Ho Wah Genting Bhd (XKLS:9601) Change In Receivables : RM4.4 Mil (TTM As of Mar. 2024)

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What is Ho Wah Genting Bhd Change In Receivables?

Ho Wah Genting Bhd's change in receivables for the quarter that ended in Mar. 2024 was RM-11.8 Mil. It means Ho Wah Genting Bhd's Accounts Receivable increased by RM11.8 Mil from Dec. 2023 to Mar. 2024 .

Ho Wah Genting Bhd's change in receivables for the fiscal year that ended in Dec. 2023 was RM5.4 Mil. It means Ho Wah Genting Bhd's Accounts Receivable declined by RM5.4 Mil from Apr. 2022 to Dec. 2023 .

Ho Wah Genting Bhd's Accounts Receivable for the quarter that ended in Mar. 2024 was RM19.7 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. Ho Wah Genting Bhd's Days Sales Outstanding for the three months ended in Mar. 2024 was 31.29.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Ho Wah Genting Bhd's liquidation value for the three months ended in Mar. 2024 was RM10.4 Mil.

Ho Wah Genting Bhd Change In Receivables Historical Data

The historical data trend for Ho Wah Genting 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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Ho Wah Genting Bhd Change In Receivables Chart

Ho Wah Genting Bhd Annual Data

Trend

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Apr22

Dec23

Change In Receivables

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-4.42

-0.15

0.54

7.65

5.39

Ho Wah Genting Bhd Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Mar21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Mar23	Jun23	Sep23	Dec23	Mar24
Change In Receivables	Get a 7-Day Free Trial															-10.74	0.68	-1.45	16.91	-11.77

Ho Wah Genting 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 RM4.4 Mil.

Ho Wah Genting Bhd (XKLS:9601) 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.

Ho Wah Genting 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
=	19.711	/	57.475	*	91
=	31.29

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

Ho Wah Genting 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)
=	13.967	-	48.579	+	0.75 * 19.711	+	0.5 * 60.378
=	10.4

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Ho Wah Genting Bhd (XKLS:9601) Business Description

Industry

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Address

No. 35, Jalan Maharajalela, 1st Floor, Wisma Ho Wah Genting, Kuala Lumpur, SGR, MYS, 50150

Website

https://www.hwgenting.com

Ho Wah Genting Bhd is engaged in investment holdings and the provision of management services to its subsidiaries. The group has four operating segments, namely, Investment, Moulded power supply cord sets, Healthcare and Travelling Services. Moulded power supply cord sets is engaged in manufacturing and trading of wires and cables, moulded power supply cord sets and cable assemblies for electrical and electronic devices and equipment. The group earns a majority of the revenue from Moulded power supply cord sets. Geographically, the group has a presence in North America, Malaysia and the Rest of Asia; with a majority of the revenue being generated from North America.

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