XOX Technology Bhd (XKLS:0017) Change In Receivables : RM-25.8 Mil (TTM As of Dec. 2023)

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What is XOX Technology Bhd Change In Receivables?

XOX Technology Bhd's change in receivables for the quarter that ended in Dec. 2023 was RM8.8 Mil. It means XOX Technology Bhd's Accounts Receivable declined by RM8.8 Mil from Sep. 2023 to Dec. 2023 .

XOX Technology Bhd's change in receivables for the fiscal year that ended in Mar. 2023 was RM-12.2 Mil. It means XOX Technology Bhd's Accounts Receivable increased by RM12.2 Mil from Mar. 2022 to Mar. 2023 .

XOX Technology Bhd's Accounts Receivable for the quarter that ended in Dec. 2023 was RM62.8 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. XOX Technology Bhd's Days Sales Outstanding for the three months ended in Dec. 2023 was 123.36.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. XOX Technology Bhd's liquidation value for the three months ended in Dec. 2023 was RM7.8 Mil.

XOX Technology Bhd Change In Receivables Historical Data

The historical data trend for XOX Technology 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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XOX Technology Bhd Change In Receivables Chart

XOX Technology Bhd Annual Data

Trend

Jun12

Jun13

Jun14

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Jun17

Dec19

Mar21

Mar22

Mar23

Change In Receivables

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-8.12

1.72

-0.77

-12.17

XOX Technology Bhd Quarterly Data
	Mar18	Sep18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Change In Receivables	Get a 7-Day Free Trial															-9.97	2.34	-15.56	-21.43	8.81

XOX Technology 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-25.8 Mil.

XOX Technology Bhd (XKLS:0017) 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.

XOX Technology 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
=	62.799	/	46.451	*	91
=	123.36

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

XOX Technology 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)
=	21.344	-	60.67	+	0.75 * 62.799	+	0.5 * 0
=	7.8

XOX Technology Bhd Change In Receivables Related Terms

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XOX Technology Bhd (XKLS:0017) Business Description

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GURUFOCUS.COM » STOCK LIST » Communication Services » Telecommunication Services » XOX Technology Bhd (XKLS:0017) » Definitions » Change In Receivables

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Traded in Other Exchanges

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Address

Lot 17.1, 17th Floor, Menara Lien Hoe, No. 8, Persiaran Tropicana, Tropicana Golf and Country Resort, Petaling Jaya, SGR, MYS, 47410

Website

https://www.m3tech.com.my

XOX Technology Bhd, formerly M3 Technologies (Asia) Bhd is engaged in the provision of mobile value-added services. Business activity of the firm is operated through the region of Malaysia, Pakistan, United Arab Emirates - Dubai, and Other Countries of which Pakistan region accounts for a larger share of the revenue. The business activities function through Mobile Solutions; Cloud Services Solutions and Trading and Distribution business. It offers a range of mobile solutions and platforms, such as multimedia products, wireless access protocol (WAP) and Java 2 Micro Edition (J2ME) applications catering to all channels of its business, such as Business to Consumer, Business to Business and Business to Owner.

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