Axteria Group Bhd (XKLS:7120) Change In Receivables : RM2.48 Mil (TTM As of Mar. 2024)

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What is Axteria Group Bhd Change In Receivables?

Axteria Group Bhd's change in receivables for the quarter that ended in Mar. 2024 was RM-0.15 Mil. It means Axteria Group Bhd's Accounts Receivable increased by RM0.15 Mil from Dec. 2023 to Mar. 2024 .

Axteria Group Bhd's change in receivables for the fiscal year that ended in Dec. 2023 was RM0.90 Mil. It means Axteria Group Bhd's Accounts Receivable declined by RM0.90 Mil from Dec. 2022 to Dec. 2023 .

Axteria Group Bhd's Accounts Receivable for the quarter that ended in Mar. 2024 was RM1.54 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. Axteria Group Bhd's Days Sales Outstanding for the three months ended in Mar. 2024 was 15.95.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Axteria Group Bhd's liquidation value for the three months ended in Mar. 2024 was RM11.60 Mil.

Axteria Group Bhd Change In Receivables Historical Data

The historical data trend for Axteria Group 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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Axteria Group Bhd Change In Receivables Chart

Axteria Group Bhd Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Receivables

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15.95

8.66

0.40

-0.04

0.90

Axteria Group 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															-1.74	-8.44	5.51	5.56	-0.15

Axteria Group 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 RM2.48 Mil.

Axteria Group Bhd (XKLS:7120) 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.

Axteria Group 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
=	1.539	/	8.803	*	91
=	15.95

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

Axteria Group 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)
=	2.364	-	39.146	+	0.75 * 1.539	+	0.5 * 94.464
=	11.60

Axteria Group Bhd Change In Receivables Related Terms

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Axteria Group Bhd (XKLS:7120) Business Description

Industry

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Traded in Other Exchanges

N/A

Address

No.56, Jalan Setia Tropika 1/14, Suite 02-01, Level 2, Wisma Teras Eco, Taman Setia Tropika, Johor Bahru, JHR, MYS, 81200

Website

https://www.acoustech.com.my

Axteria Group Bhd, formerly Acoustech Bhd is an investment holding company engaged in the property development and construction business. It operates through three divisions. The Property Development and Construction Division, which derives the majority of revenue, involves developing properties, securing, and carrying out construction contracts. The Investment Holding division involves activities where investments contribute to dividend income and interest income as well as sharing of results of the investee companies and Trading division involves wholesale of construction materials to third party customers. It only operates in Malaysia.

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