EITA Resources Bhd (XKLS:5208) Change In Receivables : RM-32.9 Mil (TTM As of Mar. 2024)

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What is EITA Resources Bhd Change In Receivables?

EITA Resources Bhd's change in receivables for the quarter that ended in Mar. 2024 was RM-9.4 Mil. It means EITA Resources Bhd's Accounts Receivable increased by RM9.4 Mil from Dec. 2023 to Mar. 2024 .

EITA Resources Bhd's change in receivables for the fiscal year that ended in Sep. 2023 was RM-23.5 Mil. It means EITA Resources Bhd's Accounts Receivable increased by RM23.5 Mil from Sep. 2022 to Sep. 2023 .

EITA Resources Bhd's Accounts Receivable for the quarter that ended in Mar. 2024 was RM95.7 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. EITA Resources Bhd's Days Sales Outstanding for the three months ended in Mar. 2024 was 102.59.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. EITA Resources Bhd's liquidation value for the three months ended in Mar. 2024 was RM38.7 Mil.

EITA Resources Bhd Change In Receivables Historical Data

The historical data trend for EITA Resources 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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EITA Resources Bhd Change In Receivables Chart

EITA Resources Bhd Annual Data

Trend

Sep14

Sep15

Sep16

Sep17

Sep18

Sep19

Sep20

Sep21

Sep22

Sep23

Change In Receivables

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-40.34

9.92

-21.92

-2.66

-23.50

EITA Resources 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															-3.24	-22.28	-6.03	4.81	-9.39

EITA Resources 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-32.9 Mil.

EITA Resources Bhd (XKLS:5208) 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.

EITA Resources 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
=	95.725	/	85.142	*	91
=	102.59

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

EITA Resources 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)
=	69.862	-	129.754	+	0.75 * 95.725	+	0.5 * 53.628
=	38.7

EITA Resources Bhd Change In Receivables Related Terms

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EITA Resources Bhd (XKLS:5208) Business Description

Industry

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Traded in Other Exchanges

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Address

Lot 4, Block A, Jalan SS13/7, Subang Jaya Industrial Estate, Subang Jaya, SGR, MYS, 47500

Website

http://www.eita.com.my

EITA Resources Bhd is an investment holding company. The business of the company operates through various segments that are Design & Manufacturing, which includes purchasing, designing, and manufacturing of elevator and bus ducts; Marketing & Distribution, which includes purchasing, marketing, and distributing electrical and electronic components; Services, which is into the maintenance of elevator systems and carrying out civil, electrical, and general construction works; and High Voltage system, which carries out electrical engineering, and general construction work. Its products include elevators, power equipment, cabling, control equipment, security, green technology, and lighting & surge protection system. Its geographical segments are Malaysia, ASEAN, the Middle East, and others.

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