Mestron Holdings Bhd (XKLS:0207) Change In Receivables : RM-19.3 Mil (TTM As of Mar. 2024)

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What is Mestron Holdings Bhd Change In Receivables?

Mestron Holdings Bhd's change in receivables for the quarter that ended in Mar. 2024 was RM14.7 Mil. It means Mestron Holdings Bhd's Accounts Receivable declined by RM14.7 Mil from Dec. 2023 to Mar. 2024 .

Mestron Holdings Bhd's change in receivables for the fiscal year that ended in Dec. 2023 was RM-17.0 Mil. It means Mestron Holdings Bhd's Accounts Receivable increased by RM17.0 Mil from Dec. 2022 to Dec. 2023 .

Mestron Holdings Bhd's Accounts Receivable for the quarter that ended in Mar. 2024 was RM40.5 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. Mestron Holdings Bhd's Days Sales Outstanding for the three months ended in Mar. 2024 was 124.12.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Mestron Holdings Bhd's liquidation value for the three months ended in Mar. 2024 was RM14.0 Mil.

Mestron Holdings Bhd Change In Receivables Historical Data

The historical data trend for Mestron 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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Mestron Holdings Bhd Change In Receivables Chart

Mestron Holdings Bhd Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Receivables

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4.89

-1.80

5.59

-26.68

-16.95

Mestron 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															16.96	-10.55	-2.38	-20.98	14.66

Mestron 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-19.3 Mil.

Mestron Holdings Bhd (XKLS:0207) 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.

Mestron 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
=	40.523	/	29.791	*	91
=	124.12

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

Mestron 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)
=	9.934	-	40.884	+	0.75 * 40.523	+	0.5 * 29.019
=	14.0

Mestron Holdings Bhd Change In Receivables Related Terms

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Mestron Holdings Bhd (XKLS:0207) Business Description

Industry

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Traded in Other Exchanges

N/A

Address

PT 50102, Jalan MU 1/9 Seksyen 10, Taman Perindustrian Meranti Utama, Puchong, SGR, MYS, 47120

Website

https://www.mestron.com.my

Mestron Holdings Bhd is engaged in the steel pole business. It offers various pole product such as Standard Street Light Pole, Decorative Street Light Pole, Telecommunication Monopole, High Mast Pole, Camera Pole, Traffic Pole, Mid-Hinge Collapsible Pole, Oil & Gas and Mining Light Poles. The company's segments include Manufacturing that manufactures steel poles comprising standard street lighting poles, decorative light poles and specialty poles; and Trading that trades outdoor lighting products, Renewable energy and Property development . Majority of the revenue is derived from Manufacturing segment.

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