Green Ocean Bhd (XKLS:0074) Change In Receivables: RM1.08 Mil (TTM As of Mar. 2026)

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What is Green Ocean Bhd Change In Receivables?

Green Ocean Bhd XKLS:0074 +11.76% Change In Receivables is RM1.08 Mil as of Mar. 2026. The stock has 3 warning signs investors should review.

Green Ocean Bhd's change in receivables for the quarter that ended in Mar. 2026 was RM2.47 Mil. It means Green Ocean Bhd's Accounts Receivable declined by RM2.47 Mil from Dec. 2025 to Mar. 2026 .

Green Ocean Bhd's change in receivables for the fiscal year that ended in Mar. 2026 was RM1.08 Mil. It means Green Ocean Bhd's Accounts Receivable declined by RM1.08 Mil from Sep. 2024 to Mar. 2026 .

Green Ocean Bhd's Accounts Receivable for the quarter that ended in Mar. 2026 was RM4.27 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. Green Ocean Bhd's Days Sales Outstanding for the three months ended in Mar. 2026 was 185.50.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Green Ocean Bhd's liquidation value for the three months ended in Mar. 2026 was RM38.79 Mil.

Green Ocean Bhd  (XKLS:0074) 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.

Green Ocean Bhd's Days Sales Outstanding for the quarter that ended in Mar. 2026 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=4.271/2.101*91
=185.50

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

Green Ocean Bhd's liquidation value for the quarter that ended in Mar. 2026 is calculated as:

Liquidation Value
=Cash, Cash Equivalents, Marketable Securities-Total Liabilities+(0.75 * Accounts Receivable)+(0.5 * Total Inventories)
=36.003-2.436+0.75 * 4.271+0.5 * 4.032
=38.79

* 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.

Green Ocean Bhd Change In Receivables Related Terms

Green Ocean Bhd Change In Receivables Historical Data

* Premium members only.

The historical data trend for Green Ocean 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.

Green Ocean Bhd Change In Receivables Chart

Green Ocean Bhd Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Jun21 Jun22 Sep24 Mar26
Change In Receivables
Get a 7-Day Free Trial Premium Member Only Premium Member Only -16.83 -21.33 -7.07 7.24 1.08

Green Ocean Bhd Quarterly Data
Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Change In Receivables Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.00 -0.72 -0.49 -0.18 2.47

Green Ocean 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. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was RM1.08 Mil.

* 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.

Frequently Asked Questions Learn more about Change In Receivables →
What does a Change In Receivables of RM1.08 Mil mean?
Green Ocean Bhd (XKLS:0074) has a Change In Receivables of RM1.08 Mil as of Mar. 2026. Change in Receivables is the difference between current-period receivables and past-period receivables. View historical data for Green Ocean Bhd and its competitors.
Is Green Ocean Bhd's Change In Receivables too high?
Green Ocean Bhd's current Change In Receivables is RM1.08 Mil.
How does Green Ocean Bhd's Change In Receivables compare to ADM and BG?
Green Ocean Bhd's Change In Receivables of RM1.08 Mil can be compared against companies in the Consumer Packaged Goods industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Change In Receivables for a Consumer Packaged Goods company?
A good Change In Receivables depends on the Consumer Packaged Goods industry context. However, Change In Receivables should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Change In Receivables mean?
A high Change In Receivables can signal that a stock is expensive relative to its fundamentals. Change in Receivables is the difference between current-period receivables and past-period receivables. View historical data for Green Ocean Bhd and its competitors. Green Ocean Bhd's current Change In Receivables is RM1.08 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Green Ocean Bhd stock overvalued right now?
Based on GuruFocus' analysis, Green Ocean Bhd (XKLS:0074) is currently considered Possible Value Trap. The stock's GF Value™ is RM0.16, compared to a current price of RM0.10 — trading 40.6% below its estimated fair value. The current Change In Receivables is RM1.08 Mil. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Change In Receivables calculated?
Change In Receivables is calculated from a company's financial statements. For Green Ocean Bhd (XKLS:0074), the current Change In Receivables is RM1.08 Mil as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Green Ocean Bhd Business Description

Address DF2-10-01 (Unit 2), Persoft Tower, Level 10, 6B, Persiaran Tropicana, Tropicana Golf & Country Resort, Petaling Jaya, SGR, MYS, 47410
Green Ocean Corp Bhd is an investment holding company. The company is principally involved in the manufacturing and trading of gloves as well as the distribution and trading of food and beverage ("F&B") products. The company segment includes the Trading of gloves, the Distribution and trading of F&B, and others. The company generates the majority of its revenue from the Distribution and trading of F&B.