Petronas Gas Bhd (XKLS:6033) Change In Receivables : RM59 Mil (TTM As of Dec. 2023)

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What is Petronas Gas Bhd Change In Receivables?

Petronas Gas Bhd's change in receivables for the quarter that ended in Dec. 2023 was RM-33 Mil. It means Petronas Gas Bhd's Accounts Receivable increased by RM33 Mil from Sep. 2023 to Dec. 2023 .

Petronas Gas Bhd's change in receivables for the fiscal year that ended in Dec. 2023 was RM59 Mil. It means Petronas Gas Bhd's Accounts Receivable declined by RM59 Mil from Dec. 2022 to Dec. 2023 .

Petronas Gas Bhd's Accounts Receivable for the quarter that ended in Dec. 2023 was RM789 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. Petronas Gas Bhd's Days Sales Outstanding for the three months ended in Dec. 2023 was 45.50.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Petronas Gas Bhd's liquidation value for the three months ended in Dec. 2023 was RM-1,365 Mil.

Petronas Gas Bhd Change In Receivables Historical Data

The historical data trend for Petronas Gas 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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Petronas Gas Bhd Change In Receivables Chart

Petronas Gas Bhd Annual Data

Trend

Dec14

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Dec16

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Dec20

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Dec22

Dec23

Change In Receivables

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14.58

262.77

-137.11

-92.43

59.36

Petronas Gas 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															-76.51	-46.73	44.35	94.59	-32.85

Petronas Gas 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 RM59 Mil.

Petronas Gas Bhd (XKLS:6033) 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.

Petronas Gas 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
=	789.277	/	1582.836	*	91
=	45.50

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

Petronas Gas 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)
=	3527.91	-	5504.128	+	0.75 * 789.277	+	0.5 * 38.67
=	-1,365

Petronas Gas Bhd Change In Receivables Related Terms

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Petronas Gas Bhd (XKLS:6033) Business Description

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GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » Petronas Gas Bhd (XKLS:6033) » Definitions » Change In Receivables

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PNAGF:USA

Address

Level 49-50, Tower 1, PETRONAS Twin Towers, Kuala Lumpur City Centre, Kuala Lumpur, SGR, MYS, 50088

Website

https://www.petronasgas.com

Petronas Gas Bhd is a Malaysian gas infrastructure and utilities company of which Malaysia's nationalized oil corporation, PETRONAS, holds a majority interest. Petronas Gas segments its primary operations into Gas Processing, Gas Transportation, Utilities, and Regasification businesses. While each of these contributes significantly to the company's total revenue, its Utilities and Gas Processing units combine to generate the majority. In Gas Processing, Petronas Gas receives processing fees under multi-year contracts by processing natural gas piped offshore for its parent company, PETRONAS. The Gas Transportation business encompasses the transmission of offshore natural gas through pipelines to customers in Malaysia and Singapore under multi-year agreements with PETRONAS.

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