Olympia Industries Bhd (XKLS:3018) Change In Receivables : RM-0.91 Mil (TTM As of Mar. 2024)

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What is Olympia Industries Bhd Change In Receivables?

Olympia Industries Bhd's change in receivables for the quarter that ended in Mar. 2024 was RM0.35 Mil. It means Olympia Industries Bhd's Accounts Receivable declined by RM0.35 Mil from Dec. 2023 to Mar. 2024 .

Olympia Industries Bhd's change in receivables for the fiscal year that ended in Dec. 2023 was RM-0.48 Mil. It means Olympia Industries Bhd's Accounts Receivable increased by RM0.48 Mil from Dec. 2022 to Dec. 2023 .

Olympia Industries Bhd's Accounts Receivable for the quarter that ended in Mar. 2024 was RM4.65 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. Olympia Industries Bhd's Days Sales Outstanding for the three months ended in Mar. 2024 was 18.84.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Olympia Industries Bhd's liquidation value for the three months ended in Mar. 2024 was RM-182.80 Mil.

Olympia Industries Bhd Change In Receivables Historical Data

The historical data trend for Olympia Industries 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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Olympia Industries Bhd Change In Receivables Chart

Olympia Industries Bhd Annual Data

Trend

Jun13

Jun14

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Receivables

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15.74

-0.22

-0.10

-0.26

-0.48

Olympia Industries 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															0.78	-0.58	-0.67	-0.02	0.35

Olympia Industries 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 RM-0.91 Mil.

Olympia Industries Bhd (XKLS:3018) 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.

Olympia Industries 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
=	4.65	/	22.519	*	91
=	18.84

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

Olympia Industries 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)
=	23.707	-	216.771	+	0.75 * 4.65	+	0.5 * 13.548
=	-182.80

Olympia Industries Bhd Change In Receivables Related Terms

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Olympia Industries Bhd (XKLS:3018) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Olympia Industries Bhd (XKLS:3018) » Definitions » Change In Receivables

Comparable Companies

Traded in Other Exchanges

N/A

Address

Number 8, Jalan Raja Chulan, Level 24, Menara Olympia, Kuala Lumpur, SGR, MYS, 50200

Website

https://www.oib.com.my

Olympia Industries Bhd is an investment holding company. The company's operating segments include Leasing; Property development; Gaming; and Investment holding and dormant. It generates maximum revenue from the Gaming segment. The Gaming segment includes organising, managing, and sales of numbers forecast pools and public lotteries. The Property development segment includes the development of residential and commercial properties. The Leasing segment includes the rental of office and retail spaces and other related activities. The Investment holding and dormant segment includes investment holding and other business units include trading and retailing business. Geographically, it derives revenue from Malaysia.

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