MMS Ventures Bhd (XKLS:0113) Change In Receivables : RM4.92 Mil (TTM As of Dec. 2023)

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What is MMS Ventures Bhd Change In Receivables?

MMS Ventures Bhd's change in receivables for the quarter that ended in Dec. 2023 was RM-0.39 Mil. It means MMS Ventures Bhd's Accounts Receivable increased by RM0.39 Mil from Sep. 2023 to Dec. 2023 .

MMS Ventures Bhd's change in receivables for the fiscal year that ended in Dec. 2023 was RM4.91 Mil. It means MMS Ventures Bhd's Accounts Receivable declined by RM4.91 Mil from Dec. 2022 to Dec. 2023 .

MMS Ventures Bhd's Accounts Receivable for the quarter that ended in Dec. 2023 was RM1.56 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. MMS Ventures Bhd's Days Sales Outstanding for the three months ended in Dec. 2023 was 60.23.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. MMS Ventures Bhd's liquidation value for the three months ended in Dec. 2023 was RM48.31 Mil.

MMS Ventures Bhd Change In Receivables Historical Data

The historical data trend for MMS Ventures 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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MMS Ventures Bhd Change In Receivables Chart

MMS Ventures Bhd Annual Data

Trend

Dec14

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Dec16

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Dec20

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Dec22

Dec23

Change In Receivables

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2.98

0.60

5.60

-0.35

4.91

MMS Ventures Bhd Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Change In Receivables	Get a 7-Day Free Trial															4.36	2.68	1.20	1.42	-0.39

MMS Ventures 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 Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was RM4.92 Mil.

MMS Ventures Bhd (XKLS:0113) 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.

MMS Ventures Bhd's Days Sales Outstanding for the quarter that ended in Dec. 2023 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	1.555	/	2.356	*	91
=	60.23

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

MMS Ventures Bhd's liquidation value for the quarter that ended in Dec. 2023 is calculated as:

	Liquidation Value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	44.276	-	4.103	+	0.75 * 1.555	+	0.5 * 13.951
=	48.31

MMS Ventures Bhd Change In Receivables Related Terms

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MMS Ventures Bhd (XKLS:0113) Business Description

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Address

Plot 84A, Lintang Bayan Lepas 9, Bayan Lepas Industrial Park, Phase 4, Bayan Lepas, PNG, MYS, 11900

Website

https://www.mmsv.com.my

MMS Ventures Bhd is a Malaysia-based investment holding company. Along with its subsidiaries, the company is involved in the design and manufacture of LED and Semiconductor Industrial Automation Systems and Machinery. The business activity of the group functions through the Manufacture of automated systems and machinery; and the Development of software segments. Geographically, the business presence of the entity is seen across the regions of Asia, America, Europe, Malaysia, and Australia, of which prime revenue is derived from Malaysia and America.

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