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Agricore CS Holdings Bhd (XKLS:0309) Change In Receivables : RM0.50 Mil (TTM As of Jun. 2024)


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What is Agricore CS Holdings Bhd Change In Receivables?

Agricore CS Holdings Bhd's change in receivables for the quarter that ended in Jun. 2024 was RM0.50 Mil. It means Agricore CS Holdings Bhd's Accounts Receivable declined by RM0.50 Mil from Dec. 2023 to Jun. 2024 .

Agricore CS Holdings Bhd's change in receivables for the fiscal year that ended in Dec. 2023 was RM-2.97 Mil. It means Agricore CS Holdings Bhd's Accounts Receivable increased by RM2.97 Mil from Dec. 2022 to Dec. 2023 .

Agricore CS Holdings Bhd's Accounts Receivable for the quarter that ended in Jun. 2024 was RM17.72 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. Agricore CS Holdings Bhd's Days Sales Outstanding for the six months ended in Jun. 2024 was 45.23.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Agricore CS Holdings Bhd's liquidation value for the six months ended in Jun. 2024 was RM14.03 Mil.

Agricore CS Holdings Bhd Change In Receivables Historical Data

The historical data trend for Agricore CS 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.

* Premium members only.

Agricore CS Holdings Bhd Change In Receivables Chart

Agricore CS Holdings Bhd Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Change In Receivables
1.85 -4.07 -1.38 -2.97

Agricore CS Holdings Bhd Semi-Annual Data
Dec20 Dec21 Dec22 Dec23 Jun24
Change In Receivables - - - - 0.50

Agricore CS 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 Jun. 2024 adds up the semi-annually data reported by the company within the most recent 12 months, which was RM0.50 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.

Agricore CS Holdings Bhd  (XKLS:0309) 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.

Agricore CS Holdings 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
=17.717/71.49*91
=45.23

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

Agricore CS Holdings 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)
=30.885-44.079+0.75 * 17.717+0.5 * 27.869
=14.03

* 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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Agricore CS Holdings Bhd Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Retail - Defensive » Agricore CS Holdings Bhd (XKLS:0309) » Definitions » Change In Receivables
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Traded in Other Exchanges
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Address
1173, Jalan Perindustrian Bukit Minyak 2, Kawasan Perindustrian Bukit Minyak, Bukit Mertajam, PNG, MYS, 14100
Website
https://www.agricore.com.my
Agricore CS Holdings Bhd is principally involved in the sourcing, distribution and production of food ingredients. its core business activities are segmented as follows: (a) sourcing and distribution of plant-based agricultural food ingredients comprising starch products, beans and pulses, grain products and other related products; and (b) production and sale of food additives and fried shallots.

Agricore CS Holdings Bhd Headlines

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