Securemetric Bhd (XKLS:0203) Change In Receivables : RM-3.53 Mil (TTM As of Dec. 2023)

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What is Securemetric Bhd Change In Receivables?

Securemetric Bhd's change in receivables for the quarter that ended in Dec. 2023 was RM-0.30 Mil. It means Securemetric Bhd's Accounts Receivable increased by RM0.30 Mil from Sep. 2023 to Dec. 2023 .

Securemetric Bhd's change in receivables for the fiscal year that ended in Dec. 2023 was RM-3.53 Mil. It means Securemetric Bhd's Accounts Receivable increased by RM3.53 Mil from Dec. 2022 to Dec. 2023 .

Securemetric Bhd's Accounts Receivable for the quarter that ended in Dec. 2023 was RM6.94 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. Securemetric Bhd's Days Sales Outstanding for the three months ended in Dec. 2023 was 43.04.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Securemetric Bhd's liquidation value for the three months ended in Dec. 2023 was RM11.00 Mil.

Securemetric Bhd Change In Receivables Historical Data

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

Securemetric Bhd Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Receivables

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-6.68

7.28

-0.50

2.25

-3.53

Securemetric 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															5.29	-3.94	2.43	-1.72	-0.30

Securemetric 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 RM-3.53 Mil.

Securemetric Bhd (XKLS:0203) 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.

Securemetric 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
=	6.94	/	14.712	*	91
=	43.04

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

Securemetric 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)
=	22.39	-	17.524	+	0.75 * 6.94	+	0.5 * 1.867
=	11.00

Securemetric Bhd Change In Receivables Related Terms

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Securemetric Bhd (XKLS:0203) Business Description

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GURUFOCUS.COM » STOCK LIST » Technology » Software » Securemetric Bhd (XKLS:0203) » Definitions » Change In Receivables

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Traded in Other Exchanges

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Address

Level 5-E-6, Enterprise 4, Technology Park Malaysia Lebuhraya, Sg. Besi - Puchong, Bukit Jalil, Kuala Lumpur, MYS, 57000

Website

https://www.securemetric.com

Securemetric Bhd provides digital security solutions as well as trading of electronic identification products along with other services. Its core focus is into Software Licensing Protection dongles for the prevention of unauthorized access, 2-Factor Authentication aims to enhance access security by single-time OTP password, Advanced Identity, and Access Management, Public Key Infrastructure, and CENTAGATE which is an exclusive software that manages user authentication. It operates through the following business segments: Digital security solutions; Electronic identification products and Others.

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