Silver Ridge Holdings Bhd (XKLS:0129) Change In Receivables : RM-13.26 Mil (TTM As of Mar. 2024)

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What is Silver Ridge Holdings Bhd Change In Receivables?

Silver Ridge Holdings Bhd's change in receivables for the quarter that ended in Mar. 2024 was RM-2.93 Mil. It means Silver Ridge Holdings Bhd's Accounts Receivable increased by RM2.93 Mil from Dec. 2023 to Mar. 2024 .

Silver Ridge Holdings Bhd's change in receivables for the fiscal year that ended in Jun. 2023 was RM-0.48 Mil. It means Silver Ridge Holdings Bhd's Accounts Receivable increased by RM0.48 Mil from Jun. 2022 to Jun. 2023 .

Silver Ridge Holdings Bhd's Accounts Receivable for the quarter that ended in Mar. 2024 was RM13.53 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. Silver Ridge Holdings Bhd's Days Sales Outstanding for the three months ended in Mar. 2024 was 158.84.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Silver Ridge Holdings Bhd's liquidation value for the three months ended in Mar. 2024 was RM1.41 Mil.

Silver Ridge Holdings Bhd Change In Receivables Historical Data

The historical data trend for Silver Ridge Holdings 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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Silver Ridge Holdings Bhd Change In Receivables Chart

Silver Ridge Holdings Bhd Annual Data

Trend

Dec12

Dec13

Dec14

Dec15

Dec16

Jun19

Jun20

Jun21

Jun22

Jun23

Change In Receivables

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1.16

1.99

1.51

-0.20

-0.48

Silver Ridge Holdings 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															-0.97	-0.08	-1.81	-8.44	-2.93

Silver Ridge Holdings 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 RM-13.26 Mil.

Silver Ridge Holdings Bhd (XKLS:0129) 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.

Silver Ridge Holdings 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
=	13.525	/	7.77	*	91
=	158.84

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

Silver Ridge Holdings 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)
=	3.788	-	13.111	+	0.75 * 13.525	+	0.5 * 1.186
=	1.41

Silver Ridge Holdings Bhd Change In Receivables Related Terms

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Silver Ridge Holdings Bhd (XKLS:0129) Business Description

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GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Silver Ridge Holdings Bhd (XKLS:0129) » Definitions » Change In Receivables

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Address

4 - 6, Jalan 28/70A, Desa Sri Hartamas, Wilayah Persekutuan, Kuala Lumpur, SGR, MYS, 50480

Website

https://www.silverridge.com.my

Silver Ridge Holdings Bhd is involved in investment holding and provision of a management services business. The company provides telecommunication system architecture and design, next-generation network solution as well as telecommunication related software solutions. It derives a majority of revenue from telecommunication solutions. The telecommunication solutions provide includes 3G network architecture and engineering system design, customisation and optimisation solution; In-Building Radio Frequency Coverage and Quality (EIQ); Power Load Solutions (PLS); Base Station Subsystems Solutions (BSS); Multi-Service Access Node (MSAN) system architecture and design and others.

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