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Carimin Petroleum Bhd (XKLS:5257) Change In Receivables : RM-0.4 Mil (TTM As of Dec. 2024)


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What is Carimin Petroleum Bhd Change In Receivables?

Carimin Petroleum Bhd's change in receivables for the quarter that ended in Dec. 2024 was RM5.2 Mil. It means Carimin Petroleum Bhd's Accounts Receivable declined by RM5.2 Mil from Sep. 2024 to Dec. 2024 .

Carimin Petroleum Bhd's change in receivables for the fiscal year that ended in Jun. 2024 was RM-30.2 Mil. It means Carimin Petroleum Bhd's Accounts Receivable increased by RM30.2 Mil from Jun. 2023 to Jun. 2024 .

Carimin Petroleum Bhd's Accounts Receivable for the quarter that ended in Dec. 2024 was RM18.1 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. Carimin Petroleum Bhd's Days Sales Outstanding for the three months ended in Dec. 2024 was 22.31.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Carimin Petroleum Bhd's liquidation value for the three months ended in Dec. 2024 was RM-45.1 Mil.


Carimin Petroleum Bhd Change In Receivables Historical Data

The historical data trend for Carimin Petroleum 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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Carimin Petroleum Bhd Change In Receivables Chart

Carimin Petroleum Bhd Annual Data
Trend Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24
Change In Receivables
Get a 7-Day Free Trial Premium Member Only Premium Member Only 88.26 19.92 -50.34 -8.38 -30.19

Carimin Petroleum Bhd Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
Change In Receivables Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -21.06 20.58 -19.06 -7.08 5.18

Carimin Petroleum 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. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was RM-0.4 Mil.

* 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.


Carimin Petroleum Bhd  (XKLS:5257) 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.

Carimin Petroleum Bhd's Days Sales Outstanding for the quarter that ended in Dec. 2024 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=18.125/74.147*91
=22.31

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

Carimin Petroleum Bhd's liquidation value for the quarter that ended in Dec. 2024 is calculated as:

Liquidation Value
=Cash, Cash Equivalents, Marketable Securities-Total Liabilities+(0.75 * Accounts Receivable)+(0.5 * Total Inventories)
=81.121-139.848+0.75 * 18.125+0.5 * 0
=-45.1

* 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.


Carimin Petroleum Bhd Change In Receivables Related Terms

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Carimin Petroleum Bhd Business Description

Traded in Other Exchanges
N/A
Address
189, Jalan Tun Razak, B-1-6, Block B, Megan Avenue 1, Wilayah Persekutuan, Kuala Lumpur, SGR, MYS, 50400
Carimin Petroleum Bhd provides technical and engineering support services to the oil and gas industry in Malaysia. The company's services include hook-up, commissioning production platform system maintenance and upgrading, manpower supply, and minor fabrication service. It has five reportable segments namely Manpower services, Construction, hook-up and commissioning, top maintenance, Marine services, Civil construction, and others. The company generates maximum revenue from Construction, hook up, and commissioning, top maintenance segment, which provides offshore hook-up and commissioning on production platforms typically involving the final installation, testing and commissioning of the facilities' structures machinery. Geographically, it operates only in Malaysia.

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