SKP Resources Bhd (XKLS:7155) Change In Receivables : RM307 Mil (TTM As of Dec. 2023)

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What is SKP Resources Bhd Change In Receivables?

SKP Resources Bhd's change in receivables for the quarter that ended in Dec. 2023 was RM140 Mil. It means SKP Resources Bhd's Accounts Receivable declined by RM140 Mil from Sep. 2023 to Dec. 2023 .

SKP Resources Bhd's change in receivables for the fiscal year that ended in Mar. 2023 was RM63 Mil. It means SKP Resources Bhd's Accounts Receivable declined by RM63 Mil from Mar. 2022 to Mar. 2023 .

SKP Resources Bhd's Accounts Receivable for the quarter that ended in Dec. 2023 was RM471 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. SKP Resources Bhd's Days Sales Outstanding for the three months ended in Dec. 2023 was 94.77.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. SKP Resources Bhd's liquidation value for the three months ended in Dec. 2023 was RM212 Mil.

SKP Resources Bhd Change In Receivables Historical Data

The historical data trend for SKP Resources 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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SKP Resources Bhd Change In Receivables Chart

SKP Resources Bhd Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

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Mar19

Mar20

Mar21

Mar22

Mar23

Change In Receivables

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83.89

-29.60

14.38

-204.32

63.42

SKP Resources 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															-83.13	302.09	-22.47	-113.43	140.32

SKP Resources 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 RM307 Mil.

SKP Resources Bhd (XKLS:7155) 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.

SKP Resources 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
=	470.581	/	453.1	*	91
=	94.77

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

SKP Resources 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)
=	191.578	-	425.701	+	0.75 * 470.581	+	0.5 * 185.773
=	212

SKP Resources Bhd Change In Receivables Related Terms

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SKP Resources Bhd (XKLS:7155) Business Description

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GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » SKP Resources Bhd (XKLS:7155) » Definitions » Change In Receivables

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Traded in Other Exchanges

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Address

Jalan Kluang, No.421, 4th Miles, Batu Pahat, JHR, MYS, 83000

Website

https://www.skpres.com

SKP Resources Bhd is an investment holding and provision of a management service company. It is engaged in the manufacturing of plastic products. The company's operating segment includes Sales of goods and Others. It generates majority revenue from the Sales of goods segment. Geographically, it operates only in Malaysia. Its services include Design and Engineering; Tool and Die Fabrication; Injection Moulding and Cosmetic Finishing; Contract Manufacturing and Component Assembly; Manufacturing Services and Logistics and Fulfillment.

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