Coraza Integrated Technology Bhd (XKLS:0240) Change In Receivables : RM-2.19 Mil (TTM As of Jun. 2024)

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What is Coraza Integrated Technology Bhd Change In Receivables?

Coraza Integrated Technology Bhd's change in receivables for the quarter that ended in Jun. 2024 was RM-2.84 Mil. It means Coraza Integrated Technology Bhd's Accounts Receivable increased by RM2.84 Mil from Mar. 2024 to Jun. 2024 .

Coraza Integrated Technology Bhd's change in receivables for the fiscal year that ended in Dec. 2023 was RM22.81 Mil. It means Coraza Integrated Technology Bhd's Accounts Receivable declined by RM22.81 Mil from Dec. 2022 to Dec. 2023 .

Coraza Integrated Technology Bhd's Accounts Receivable for the quarter that ended in Jun. 2024 was RM18.31 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. Coraza Integrated Technology Bhd's Days Sales Outstanding for the three months ended in Jun. 2024 was 76.77.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Coraza Integrated Technology Bhd's liquidation value for the three months ended in Jun. 2024 was RM32.19 Mil.

Coraza Integrated Technology Bhd Change In Receivables Historical Data

The historical data trend for Coraza Integrated Technology 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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Coraza Integrated Technology Bhd Change In Receivables Chart

Coraza Integrated Technology Bhd Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Receivables

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-3.45

-2.29

-17.82

-2.24

22.81

Coraza Integrated Technology Bhd Quarterly Data
	Dec18	Dec19	Jun20	Dec20	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24
Change In Receivables	Get a 7-Day Free Trial												11.67	-0.17	6.94	-6.12	-2.84

Coraza Integrated Technology 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 Jun. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was RM-2.19 Mil.

Coraza Integrated Technology Bhd (XKLS:0240) 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.

Coraza Integrated Technology Bhd's Days Sales Outstanding for the quarter that ended in Jun. 2024 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	18.313	/	21.766	*	91
=	76.77

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

Coraza Integrated Technology Bhd's liquidation value for the quarter that ended in Jun. 2024 is calculated as:

	Liquidation Value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	53.844	-	45.818	+	0.75 * 18.313	+	0.5 * 20.856
=	32.19

Coraza Integrated Technology Bhd Change In Receivables Related Terms

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Coraza Integrated Technology Bhd Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Coraza Integrated Technology Bhd (XKLS:0240) » Definitions » Change In Receivables

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Traded in Other Exchanges

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Address

Kawasan Industri Bukit Panchor, Lot 2777, Lorong Industri 5, Pulau Pinang, Nibong Tebal, PNG, MYS, 14300

Website

https://www.corazaintech.com

Coraza Integrated Technology Bhd is principally involved in the fabrication of sheet metal and precision machined components, as well as the provision of related services, such as design and development and value-added sub-module assembly services. The company support customers in various industries including semiconductor, instrumentation, life science and medical devices, telecommunications, aerospace, and others.

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