Three-A Resources Bhd (XKLS:0012) Change In Receivables : RM9.7 Mil (TTM As of Mar. 2024)

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What is Three-A Resources Bhd Change In Receivables?

Three-A Resources Bhd's change in receivables for the quarter that ended in Mar. 2024 was RM11.5 Mil. It means Three-A Resources Bhd's Accounts Receivable declined by RM11.5 Mil from Dec. 2023 to Mar. 2024 .

Three-A Resources Bhd's change in receivables for the fiscal year that ended in Dec. 2023 was RM15.6 Mil. It means Three-A Resources Bhd's Accounts Receivable declined by RM15.6 Mil from Dec. 2022 to Dec. 2023 .

Three-A Resources Bhd's Accounts Receivable for the quarter that ended in Mar. 2024 was RM119.5 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. Three-A Resources Bhd's Days Sales Outstanding for the three months ended in Mar. 2024 was 73.30.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Three-A Resources Bhd's liquidation value for the three months ended in Mar. 2024 was RM144.1 Mil.

Three-A Resources Bhd Change In Receivables Historical Data

The historical data trend for Three-A Resources 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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Three-A Resources Bhd Change In Receivables Chart

Three-A Resources Bhd Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Receivables

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-9.29

3.60

-12.44

-20.23

15.57

Three-A Resources Bhd Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Change In Receivables	Get a 7-Day Free Trial															17.37	6.67	-4.19	-4.28	11.51

Three-A Resources 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 RM9.7 Mil.

Three-A Resources Bhd (XKLS:0012) 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.

Three-A Resources 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
=	119.498	/	148.757	*	91
=	73.30

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

Three-A Resources 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)
=	63.767	-	58.457	+	0.75 * 119.498	+	0.5 * 98.371
=	144.1

Three-A Resources Bhd Change In Receivables Related Terms

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Three-A Resources Bhd (XKLS:0012) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Three-A Resources Bhd (XKLS:0012) » Definitions » Change In Receivables

Comparable Companies

Traded in Other Exchanges

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Address

Jalan Industri, U19, AI 308, Lot 590 & Lot 4196, Kampung Baru Sungai Buloh, Shah Alam, SGR, MYS, 40160

Website

https://www.three-a.com.my

Three-A Resources Bhd is a food and beverage manufacturer. The activities of the company are involved in manufacturing and sale of food and beverages ingredients and investment holding. The company manufactures and trades in Liquid Caramel, Natural Fermented Vinegar, Distilled Vinegar, Glucose Syrup, Vinegar, High Maltose Syrup, Soya Protein Sauce, Hydrolyzed Vegetable Protein Powder, Caramel Powder, Soya Sauce Powder, and Maltodextrin. The majority of the revenue is collected from Malaysia with Singapore and others following.

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