MWG (Multi Ways Holdings) Change In Receivables : $-1.03 Mil (TTM As of Jun. 2024)

View and export this data going back to 2023. Start your Free Trial

What is Multi Ways Holdings Change In Receivables?

Multi Ways Holdings's change in receivables for the quarter that ended in Jun. 2024 was $-2.45 Mil. It means Multi Ways Holdings's Accounts Receivable increased by $2.45 Mil from Dec. 2023 to Jun. 2024 .

Multi Ways Holdings's change in receivables for the fiscal year that ended in Dec. 2023 was $1.76 Mil. It means Multi Ways Holdings's Accounts Receivable declined by $1.76 Mil from Dec. 2022 to Dec. 2023 .

Multi Ways Holdings's Accounts Receivable for the quarter that ended in Jun. 2024 was $7.64 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. Multi Ways Holdings's Days Sales Outstanding for the six months ended in Jun. 2024 was 98.92.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Multi Ways Holdings's liquidation value for the six months ended in Jun. 2024 was $-13.07 Mil.

Multi Ways Holdings Change In Receivables Historical Data

The historical data trend for Multi Ways Holdings'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.

Multi Ways Holdings Change In Receivables Chart

Multi Ways Holdings Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Change In Receivables

4.76

0.71

-2.64

1.76

Multi Ways Holdings Semi-Annual Data
	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
Change In Receivables	Get a 7-Day Free Trial			0.36	-3.01	0.34	1.42	-2.45

Multi Ways Holdings 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 Jun. 2024 adds up the semi-annually data reported by the company within the most recent 12 months, which was $-1.03 Mil.

Multi Ways Holdings (AMEX:MWG) 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.

Multi Ways Holdings's Days Sales Outstanding for the quarter that ended in Jun. 2024 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	7.638	/	14.091	*	91
=	98.92

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

Multi Ways Holdings's liquidation value for the quarter that ended in Jun. 2024 is calculated as:

	Liquidation Value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	3.912	-	43.843	+	0.75 * 7.638	+	0.5 * 42.274
=	-13.07

Multi Ways Holdings Change In Receivables Related Terms

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

Multi Ways Holdings Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Multi Ways Holdings Ltd (AMEX:MWG) » Definitions » Change In Receivables

Comparable Companies

Traded in Other Exchanges

N/A

Address

3E Gul Circle, Singapore, SGP, 629633

Website

https://www.multiways.com.sg

Multi Ways Holdings Ltd is a supplier of a wide range of heavy construction equipment for sales and rental in Singapore and the surrounding region. The wide variety of new and used heavy construction equipment for sale and rental by customers range from: earth-moving equipment such as bulldozers, off-terrain dump trucks, excavators and wheel loaders; material-handling equipment such as crawler cranes, rough terrain cranes, scissor lifts, forklifts, boom-lifts and telescopic handlers; road-building equipment such as motor graders, vibrating compactors, asphalt finishers, skid loaders, backhoe loaders, hand rollers and mini excavators; and generators and compressors, such as air compressors, generators, lighting towers and welding machines.