Hiap Teck Venture Bhd (XKLS:5072) Change In Receivables : RM-70 Mil (TTM As of Jan. 2024)

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What is Hiap Teck Venture Bhd Change In Receivables?

Hiap Teck Venture Bhd's change in receivables for the quarter that ended in Jan. 2024 was RM-31 Mil. It means Hiap Teck Venture Bhd's Accounts Receivable increased by RM31 Mil from Oct. 2023 to Jan. 2024 .

Hiap Teck Venture Bhd's change in receivables for the fiscal year that ended in Jul. 2023 was RM-10 Mil. It means Hiap Teck Venture Bhd's Accounts Receivable increased by RM10 Mil from Jul. 2022 to Jul. 2023 .

Hiap Teck Venture Bhd's Accounts Receivable for the quarter that ended in Jan. 2024 was RM397 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. Hiap Teck Venture Bhd's Days Sales Outstanding for the three months ended in Jan. 2024 was 78.95.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Hiap Teck Venture Bhd's liquidation value for the three months ended in Jan. 2024 was RM-61 Mil.

Hiap Teck Venture Bhd Change In Receivables Historical Data

The historical data trend for Hiap Teck Venture 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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Hiap Teck Venture Bhd Change In Receivables Chart

Hiap Teck Venture Bhd Annual Data

Trend

Jul14

Jul15

Jul16

Jul17

Jul18

Jul19

Jul20

Jul21

Jul22

Jul23

Change In Receivables

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54.25

63.65

-14.76

-181.97

-10.39

Hiap Teck Venture Bhd Quarterly Data
	Apr19	Jul19	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24
Change In Receivables	Get a 7-Day Free Trial															54.56	-29.68	-12.35	3.41	-31.39

Hiap Teck Venture 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 Jan. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was RM-70 Mil.

Hiap Teck Venture Bhd (XKLS:5072) 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.

Hiap Teck Venture Bhd's Days Sales Outstanding for the quarter that ended in Jan. 2024 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	397.497	/	459.454	*	91
=	78.95

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

Hiap Teck Venture Bhd's liquidation value for the quarter that ended in Jan. 2024 is calculated as:

	Liquidation Value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	83.093	-	698.822	+	0.75 * 397.497	+	0.5 * 513.567
=	-61

Hiap Teck Venture Bhd Change In Receivables Related Terms

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Hiap Teck Venture Bhd (XKLS:5072) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Hiap Teck Venture Bhd (XKLS:5072) » Definitions » Change In Receivables

Comparable Companies

Traded in Other Exchanges

N/A

Address

Lot 6096, Jalan Haji Abdul Manan, Batu 5 1/2, Off Jalan Meru, Klang, SGR, MYS, 41050

Website

https://www.htgrp.com.my

Hiap Teck Venture Bhd is a Malaysia-based company. It has five segments. The Trading segment is involved in importing, exporting, general dealing, and leasing of steel products, hardware, and building materials; the Manufacturing segment is involved in manufacturing, selling, and renting pipes, hollow sections, scaffolding equipment, and other steel products; the Property and Investment segment is engaged in renting out property and investment holding; the Transportation segment includes a provision of transportation of goods by lorries; and the Mining and exploration segment consists of exploring, contracting and other activities related to the mining, processing, and sale of iron ore. It generates a vast majority of the revenues from the Trading segment within Malaysia.

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