Thong Guan Industries Bhd (XKLS:7034) Change In Receivables : RM12 Mil (TTM As of Dec. 2024)

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What is Thong Guan Industries Bhd Change In Receivables?

Thong Guan Industries Bhd's change in receivables for the quarter that ended in Dec. 2024 was RM-2 Mil. It means Thong Guan Industries Bhd's Accounts Receivable increased by RM2 Mil from Sep. 2024 to Dec. 2024 .

Thong Guan Industries Bhd's change in receivables for the fiscal year that ended in Dec. 2024 was RM12 Mil. It means Thong Guan Industries Bhd's Accounts Receivable declined by RM12 Mil from Dec. 2023 to Dec. 2024 .

Thong Guan Industries Bhd's Accounts Receivable for the quarter that ended in Dec. 2024 was RM247 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. Thong Guan Industries Bhd's Days Sales Outstanding for the three months ended in Dec. 2024 was 74.01.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Thong Guan Industries Bhd's liquidation value for the three months ended in Dec. 2024 was RM216 Mil.

Thong Guan Industries Bhd Change In Receivables Historical Data

The historical data trend for Thong Guan Industries 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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Thong Guan Industries Bhd Change In Receivables Chart

Thong Guan Industries Bhd Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Change In Receivables

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-18.78

-104.57

-33.48

58.77

11.97

Thong Guan Industries 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															23.15	-5.14	35.18	-16.08	-1.99

Thong Guan Industries 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 RM12 Mil.

Thong Guan Industries Bhd (XKLS:7034) 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.

Thong Guan Industries 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
=	247.141	/	304.692	*	91
=	74.01

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

Thong Guan Industries 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)
=	313.436	-	472.956	+	0.75 * 247.141	+	0.5 * 379.468
=	216

Thong Guan Industries Bhd Change In Receivables Related Terms

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Thong Guan Industries Bhd Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Packaging & Containers » Thong Guan Industries Bhd (XKLS:7034) » Definitions » Change In Receivables

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Traded in Other Exchanges

N/A

Address

Lot 52, Jalan PKNK 1/6, Kawasan Perusahaan Sungai Petani, Sungai Petani, KDH, MYS, 08000

Website

https://www.thongguan.com

Thong Guan Industries Bhd is a Malaysia based investment holding company. Along with its subsidiaries, the firm is engaged in trading of plastic packaging and petroleum products. It operates in two segments including Plastic products and Food, beverages and other consumable products. The company generates the majority of the revenue from the plastic products segment which comprises of stretch films, garbage bags, industrial bags and PVC (Polyvinyl chloride) food wrap. Geographical presence is in Malaysia, Oceania, Europe, North America, Others Asian countries and others.

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