Alcom Group Bhd (XKLS:2674) Change In Receivables : RM28.6 Mil (TTM As of Mar. 2024)

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What is Alcom Group Bhd Change In Receivables?

Alcom Group Bhd's change in receivables for the quarter that ended in Mar. 2024 was RM-2.7 Mil. It means Alcom Group Bhd's Accounts Receivable increased by RM2.7 Mil from Dec. 2023 to Mar. 2024 .

Alcom Group Bhd's change in receivables for the fiscal year that ended in Dec. 2023 was RM26.9 Mil. It means Alcom Group Bhd's Accounts Receivable declined by RM26.9 Mil from Dec. 2022 to Dec. 2023 .

Alcom Group Bhd's Accounts Receivable for the quarter that ended in Mar. 2024 was RM55.0 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. Alcom Group Bhd's Days Sales Outstanding for the three months ended in Mar. 2024 was 36.82.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Alcom Group Bhd's liquidation value for the three months ended in Mar. 2024 was RM-24.0 Mil.

Alcom Group Bhd Change In Receivables Historical Data

The historical data trend for Alcom 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.

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Alcom Group Bhd Change In Receivables Chart

Alcom Group Bhd Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Receivables

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18.27

-11.69

-33.79

-14.86

26.86

Alcom Group Bhd Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Change In Receivables	Get a 7-Day Free Trial															-4.40	16.14	7.66	7.46	-2.66

Alcom 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 Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was RM28.6 Mil.

Alcom Group Bhd (XKLS:2674) 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.

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

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	55.004	/	136.313	*	91
=	36.82

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

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

	Liquidation Value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	183.423	-	334.84	+	0.75 * 55.004	+	0.5 * 172.273
=	-24.0

Alcom Group Bhd Change In Receivables Related Terms

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Alcom Group Bhd (XKLS:2674) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Alcom Group Bhd (XKLS:2674) » Definitions » Change In Receivables

Traded in Other Exchanges

N/A

Address

No. 3, Persiaran Waja, Bukit Raja Industrial Estate, Klang, MYS, 41050

Website

https://www.alcom.com.my

Alcom Group Bhd along with its subsidiaries, the company has four operating segments: Manufacturing; Property development; Construction; and Investment holding. It derives a majority of revenue from the Manufacturing segment which involves the manufacturing and trading of aluminum products such as Specialty products, Roofing products, and Foil products. Geographically, the group has a business presence in Malaysia, Thailand, India, the Middle East and other countries, of which key revenue is generated from Malaysia.

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