Ekovest Bhd (XKLS:8877) Change In Receivables : RM14 Mil (TTM As of Mar. 2024)

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What is Ekovest Bhd Change In Receivables?

Ekovest Bhd's change in receivables for the quarter that ended in Mar. 2024 was RM-41 Mil. It means Ekovest Bhd's Accounts Receivable increased by RM41 Mil from Dec. 2023 to Mar. 2024 .

Ekovest Bhd's change in receivables for the fiscal year that ended in Jun. 2023 was RM-100 Mil. It means Ekovest Bhd's Accounts Receivable increased by RM100 Mil from Jun. 2022 to Jun. 2023 .

Ekovest Bhd's Accounts Receivable for the quarter that ended in Mar. 2024 was RM410 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. Ekovest Bhd's Days Sales Outstanding for the three months ended in Mar. 2024 was 121.99.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Ekovest Bhd's liquidation value for the three months ended in Mar. 2024 was RM-7,766 Mil.

Ekovest Bhd Change In Receivables Historical Data

The historical data trend for Ekovest 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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Ekovest Bhd Change In Receivables Chart

Ekovest Bhd Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Change In Receivables

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-30.75

20.13

40.78

-17.61

-100.28

Ekovest 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															-84.12	121.13	-47.63	-18.24	-41.16

Ekovest 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 RM14 Mil.

Ekovest Bhd (XKLS:8877) 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.

Ekovest 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
=	409.691	/	306.462	*	91
=	121.99

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

Ekovest 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)
=	394.961	-	8572.309	+	0.75 * 409.691	+	0.5 * 208.288
=	-7,766

Ekovest Bhd Change In Receivables Related Terms

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Ekovest Bhd (XKLS:8877) Business Description

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GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Ekovest Bhd (XKLS:8877) » Definitions » Change In Receivables

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Traded in Other Exchanges

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Address

No. 118 Jalan Gombak, Ground Floor, Wisma Ekovest, Kuala Lumpur, SGR, MYS, 53000

Website

https://www.ekovest.com.my

Ekovest Bhd is a Malaysia-based company principally engaged in investment holding and civil engineering and building works. The group's operating segments are business units engaging in providing different products and services including Construction operations, Property development, Toll Operations, Plantation; Food and beverages; Property investment, and Others. The operations of the group are entirely carried out in Malaysia with the majority of the revenue generated from Construction operations.

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