receivables for the quarter that ended in Mar. 2024 was RM-9.9 Mil. It means K. Seng Seng Bhd's Accounts Receivable increased by RM9.9 Mil from Dec. 2023 to Mar. 2024 .

K. Seng Seng Bhd's change in receivables for the fiscal year that ended in Dec. 2023 was RM-41.8 Mil. It means K. Seng Seng Bhd's Accounts Receivable increased by RM41.8 Mil from Dec. 2022 to Dec. 2023 .

K. Seng Seng Bhd's Accounts Receivable for the quarter that ended in Mar. 2024 was RM99.3 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. K. Seng Seng Bhd's Days Sales Outstanding for the three months ended in Mar. 2024 was 94.00.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. K. Seng Seng Bhd's liquidation value for the three months ended in Mar. 2024 was RM-31.4 Mil.

K. Seng Seng Bhd Change In Receivables Historical Data

The historical data trend for K. Seng Seng 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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K. Seng Seng Bhd Change In Receivables Chart

K. Seng Seng Bhd Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Receivables

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1.86

-11.36

-21.75

14.11

-41.80

K. Seng Seng 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															-6.29	-8.80	-12.55	-14.16	-9.94

K. Seng Seng 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-45.5 Mil.

K. Seng Seng Bhd (XKLS:5192) 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.

K. Seng Seng 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
=	99.321	/	96.412	*	91
=	94.00

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

K. Seng Seng 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)
=	35.515	-	174.566	+	0.75 * 99.321	+	0.5 * 66.305
=	-31.4

K. Seng Seng Bhd Change In Receivables Related Terms

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K. Seng Seng Bhd (XKLS:5192) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » K. Seng Seng Corp Bhd (XKLS:5192) » Definitions » Change In Receivables

Comparable Companies

Traded in Other Exchanges

N/A

Address

Lot 3707, Jalan 7/5, Taman Industri Selesa Jaya, Balakong, SGR, MYS, 43300

Website

https://www.kssc.com.my

K. Seng Seng Corp Bhd is an investment holding company. It operates through the segments of Stainless steel and metal-related products; Marine hardware and consumables, Other industrial hardware, Investment holding, and Engineering works. The group has a business presence in Malaysia and other countries. The key revenue is derived from the Stainless Steel and metal-related products segment which involves the manufacture and sales of stainless steel tubes and pipes; and the processing of stainless steel sheets products.

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