V.S Industry Bhd (XKLS:6963) Change In Receivables : RM315 Mil (TTM As of Jan. 2024)

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What is V.S Industry Bhd Change In Receivables?

V.S Industry Bhd's change in receivables for the quarter that ended in Jan. 2024 was RM198 Mil. It means V.S Industry Bhd's Accounts Receivable declined by RM198 Mil from Oct. 2023 to Jan. 2024 .

V.S Industry Bhd's change in receivables for the fiscal year that ended in Jul. 2023 was RM-137 Mil. It means V.S Industry Bhd's Accounts Receivable increased by RM137 Mil from Jul. 2022 to Jul. 2023 .

V.S Industry Bhd's Accounts Receivable for the quarter that ended in Jan. 2024 was RM1,095 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. V.S Industry Bhd's Days Sales Outstanding for the three months ended in Jan. 2024 was 111.59.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. V.S Industry Bhd's liquidation value for the three months ended in Jan. 2024 was RM261 Mil.

V.S Industry Bhd Change In Receivables Historical Data

The historical data trend for V.S Industry 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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V.S Industry Bhd Change In Receivables Chart

V.S Industry Bhd Annual Data

Trend

Jul14

Jul15

Jul16

Jul17

Jul18

Jul19

Jul20

Jul21

Jul22

Jul23

Change In Receivables

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-45.73

168.17

-202.14

-47.78

-136.55

V.S Industry 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															9.44	213.04	-21.34	-74.40	198.00

V.S Industry 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 RM315 Mil.

V.S Industry Bhd (XKLS:6963) 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.

V.S Industry 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
=	1094.549	/	895.022	*	91
=	111.59

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

V.S Industry 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)
=	745.275	-	1610.858	+	0.75 * 1094.549	+	0.5 * 611.675
=	261

V.S Industry Bhd Change In Receivables Related Terms

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V.S Industry Bhd (XKLS:6963) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » V.S Industry Bhd (XKLS:6963) » Definitions » Change In Receivables

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Traded in Other Exchanges

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Address

No. 88 Jalan I-Park SAC 5, Taman Perindustrian I-Park SAC, Senai, JHR, MYS, 81400

Website

http://www.vs-i.com

V.S Industry Bhd is engaged in the manufacturing, assembling, and sale of electronic and electrical products and plastic moulded components and parts. It is an integrated Electronics Manufacturing Services (EMS) provider in the region. The manufacturing services include plastic injection mould design and fabrication, a wide range of injection tonnage and finishing processes, large-scale production of printed circuit boards, automated assembly, and final processes of packaging and logistics. Geographically, it derives a majority of its revenue from Malaysia and also has a presence in the United States of America, Europe, Indonesia, Singapore, the People's Republic of China, and others.

V.S Industry Bhd (XKLS:6963) Headlines

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