Aco Group Bhd (XKLS:0218) Change In Receivables : RM-6.4 Mil (TTM As of Aug. 2024)

View and export this data going back to 2020. Start your Free Trial

What is Aco Group Bhd Change In Receivables?

Aco Group Bhd's change in receivables for the quarter that ended in Aug. 2024 was RM-2.0 Mil. It means Aco Group Bhd's Accounts Receivable increased by RM2.0 Mil from May. 2024 to Aug. 2024 .

Aco Group Bhd's change in receivables for the fiscal year that ended in Feb. 2024 was RM-8.1 Mil. It means Aco Group Bhd's Accounts Receivable increased by RM8.1 Mil from Feb. 2023 to Feb. 2024 .

Aco Group Bhd's Accounts Receivable for the quarter that ended in Aug. 2024 was RM41.0 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. Aco Group Bhd's Days Sales Outstanding for the three months ended in Aug. 2024 was 98.93.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Aco Group Bhd's liquidation value for the three months ended in Aug. 2024 was RM4.0 Mil.

Aco Group Bhd Change In Receivables Historical Data

The historical data trend for Aco 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.

* Premium members only.

Aco Group Bhd Change In Receivables Chart

Aco Group Bhd Annual Data

Trend

Feb17

Feb18

Feb19

Feb20

Feb21

Feb22

Feb23

Feb24

Change In Receivables

Get a 7-Day Free Trial

-2.60

-3.74

2.15

4.79

-8.11

Aco Group Bhd Quarterly Data
	Nov19	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23	Feb24	May24	Aug24
Change In Receivables	Get a 7-Day Free Trial															-2.77	-0.95	-1.96	-1.46	-2.04

Aco 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 Aug. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was RM-6.4 Mil.

Aco Group Bhd (XKLS:0218) 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.

Aco Group Bhd's Days Sales Outstanding for the quarter that ended in Aug. 2024 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	40.983	/	37.802	*	91
=	98.93

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

Aco Group Bhd's liquidation value for the quarter that ended in Aug. 2024 is calculated as:

	Liquidation Value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	15.031	-	66.781	+	0.75 * 40.983	+	0.5 * 50.095
=	4.0

Aco Group Bhd Change In Receivables Related Terms

Thank you for viewing the detailed overview of Aco Group Bhd's Change In Receivables provided by GuruFocus.com. Please click on the following links to see related term pages.

Aco Group Bhd Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Aco Group Bhd (XKLS:0218) » Definitions » Change In Receivables

Comparable Companies

Traded in Other Exchanges

N/A

Address

Kawasan Perindustrian Tebrau 4, PLO 264, No. 14, Jalan Firma 3, Johor Darul Takzim, Johor Bahru, SGR, MYS, 81100

Website

https://www.acogroup.com.my

Aco Group Bhd is a distributor of electrical products and accessories in Malaysia. The company's products and accessories include cables, wires and accessories, electrical distribution, protection, and control devices, and electrical appliances and accessories. Its other products include water plumbing materials, power tools, and accessories as well as CCTV and alarm systems, solar-related products, and EV charger-related products. The company derives the majority of its revenue from Malaysia.

Aco Group Bhd Headlines

No Headlines