Harrisons Holdings (Malaysia) Bhd (XKLS:5008) Change In Receivables : RM-40 Mil (TTM As of Dec. 2023)

View and export this data going back to 1999. Start your Free Trial

What is Harrisons Holdings (Malaysia) Bhd Change In Receivables?

Harrisons Holdings (Malaysia) Bhd's change in receivables for the quarter that ended in Dec. 2023 was RM-40 Mil. It means Harrisons Holdings (Malaysia) Bhd's Accounts Receivable increased by RM40 Mil from Sep. 2023 to Dec. 2023 .

Harrisons Holdings (Malaysia) Bhd's change in receivables for the fiscal year that ended in Dec. 2023 was RM-40 Mil. It means Harrisons Holdings (Malaysia) Bhd's Accounts Receivable increased by RM40 Mil from Dec. 2022 to Dec. 2023 .

Harrisons Holdings (Malaysia) Bhd's Accounts Receivable for the quarter that ended in Dec. 2023 was RM350 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. Harrisons Holdings (Malaysia) Bhd's Days Sales Outstanding for the three months ended in Dec. 2023 was 63.43.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Harrisons Holdings (Malaysia) Bhd's liquidation value for the three months ended in Dec. 2023 was RM70 Mil.

Harrisons Holdings (Malaysia) Bhd Change In Receivables Historical Data

The historical data trend for Harrisons Holdings (Malaysia) 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.

Harrisons Holdings (Malaysia) Bhd Change In Receivables Chart

Harrisons Holdings (Malaysia) Bhd Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Receivables

Get a 7-Day Free Trial

-26.75

39.30

11.16

-22.23

-39.88

Harrisons Holdings (Malaysia) 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															-24.66	-38.26	2.83	35.23	-39.68

Harrisons Holdings (Malaysia) 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 RM-40 Mil.

Harrisons Holdings (Malaysia) Bhd (XKLS:5008) 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.

Harrisons Holdings (Malaysia) 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
=	350.308	/	503.984	*	91
=	63.43

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

Harrisons Holdings (Malaysia) 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)
=	170.241	-	489.685	+	0.75 * 350.308	+	0.5 * 253.409
=	70

Harrisons Holdings (Malaysia) Bhd Change In Receivables Related Terms

Thank you for viewing the detailed overview of Harrisons Holdings (Malaysia) Bhd's Change In Receivables provided by GuruFocus.com. Please click on the following links to see related term pages.

Harrisons Holdings (Malaysia) Bhd (XKLS:5008) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Distribution » Harrisons Holdings (Malaysia) Bhd (XKLS:5008) » Definitions » Change In Receivables

Comparable Companies

Traded in Other Exchanges

N/A

Address

10, Jalan Raja Laut, Unit 9A, 9th Floor, Wisma Bumi Raya, Wisma Bumi Raya, Kuala Lumpur, MYS, 50350

Website

https://www.harrisons.com.my

Harrisons Holdings (Malaysia) Bhd is a sale, marketing, warehousing, distribution, and services organization in Malaysia. It has three reporting business segments: Trading and distribution; Retail; and Shipping and others. The Trading and distribution segment operations generate majority revenue for the company which comprises trading and distribution of consumer products, building materials, industrial and agricultural chemical products, and liquor products. It has a business presence in Sabah, Sarawak, Peninsular Malaysia and Singapore.

Harrisons Holdings (Malaysia) Bhd (XKLS:5008) Headlines

No Headlines