Riverview Rubber Estates Bhd (XKLS:2542) Change In Receivables : RM0.21 Mil (TTM As of Dec. 2023)

View and export this data going back to 1961. Start your Free Trial

What is Riverview Rubber Estates Bhd Change In Receivables?

Riverview Rubber Estates Bhd's change in receivables for the quarter that ended in Dec. 2023 was RM0.31 Mil. It means Riverview Rubber Estates Bhd's Accounts Receivable declined by RM0.31 Mil from Sep. 2023 to Dec. 2023 .

Riverview Rubber Estates Bhd's change in receivables for the fiscal year that ended in Dec. 2023 was RM0.21 Mil. It means Riverview Rubber Estates Bhd's Accounts Receivable declined by RM0.21 Mil from Dec. 2022 to Dec. 2023 .

Riverview Rubber Estates Bhd's Accounts Receivable for the quarter that ended in Dec. 2023 was RM1.11 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. Riverview Rubber Estates Bhd's Days Sales Outstanding for the three months ended in Dec. 2023 was 12.37.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Riverview Rubber Estates Bhd's liquidation value for the three months ended in Dec. 2023 was RM13.60 Mil.

Riverview Rubber Estates Bhd Change In Receivables Historical Data

The historical data trend for Riverview Rubber Estates 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.

Riverview Rubber Estates Bhd Change In Receivables Chart

Riverview Rubber Estates Bhd Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Receivables

Get a 7-Day Free Trial

-0.25

-0.61

0.10

0.31

0.21

Riverview Rubber Estates Bhd Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Change In Receivables	Get a 7-Day Free Trial															0.07	-0.11	0.13	-0.12	0.31

Riverview Rubber Estates 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 Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was RM0.21 Mil.

Riverview Rubber Estates Bhd (XKLS:2542) 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.

Riverview Rubber Estates Bhd's Days Sales Outstanding for the quarter that ended in Dec. 2023 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	1.107	/	8.169	*	91
=	12.37

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

Riverview Rubber Estates Bhd's liquidation value for the quarter that ended in Dec. 2023 is calculated as:

	Liquidation Value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	44.637	-	33.091	+	0.75 * 1.107	+	0.5 * 2.45
=	13.60

Riverview Rubber Estates Bhd Change In Receivables Related Terms

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

Riverview Rubber Estates Bhd (XKLS:2542) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Riverview Rubber Estates Bhd (XKLS:2542) » Definitions » Change In Receivables

Comparable Companies

Traded in Other Exchanges

N/A

Address

Riverview Estate, Tanjung Tualang, MYS, 31800

Website

http://www.riverview.com.my

Riverview Rubber Estates Bhd operates in the agricultural sector in Malaysia. It is engaged in the cultivation of oil palm, and sale of fresh fruit bunches of oil palm and other oil palm produce. The company operates through two segments, Plantations segment, which carries on the business of oil palm cultivation on its plantations in Peninsular Malaysia; and Other , which consist of an investment holding real estate company that develops and rents out its properties. The company majorly derives revenue from the Plantations segment. Geographically, the group operates in Malaysia and Australia.

Riverview Rubber Estates Bhd (XKLS:2542) Headlines

No Headlines