Midtown Group Bhd (XKLS:0177) Change In Receivables: RM-0.89 Mil (TTM As of Mar. 2026)

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What is Midtown Group Bhd Change In Receivables?

Midtown Group Bhd XKLS:0177 -7.14% Change In Receivables is RM-0.89 Mil as of Mar. 2026. The stock has 5 warning signs investors should review.

Midtown Group Bhd's change in receivables for the quarter that ended in Mar. 2026 was RM-0.89 Mil. It means Midtown Group Bhd's Accounts Receivable increased by RM0.89 Mil from Dec. 2025 to Mar. 2026 .

Midtown Group Bhd's change in receivables for the fiscal year that ended in Jun. 2024 was RM-25.17 Mil. It means Midtown Group Bhd's Accounts Receivable increased by RM25.17 Mil from Dec. 2022 to Jun. 2024 .

Midtown Group Bhd's Accounts Receivable for the quarter that ended in Mar. 2026 was RM22.49 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. Midtown Group Bhd's Days Sales Outstanding for the three months ended in Mar. 2026 was 174.63.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Midtown Group Bhd's liquidation value for the three months ended in Mar. 2026 was RM-23.89 Mil.


Midtown Group Bhd  (XKLS:0177) 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.

Midtown Group 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
=22.491/11.752*91
=174.63

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

Midtown Group 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)
=8.491-67.363+0.75 * 22.491+0.5 * 36.233
=-23.89

* 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.


Midtown Group Bhd Change In Receivables Related Terms


Midtown Group Bhd Change In Receivables Historical Data

* Premium members only.

The historical data trend for Midtown Group 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.

Midtown Group Bhd Change In Receivables Chart

Midtown Group Bhd Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Jun24
Change In Receivables
Get a 7-Day Free Trial Premium Member Only Premium Member Only 17.39 0.52 -38.14 -36.77 -25.17

Midtown Group Bhd Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Sep23 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 0.00 0.00 0.00 -0.89

Midtown Group 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 RM-0.89 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 RM-0.89 Mil mean?
Midtown Group Bhd (XKLS:0177) has a Change In Receivables of RM-0.89 Mil as of Mar. 2026. Change in Receivables is the difference between current-period receivables and past-period receivables. View historical data for Midtown Group Bhd and its competitors.
Is Midtown Group Bhd's Change In Receivables too high?
Midtown Group Bhd's current Change In Receivables is RM-0.89 Mil.
How does Midtown Group Bhd's Change In Receivables compare to PWR and FIX?
Midtown Group Bhd's Change In Receivables of RM-0.89 Mil can be compared against companies in the Construction 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 Construction company?
A good Change In Receivables depends on the Construction 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 Midtown Group Bhd and its competitors. Midtown Group Bhd's current Change In Receivables is RM-0.89 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Midtown Group Bhd stock overvalued right now?
Based on GuruFocus' analysis, Midtown Group Bhd (XKLS:0177) is currently considered Fairly Valued. The stock's GF Value™ is RM0.06, compared to a current price of RM0.07 — trading 8.3% above its estimated fair value. The current Change In Receivables is RM-0.89 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 Midtown Group Bhd (XKLS:0177), the current Change In Receivables is RM-0.89 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.

Midtown Group Bhd Business Description

Address No. 8, Persiaran Tropicana, Lot 13.2, Level 13, Menara Lien Hoe, Tropicana Golf & Country Resort, Petaling Jaya, SGR, MYS, 47410
Midtown Group Bhd, formerly Pasukhas Group Bhd is engaged in the business of investment holding and the provision of management services. Its operating segments include Civil engineering and construction segment, Mechanical & Electrical Engineering Services, Renovation, Renewable Energy, and Investment Holdings and Others. The majority of the revenue for the company is generated from its Civil engineering and construction segment. Geographically, it operates predominantly in Malaysia.