Asia Brands Bhd (XKLS:7722) Change In Receivables : RM0.0 Mil (TTM As of Dec. 2023)

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What is Asia Brands Bhd Change In Receivables?

Asia Brands Bhd's change in receivables for the quarter that ended in Dec. 2023 was RM0.0 Mil. It means Asia Brands Bhd's Accounts Receivable stayed the same from Sep. 2023 to Dec. 2023 .

Asia Brands Bhd's change in receivables for the fiscal year that ended in Mar. 2023 was RM-1.4 Mil. It means Asia Brands Bhd's Accounts Receivable increased by RM1.4 Mil from Mar. 2022 to Mar. 2023 .

Asia Brands Bhd's Accounts Receivable for the quarter that ended in Dec. 2023 was RM30.9 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. Asia Brands Bhd's Days Sales Outstanding for the three months ended in Dec. 2023 was 54.66.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Asia Brands Bhd's liquidation value for the three months ended in Dec. 2023 was RM-12.4 Mil.

Asia Brands Bhd Change In Receivables Historical Data

The historical data trend for Asia Brands 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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Asia Brands Bhd Change In Receivables Chart

Asia Brands Bhd Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Change In Receivables

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1.06

4.29

-5.45

-0.60

-1.41

Asia Brands 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															-	-	-	-	-

Asia Brands 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 RM0.0 Mil.

Asia Brands Bhd (XKLS:7722) 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.

Asia Brands 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
=	30.868	/	51.528	*	91
=	54.66

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

Asia Brands 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)
=	11.368	-	84.519	+	0.75 * 30.868	+	0.5 * 75.196
=	-12.4

Asia Brands Bhd Change In Receivables Related Terms

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Asia Brands Bhd (XKLS:7722) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Asia Brands Bhd (XKLS:7722) » Definitions » Change In Receivables

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Traded in Other Exchanges

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Address

Lot 10449, Jalan Nenas, Batu 4.5, Kampung Jawa, Klang, SGR, MYS, 41000

Website

http://www.asiabrands.com.my

Asia Brands Bhd is an investment holding company. The company is engaged in the wholesale, retail, and distribution of ready-made casual wear, baby and children wear, lingerie and ladies' wear, and their related accessories. Geographically, it operates and derives revenue from Malaysia. It has two divisions namely Baby Products and Lingerie Products. It earns maximum revenue from Baby Products Division. Its Brands are Anakku, Disney Baby, First Care, Mini Care, and Hello Kitty.

Asia Brands Bhd (XKLS:7722) Headlines

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