Hil Industries Bhd (XKLS:8443) Change In Receivables : RM8.3 Mil (TTM As of Mar. 2024)

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What is Hil Industries Bhd Change In Receivables?

Hil Industries Bhd's change in receivables for the quarter that ended in Mar. 2024 was RM3.2 Mil. It means Hil Industries Bhd's Accounts Receivable declined by RM3.2 Mil from Dec. 2023 to Mar. 2024 .

Hil Industries Bhd's change in receivables for the fiscal year that ended in Dec. 2023 was RM10.4 Mil. It means Hil Industries Bhd's Accounts Receivable declined by RM10.4 Mil from Dec. 2022 to Dec. 2023 .

Hil Industries Bhd's Accounts Receivable for the quarter that ended in Mar. 2024 was RM61.7 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. Hil Industries Bhd's Days Sales Outstanding for the three months ended in Mar. 2024 was 89.22.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Hil Industries Bhd's liquidation value for the three months ended in Mar. 2024 was RM238.1 Mil.

Hil Industries Bhd Change In Receivables Historical Data

The historical data trend for Hil 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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Hil Industries Bhd Change In Receivables Chart

Hil Industries Bhd Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Receivables

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-8.28

-39.68

-61.76

18.88

10.40

Hil Industries 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															5.27	6.41	9.65	-10.94	3.18

Hil 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 Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was RM8.3 Mil.

Hil Industries Bhd (XKLS:8443) 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.

Hil Industries 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
=	61.675	/	63.078	*	91
=	89.22

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

Hil Industries 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)
=	159.156	-	60.865	+	0.75 * 61.675	+	0.5 * 187.189
=	238.1

Hil Industries Bhd Change In Receivables Related Terms

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Hil Industries Bhd (XKLS:8443) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Hil Industries Bhd (XKLS:8443) » Definitions » Change In Receivables

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Traded in Other Exchanges

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Address

Lot 3, Jalan Lada Sulah 16/11, Section 16, Shah Alam, SGR, MYS, 40000

Website

https://www.hil.com.my

Hil Industries Bhd is a manufacturer and seller of industrial and domestic moulded plastic products. The company's reportable segment include: Manufacturing; Property development and management; and Trading, services and others. The Manufacturing segment engages in the manufacture and sale of industrial and domestic moulded plastic products. The Property development and management segment is involved in the development of residential, commercial and light industrial properties, and letting out of properties and provision of property management services. Trading, services and others segment includes general trading. The company generates key revenue from the Manufacturing segment. It has a business presence in Malaysia, the PRC and Taiwan.

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