GDEX Bhd (XKLS:0078) Change In Receivables : RM8.3 Mil (TTM As of Mar. 2024)

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What is GDEX Bhd Change In Receivables?

GDEX Bhd's change in receivables for the quarter that ended in Mar. 2024 was RM2.2 Mil. It means GDEX Bhd's Accounts Receivable declined by RM2.2 Mil from Dec. 2023 to Mar. 2024 .

GDEX Bhd's change in receivables for the fiscal year that ended in Dec. 2023 was RM6.9 Mil. It means GDEX Bhd's Accounts Receivable declined by RM6.9 Mil from Dec. 2022 to Dec. 2023 .

GDEX Bhd's Accounts Receivable for the quarter that ended in Mar. 2024 was RM53.8 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. GDEX Bhd's Days Sales Outstanding for the three months ended in Mar. 2024 was 49.39.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. GDEX Bhd's liquidation value for the three months ended in Mar. 2024 was RM82.3 Mil.

GDEX Bhd Change In Receivables Historical Data

The historical data trend for GDEX 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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GDEX Bhd Change In Receivables Chart

GDEX Bhd Annual Data

Trend

Jun13

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Dec22

Dec23

Change In Receivables

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-7.37

-3.97

1.60

3.33

6.94

GDEX Bhd Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Sep21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Change In Receivables	Get a 7-Day Free Trial															0.78	5.14	0.68	0.34	2.18

GDEX 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 RM8.3 Mil.

GDEX Bhd (XKLS:0078) 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.

GDEX 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
=	53.81	/	99.422	*	91
=	49.39

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

GDEX 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)
=	189.836	-	149.461	+	0.75 * 53.81	+	0.5 * 3.18
=	82.3

GDEX Bhd Change In Receivables Related Terms

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GDEX Bhd (XKLS:0078) Business Description

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Address

No. 19, Jalan Tandang, Petaling Jaya, SGR, MYS, 46050

Website

https://www.gdexpress.com

GDEX Bhd mainly engages in the provision of express delivery, logistics, information technology services, and property management. It provides a domestic express carrier, international express carrier, customized logistics solutions, logistics services, enhanced liability coverage, GDEX prepaid, and among others. The group has five business segments Express delivery, Logistics, Property management, Information technology, and Property investment. The majority of the revenue comes from the Express delivery segment. The company's geographical segments include Malaysia, which is the key revenue driver; Singapore; and Vietnam.

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