Go Innovate Asia Bhd (XKLS:03028) Change In Receivables: RM-23 Mil (TTM As of Jun. 2025)

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What is Go Innovate Asia Bhd Change In Receivables?

Go Innovate Asia Bhd XKLS:03028 Change In Receivables is RM-23 Mil as of Jun. 2025. The stock has 3 warning signs investors should review.

Go Innovate Asia Bhd's change in receivables for the quarter that ended in Jun. 2025 was RM-30 Mil. It means Go Innovate Asia Bhd's Accounts Receivable increased by RM30 Mil from Dec. 2024 to Jun. 2025 .

Go Innovate Asia Bhd's change in receivables for the fiscal year that ended in Dec. 2024 was RM9 Mil. It means Go Innovate Asia Bhd's Accounts Receivable declined by RM9 Mil from Dec. 2023 to Dec. 2024 .

Go Innovate Asia Bhd's Accounts Receivable for the quarter that ended in Jun. 2025 was RM39 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. Go Innovate Asia Bhd's Days Sales Outstanding for the six months ended in Jun. 2025 was 3.58.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Go Innovate Asia Bhd's liquidation value for the six months ended in Jun. 2025 was RM-31 Mil.

Go Innovate Asia Bhd  (XKLS:03028) 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.

Go Innovate Asia Bhd's Days Sales Outstanding for the quarter that ended in Jun. 2025 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=39.249/2001.367*91
=3.58

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

Go Innovate Asia Bhd's liquidation value for the quarter that ended in Jun. 2025 is calculated as:

Liquidation Value
=Cash, Cash Equivalents, Marketable Securities-Total Liabilities+(0.75 * Accounts Receivable)+(0.5 * Total Inventories)
=47.473-136.422+0.75 * 39.249+0.5 * 56.924
=-31

* 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.

Go Innovate Asia Bhd Change In Receivables Related Terms

Go Innovate Asia Bhd Change In Receivables Historical Data

* Premium members only.

The historical data trend for Go Innovate Asia 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.

Go Innovate Asia Bhd Change In Receivables Chart

Go Innovate Asia Bhd Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Change In Receivables
Get a 7-Day Free Trial -2.43 2.10 -8.29 3.66 8.74

Go Innovate Asia Bhd Semi-Annual Data
Dec17 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25
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 10.62 -6.96 1.56 7.18 -30.11

Go Innovate Asia 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. 2025 adds up the semi-annually data reported by the company within the most recent 12 months, which was RM-23 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-23 Mil mean?
Go Innovate Asia Bhd (XKLS:03028) has a Change In Receivables of RM-23 Mil as of Jun. 2025. Change in Receivables is the difference between current-period receivables and past-period receivables. View historical data for Go Innovate Asia Bhd and its competitors.
Is Go Innovate Asia Bhd's Change In Receivables too high?
Go Innovate Asia Bhd's current Change In Receivables is RM-23 Mil.
How does Go Innovate Asia Bhd's Change In Receivables compare to MS and GS?
Go Innovate Asia Bhd's Change In Receivables of RM-23 Mil can be compared against companies in the Capital Markets 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 Capital Markets company?
A good Change In Receivables depends on the Capital Markets 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 Go Innovate Asia Bhd and its competitors. Go Innovate Asia Bhd's current Change In Receivables is RM-23 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Go Innovate Asia Bhd stock overvalued right now?
Go Innovate Asia Bhd (XKLS:03028) has a current Change In Receivables of RM-23 Mil. The stock's GF Value™ is RM0.38, compared to a current price of RM0.03 — trading 92.1% below its estimated fair value. The current Change In Receivables is RM-23 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 Go Innovate Asia Bhd (XKLS:03028), the current Change In Receivables is RM-23 Mil as of Jun. 2025. 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.

Go Innovate Asia Bhd Business Description

Address 3A-D, Jalan USJ10/1A, Subang Jaya, Kuala Lumpur, SGR, MYS, 47610
Go Innovate Asia Bhd is investment holding company. The principal activities of its subsidiaries include trading in precious metals, provide services relating to the online precious metals trading platform and such other business which are necessary for and/or incident to the aforesaid business, developing information technology (IT), dealing and trading in providing information, communication and technology (ICT) services and consultancy, deal, trade and provide software research and development businesses, technical testing and analysis, assaying and refining of precious metals, and promoting and marketing all kinds of gold products.