Tien Wah Press Holdings Bhd (XKLS:7374) Change In Receivables : RM11.4 Mil (TTM As of Mar. 2024)

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What is Tien Wah Press Holdings Bhd Change In Receivables?

Tien Wah Press Holdings Bhd's change in receivables for the quarter that ended in Mar. 2024 was RM-1.3 Mil. It means Tien Wah Press Holdings Bhd's Accounts Receivable increased by RM1.3 Mil from Dec. 2023 to Mar. 2024 .

Tien Wah Press Holdings Bhd's change in receivables for the fiscal year that ended in Dec. 2023 was RM-6.0 Mil. It means Tien Wah Press Holdings Bhd's Accounts Receivable increased by RM6.0 Mil from Dec. 2022 to Dec. 2023 .

Tien Wah Press Holdings Bhd's Accounts Receivable for the quarter that ended in Mar. 2024 was RM64.4 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. Tien Wah Press Holdings Bhd's Days Sales Outstanding for the three months ended in Mar. 2024 was 92.61.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Tien Wah Press Holdings Bhd's liquidation value for the three months ended in Mar. 2024 was RM-57.8 Mil.

Tien Wah Press Holdings Bhd Change In Receivables Historical Data

The historical data trend for Tien Wah Press Holdings 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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Tien Wah Press Holdings Bhd Change In Receivables Chart

Tien Wah Press Holdings Bhd Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Receivables

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-0.61

25.89

-6.89

19.60

-5.95

Tien Wah Press Holdings 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															-18.63	5.50	0.37	6.80	-1.28

Tien Wah Press Holdings 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 RM11.4 Mil.

Tien Wah Press Holdings Bhd (XKLS:7374) 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.

Tien Wah Press Holdings 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
=	64.368	/	63.421	*	91
=	92.61

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

Tien Wah Press Holdings 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)
=	18.272	-	146.395	+	0.75 * 64.368	+	0.5 * 44.155
=	-57.8

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Tien Wah Press Holdings Bhd (XKLS:7374) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Tien Wah Press Holdings Bhd (XKLS:7374) » Definitions » Change In Receivables

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Traded in Other Exchanges

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Address

No. 5, Jalan Prof. Khoo Kay Kim, Lot 03-8, 8th Floor, Menara Symphony, Seksyen 13, Petaling Jaya, SGR, MYS, 46200

Website

https://www.tienwah.com

Tien Wah Press Holdings Bhd is a print packaging company. It offers a packaging solution and produces mainly gravure and offset printed materials for tobacco packaging including cigarette packs, fast-moving consumer product packaging, and labels. Products of the group include flat unglued blanks, crash bottom or auto-lock cartons, labeled cartons, cartons with peelable labels/stickers, clamshells, and trays, UV coated cartons, glued skillet cartons, multiwall cartons comprising inner frames, cartons with CD inserts and barrier coated carton for grease and moisture resistance. The operating segment of the company is Printing and Trading and is managed on a worldwide basis and manufacturing facilities and sales offices are in Malaysia, Vietnam, Australia, United Arab Emirates, and Hong Kong.

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