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AGX Group Bhd (XKLS:0299) Change In Receivables : RM13.4 Mil (TTM As of Dec. 2022)


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What is AGX Group Bhd Change In Receivables?

AGX Group Bhd's change in receivables for the quarter that ended in Dec. 2022 was RM13.4 Mil. It means AGX Group Bhd's Accounts Receivable declined by RM13.4 Mil from Dec. 2021 to Dec. 2022 .

AGX Group Bhd's change in receivables for the fiscal year that ended in Dec. 2022 was RM13.4 Mil. It means AGX Group Bhd's Accounts Receivable declined by RM13.4 Mil from Dec. 2021 to Dec. 2022 .

AGX Group Bhd's Accounts Receivable for the quarter that ended in Dec. 2022 was RM38.9 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. AGX Group Bhd's Days Sales Outstanding for the six months ended in Dec. 2022 was 30.26.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. AGX Group Bhd's liquidation value for the six months ended in Dec. 2022 was RM-0.4 Mil.

AGX Group Bhd Change In Receivables Historical Data

The historical data trend for AGX Group 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.

AGX Group Bhd Change In Receivables Chart

AGX Group Bhd Annual Data
Trend Dec20 Dec21 Dec22
Change In Receivables
-7.04 -15.98 13.43

AGX Group Bhd Semi-Annual Data
Dec20 Dec21 Dec22
Change In Receivables -7.04 -15.98 13.43

AGX Group 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.

For stock reported annually, GuruFocus uses latest annual data as the TTM data. Change In Receivables for the trailing twelve months (TTM) ended in Dec. 2022 was RM13.4 Mil.

* 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.

AGX Group Bhd  (XKLS:0299) 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.

AGX Group Bhd's Days Sales Outstanding for the quarter that ended in Dec. 2022 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=38.873/234.429*91
=30.26

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

AGX Group Bhd's liquidation value for the quarter that ended in Dec. 2022 is calculated as:

Liquidation Value
=Cash, Cash Equivalents, Marketable Securities-Total Liabilities+(0.75 * Accounts Receivable)+(0.5 * Total Inventories)
=13.216-42.797+0.75 * 38.873+0.5 * 0
=-0.4

* 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.

AGX Group Bhd Change In Receivables Related Terms

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AGX Group Bhd (XKLS:0299) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » AGX Group Bhd (XKLS:0299) » Definitions » Change In Receivables
Comparable Companies
Traded in Other Exchanges
N/A
Address
Jalan USJ 10/1A, Unit 1A-C and Unit 2A-C, 2nd Floor, Pusat Perniagaan USJ 10, UEP Subang Jaya, SGR, MYS, 47610
Website
https://www.agxlogistics.com
AGX Group Bhd is a logistics service provider. It is a 3PL service provider that comprises sea and air freight forwarding, aerospace logistics, warehousing and other 3PL, and road freight transportation services. It also provides services to assist senders or receivers in transporting their goods from the point of origin to their final destinations and has services in all the countries and has a physical presence, namely Malaysia, the Philippines, Korea, Myanmar, and Singapore. Its sea and air freight forwarding services are mostly concerned with organizing the transportation of cargo for our customers, starting from the point of origin and ending when the freight is delivered to its final destination. Sea and air freight forwarding services generate maximum revenue for the company.

AGX Group Bhd (XKLS:0299) Headlines

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