Wang- Zheng Bhd (XKLS:7203) Change In Receivables : RM-6.5 Mil (TTM As of Dec. 2023)

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What is Wang- Zheng Bhd Change In Receivables?

Wang- Zheng Bhd's change in receivables for the quarter that ended in Dec. 2023 was RM-1.0 Mil. It means Wang- Zheng Bhd's Accounts Receivable increased by RM1.0 Mil from Sep. 2023 to Dec. 2023 .

Wang- Zheng Bhd's change in receivables for the fiscal year that ended in Dec. 2023 was RM-6.5 Mil. It means Wang- Zheng Bhd's Accounts Receivable increased by RM6.5 Mil from Dec. 2022 to Dec. 2023 .

Wang- Zheng Bhd's Accounts Receivable for the quarter that ended in Dec. 2023 was RM58.6 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. Wang- Zheng Bhd's Days Sales Outstanding for the three months ended in Dec. 2023 was 68.21.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Wang- Zheng Bhd's liquidation value for the three months ended in Dec. 2023 was RM100.7 Mil.

Wang- Zheng Bhd Change In Receivables Historical Data

The historical data trend for Wang- Zheng 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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Wang- Zheng Bhd Change In Receivables Chart

Wang- Zheng Bhd Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Receivables

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3.08

4.99

3.28

-4.53

-6.47

Wang- Zheng 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															-0.01	-9.94	3.29	1.15	-0.98

Wang- Zheng 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 RM-6.5 Mil.

Wang- Zheng Bhd (XKLS:7203) 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.

Wang- Zheng 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
=	58.627	/	78.434	*	91
=	68.21

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

Wang- Zheng 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)
=	122.932	-	100.846	+	0.75 * 58.627	+	0.5 * 69.221
=	100.7

Wang- Zheng Bhd Change In Receivables Related Terms

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Wang- Zheng Bhd (XKLS:7203) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Forest Products » Wang- Zheng Bhd (XKLS:7203) » Definitions » Change In Receivables

Comparable Companies

Traded in Other Exchanges

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Address

Number 1 Jalan Utarid U5/19, Section U5, Shah Alam, SGR, MYS, 40150

Website

https://www.wangzhengberhad.com

Wang- Zheng Bhd is an investment holding company. Through its subsidiaries, the company is involved in the manufacturing and processing of fiber-based products, which include disposable adult and baby diapers, sanitary protection and tissue products, cotton products, and processed papers. It has three segments, Processed Paper Products segment; which comprises of processed and distributed papers including wood-free paper and art paper; Disposable Fibre-Based products segment, which comprises of manufacture and distribution of a wide range of disposable adult and baby diapers, sanitary protection, tissue products, and cotton products; and Investment holding and others; which engages in investment holding and others.

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