MK Land Holdings Bhd (XKLS:8893) Change In Receivables : RM31.8 Mil (TTM As of Mar. 2024)

View and export this data going back to 2011. Start your Free Trial

What is MK Land Holdings Bhd Change In Receivables?

MK Land Holdings Bhd's change in receivables for the quarter that ended in Mar. 2024 was RM9.4 Mil. It means MK Land Holdings Bhd's Accounts Receivable declined by RM9.4 Mil from Dec. 2023 to Mar. 2024 .

MK Land Holdings Bhd's change in receivables for the fiscal year that ended in Jun. 2023 was RM-13.2 Mil. It means MK Land Holdings Bhd's Accounts Receivable increased by RM13.2 Mil from Jun. 2022 to Jun. 2023 .

MK Land Holdings Bhd's Accounts Receivable for the quarter that ended in Mar. 2024 was RM53.5 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. MK Land Holdings Bhd's Days Sales Outstanding for the three months ended in Mar. 2024 was 128.52.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. MK Land Holdings Bhd's liquidation value for the three months ended in Mar. 2024 was RM-232.2 Mil.

MK Land Holdings Bhd Change In Receivables Historical Data

The historical data trend for MK Land 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.

MK Land Holdings Bhd Change In Receivables Chart

MK Land Holdings Bhd Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Change In Receivables

Get a 7-Day Free Trial

-32.89

16.58

7.22

51.24

-13.17

MK Land Holdings 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															-21.41	14.05	15.61	-7.21	9.37

MK Land 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 Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was RM31.8 Mil.

MK Land Holdings Bhd (XKLS:8893) 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.

MK Land Holdings 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
=	53.546	/	38.018	*	91
=	128.52

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

MK Land Holdings 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)
=	73.749	-	413.092	+	0.75 * 53.546	+	0.5 * 133.881
=	-232.2

MK Land Holdings Bhd Change In Receivables Related Terms

Thank you for viewing the detailed overview of MK Land Holdings Bhd's Change In Receivables provided by GuruFocus.com. Please click on the following links to see related term pages.

MK Land Holdings Bhd (XKLS:8893) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » MK Land Holdings Bhd (XKLS:8893) » Definitions » Change In Receivables

Traded in Other Exchanges

N/A

Address

Number 19, Jalan PJU 8/5H, Perdana Business Centre, Bandar Damansara Perdana, Petaling Jaya, SGR, MYS, 47820

Website

https://www.mkland.com.my

MK Land Holdings Bhd is an investment holding company. The company's operating segment includes Property development; Leisure; Investment holding; solar and Education. It generates maximum revenue from the Property development segment. The Property Development segment is engaged in the development of mixed properties and its related activities. Geographically, it operates only in Malaysia.

MK Land Holdings Bhd (XKLS:8893) Headlines

No Headlines