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SHH Resources Holdings Bhd (XKLS:7412) Change In Receivables : RM0.70 Mil (TTM As of Sep. 2024)


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What is SHH Resources Holdings Bhd Change In Receivables?

SHH Resources Holdings Bhd's change in receivables for the quarter that ended in Sep. 2024 was RM-2.70 Mil. It means SHH Resources Holdings Bhd's Accounts Receivable increased by RM2.70 Mil from Jun. 2024 to Sep. 2024 .

SHH Resources Holdings Bhd's change in receivables for the fiscal year that ended in Jun. 2024 was RM4.24 Mil. It means SHH Resources Holdings Bhd's Accounts Receivable declined by RM4.24 Mil from Jun. 2023 to Jun. 2024 .

SHH Resources Holdings Bhd's Accounts Receivable for the quarter that ended in Sep. 2024 was RM7.01 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. SHH Resources Holdings Bhd's Days Sales Outstanding for the three months ended in Sep. 2024 was 32.74.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. SHH Resources Holdings Bhd's liquidation value for the three months ended in Sep. 2024 was RM24.65 Mil.


SHH Resources Holdings Bhd Change In Receivables Historical Data

The historical data trend for SHH Resources Holdings 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.

* Premium members only.

SHH Resources Holdings Bhd Change In Receivables Chart

SHH Resources Holdings Bhd Annual Data
Trend Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24
Change In Receivables
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.02 4.38 -10.83 6.54 4.24

SHH Resources Holdings Bhd Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
Change In Receivables Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.84 -5.90 3.58 5.72 -2.70

SHH Resources Holdings 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 Sep. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was RM0.70 Mil.

* 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.


SHH Resources Holdings Bhd  (XKLS:7412) 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.

SHH Resources Holdings Bhd's Days Sales Outstanding for the quarter that ended in Sep. 2024 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=7.007/19.529*91
=32.74

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

SHH Resources Holdings Bhd's liquidation value for the quarter that ended in Sep. 2024 is calculated as:

Liquidation Value
=Cash, Cash Equivalents, Marketable Securities-Total Liabilities+(0.75 * Accounts Receivable)+(0.5 * Total Inventories)
=25.032-15.562+0.75 * 7.007+0.5 * 19.844
=24.65

* 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.


SHH Resources Holdings Bhd Change In Receivables Related Terms

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SHH Resources Holdings Bhd Business Description

Traded in Other Exchanges
N/A
Address
PLO 1, Kawasan Perindustrian Pagoh, Pagoh, Muar, JHR, MYS, 84600
SHH Resources Holdings Bhd is an investment holding company. Along with its subsidiaries, the company operates in the following reportable segments; Wooden furniture and Property development. It generates maximum revenue from the Wooden furniture segment, which is engaged in the manufacture and trading of wooden furniture. The company's products are divided mainly into two categories, namely bedroom suites and dining furniture, comprising of products like beds, dressers, mirrors, nightstands, dining tables, chairs, servers, buffets and hutches, and sofas among others. Geographically, it derives a majority of its revenue from its customers in the United States and the rest from the United Arab Emirates, Saudi Arabia, and Malaysia.

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