Fitters Diversified Bhd (XKLS:9318) Change In Receivables : RM-1.5 Mil (TTM As of Dec. 2023)

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What is Fitters Diversified Bhd Change In Receivables?

Fitters Diversified Bhd's change in receivables for the quarter that ended in Dec. 2023 was RM5.4 Mil. It means Fitters Diversified Bhd's Accounts Receivable declined by RM5.4 Mil from Sep. 2023 to Dec. 2023 .

Fitters Diversified Bhd's change in receivables for the fiscal year that ended in Mar. 2023 was RM2.7 Mil. It means Fitters Diversified Bhd's Accounts Receivable declined by RM2.7 Mil from Dec. 2020 to Mar. 2023 .

Fitters Diversified Bhd's Accounts Receivable for the quarter that ended in Dec. 2023 was RM82.9 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. Fitters Diversified Bhd's Days Sales Outstanding for the three months ended in Dec. 2023 was 102.10.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Fitters Diversified Bhd's liquidation value for the three months ended in Dec. 2023 was RM173.0 Mil.

Fitters Diversified Bhd Change In Receivables Historical Data

The historical data trend for Fitters Diversified 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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Fitters Diversified Bhd Change In Receivables Chart

Fitters Diversified Bhd Annual Data

Trend

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Mar23

Change In Receivables

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2.43

-52.65

32.16

34.69

2.70

Fitters Diversified Bhd Quarterly Data
	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Change In Receivables	Get a 7-Day Free Trial															1.20	3.46	-7.06	-3.26	5.36

Fitters Diversified 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-1.5 Mil.

Fitters Diversified Bhd (XKLS:9318) 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.

Fitters Diversified 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
=	82.88	/	74.076	*	91
=	102.10

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

Fitters Diversified 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)
=	155.084	-	85.374	+	0.75 * 82.88	+	0.5 * 82.268
=	173.0

Fitters Diversified Bhd Change In Receivables Related Terms

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Fitters Diversified Bhd (XKLS:9318) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Conglomerates » Fitters Diversified Bhd (XKLS:9318) » Definitions » Change In Receivables

Comparable Companies

Traded in Other Exchanges

N/A

Address

Number 1, Jalan Tembaga SD 5/2, Bandar Sri Damansara, Wisma FITTERS, Kuala Lumpur, SGR, MYS, 52200

Website

http://www.fittersgroup.com

Fitters Diversified Bhd manufactures and trades safety, firefighting equipment, and industrial products, and installs a Computerised Fire Alarm Monitoring System. Its segments include Fire services; Property development and construction; Renewable and waste-to-energy and green palm oil mill; HYPRO PVC-O pipes manufacturing and distribution and Investment holding. Its geographical segments include Malaysia and Singapore, of which a majority of the revenue is generated within Malaysia.

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