Fintec Global Bhd (XKLS:0150PA.PFD) Change In Receivables

: RM-0.43 Mil (TTM As of Dec. 2023)

View and export this data going back to 2017. Start your Free Trial

Fintec Global Bhd's change in receivables for the quarter that ended in Dec. 2023 was RM4.02 Mil. It means Fintec Global Bhd's Accounts Receivable declined by RM4.02 Mil from Sep. 2023 to Dec. 2023 .

Fintec Global Bhd's change in receivables for the fiscal year that ended in Jun. 2023 was RM5.64 Mil. It means Fintec Global Bhd's Accounts Receivable declined by RM5.64 Mil from Jun. 2022 to Jun. 2023 .

Fintec Global Bhd's Accounts Receivable for the quarter that ended in Dec. 2023 was RM0.64 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. Fintec Global Bhd's Days Sales Outstanding for the three months ended in Dec. 2023 was 15.26.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Fintec Global Bhd's liquidation value for the three months ended in Dec. 2023 was RM16.68 Mil.

Fintec Global Bhd Change In Receivables Historical Data

The historical data trend for Fintec Global 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.

Fintec Global Bhd Annual Data

Trend

Jan14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Jun21

Jun22

Jun23

Change In Receivables

-16.80

4.07

0.04

-2.71

5.64

Fintec Global Bhd Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Change In Receivables																1.09	-6.10	4.05	-2.39	4.02

Fintec Global 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-0.43 Mil.

Fintec Global Bhd (XKLS:0150PA.PFD) 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.

Fintec Global 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
=	0.64	/	3.827	*	91
=	15.26

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

Fintec Global 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)
=	45.28	-	30.545	+	0.75 * 0.64	+	0.5 * 2.931
=	16.68

Fintec Global Bhd Change In Receivables Related Terms

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

Fintec Global Bhd (XKLS:0150PA.PFD) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Fintec Global Bhd (XKLS:0150PA.PFD) » Definitions » Change In Receivables

Comparable Companies

Traded in Other Exchanges

0150:Malaysia

Address

No. 8, Persiaran Tropicana, Lot 13.1, Level 13, Menara Lien Hoe, Tropicana Golf & Country Resort, Petaling Jaya, MYS, 47410

Website

https://www.fintec.global

Fintec Global Bhd is a technology incubation, investment holding company and manufacturing and sale of rubber gloves. The company's operating segment includes Strategic Investment; AgrilTech; Financial services; and Gloves. It generates maximum revenue from the Strategic investment segment. The company geographically covers Malaysia, Hong Kong and Unites States, out of which it derives maximum revenue from Malaysia.

Fintec Global Bhd (XKLS:0150PA.PFD) Headlines

No Headlines