VCIG (VCI Global) Change In Receivables : $-13.76 Mil (TTM As of Jun. 2024)

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What is VCI Global Change In Receivables?

VCI Global's change in receivables for the quarter that ended in Jun. 2024 was $-11.41 Mil. It means VCI Global's Accounts Receivable increased by $11.41 Mil from Dec. 2023 to Jun. 2024 .

VCI Global's change in receivables for the fiscal year that ended in Dec. 2023 was $-10.98 Mil. It means VCI Global's Accounts Receivable increased by $10.98 Mil from Dec. 2022 to Dec. 2023 .

VCI Global's Accounts Receivable for the quarter that ended in Jun. 2024 was $7.12 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. VCI Global's Days Sales Outstanding for the six months ended in Jun. 2024 was 94.50.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. VCI Global's liquidation value for the six months ended in Jun. 2024 was $-0.02 Mil.

VCI Global Change In Receivables Historical Data

The historical data trend for VCI Global'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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VCI Global Change In Receivables Chart

VCI Global Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Change In Receivables

0.01

-1.36

-3.25

-10.98

VCI Global Semi-Annual Data
	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
Change In Receivables	Get a 7-Day Free Trial			-1.96	-1.29	-8.69	-2.35	-11.41

VCI Global 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 $-13.76 Mil.

VCI Global (NAS:VCIG) 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.

VCI Global's Days Sales Outstanding for the quarter that ended in Jun. 2024 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	7.119	/	13.749	*	91
=	94.50

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

VCI Global'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)
=	1.247	-	6.61	+	0.75 * 7.119	+	0.5 * 0
=	-0.02

VCI Global Change In Receivables Related Terms

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VCI Global Business Description

Industry

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Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 3 Jalan Bangsar 59200, B03-C-8 Menara 3A, KL Eco City, Kuala Lumpur, SGR, MYS, 59200

Website

https://www.v-capital.co

VCI Global Ltd is a holding company. The principal activities of the Company and its subsidiaries are the provision of business Strategy consultancy and technology development solution consultancy. The firm organized its consulting services into three main segments: Business Strategy Consultancy; Technology Consultancy; and Others. It derives the majority of its revenue from the Business Strategy Consultancy segment which focuses on listing solutions, investor relations, and boardroom strategies consultancy. It has established a diverse local and international clientele, providing them with its services in both local and cross-border listings. Its role begins with pre-listing diagnosis and planning to the finalization of the entire listing process.