GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Quality Concrete Holdings Bhd (XKLS:7544) » Definitions » Change In Receivables

Quality Concrete Holdings Bhd (XKLS:7544) Change In Receivables : RM10.9 Mil (TTM As of Oct. 2023)


View and export this data going back to 1996. Start your Free Trial

What is Quality Concrete Holdings Bhd Change In Receivables?

Quality Concrete Holdings Bhd's change in receivables for the quarter that ended in Oct. 2023 was RM0.8 Mil. It means Quality Concrete Holdings Bhd's Accounts Receivable declined by RM0.8 Mil from Jul. 2023 to Oct. 2023 .

Quality Concrete Holdings Bhd's change in receivables for the fiscal year that ended in Jan. 2023 was RM5.9 Mil. It means Quality Concrete Holdings Bhd's Accounts Receivable declined by RM5.9 Mil from Jan. 2022 to Jan. 2023 .

Quality Concrete Holdings Bhd's Accounts Receivable for the quarter that ended in Oct. 2023 was RM112.3 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. Quality Concrete Holdings Bhd's Days Sales Outstanding for the three months ended in Oct. 2023 was 195.50.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Quality Concrete Holdings Bhd's liquidation value for the three months ended in Oct. 2023 was RM-68.2 Mil.


Quality Concrete Holdings Bhd Change In Receivables Historical Data

The historical data trend for Quality Concrete 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.

* Premium members only.

Quality Concrete Holdings Bhd Change In Receivables Chart

Quality Concrete Holdings Bhd Annual Data
Trend Jan14 Jan15 Jan16 Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23
Change In Receivables
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.68 -6.12 -4.89 12.36 5.86

Quality Concrete Holdings Bhd Quarterly Data
Jan19 Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23
Change In Receivables Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -12.50 23.69 -20.88 7.33 0.76

Quality Concrete 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 Oct. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was RM10.9 Mil.

* 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.


Quality Concrete Holdings Bhd  (XKLS:7544) 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.

Quality Concrete Holdings Bhd's Days Sales Outstanding for the quarter that ended in Oct. 2023 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=112.315/52.422*91
=195.50

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

Quality Concrete Holdings Bhd's liquidation value for the quarter that ended in Oct. 2023 is calculated as:

Liquidation Value
=Cash, Cash Equivalents, Marketable Securities-Total Liabilities+(0.75 * Accounts Receivable)+(0.5 * Total Inventories)
=18.502-182.333+0.75 * 112.315+0.5 * 22.808
=-68.2

* 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.


Quality Concrete Holdings Bhd Change In Receivables Related Terms

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


Quality Concrete Holdings Bhd (XKLS:7544) Business Description

Traded in Other Exchanges
N/A
Address
Jalan Tunku Abdul Rahman, Room 209, 2nd Floor, Wisma Bukit Mata Kuching, Kuching, SWK, MYS, 93100
Quality Concrete Holdings Bhd is engaged in the manufacturing of concrete. The company's segment includes Property development, construction and road maintenance, Manufacturing, Trading, Quarry operations, and Investment and management services. It generates maximum revenue from the Property development, construction and road maintenance segment.

Quality Concrete Holdings Bhd (XKLS:7544) Headlines

No Headlines