Apex Healthcare Bhd (XKLS:7090) Change In Receivables : RM-6.7 Mil (TTM As of Mar. 2024)

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What is Apex Healthcare Bhd Change In Receivables?

Apex Healthcare Bhd's change in receivables for the quarter that ended in Mar. 2024 was RM-9.0 Mil. It means Apex Healthcare Bhd's Accounts Receivable increased by RM9.0 Mil from Dec. 2023 to Mar. 2024 .

Apex Healthcare Bhd's change in receivables for the fiscal year that ended in Dec. 2023 was RM-13.0 Mil. It means Apex Healthcare Bhd's Accounts Receivable increased by RM13.0 Mil from Dec. 2022 to Dec. 2023 .

Apex Healthcare Bhd's Accounts Receivable for the quarter that ended in Mar. 2024 was RM201.4 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. Apex Healthcare Bhd's Days Sales Outstanding for the three months ended in Mar. 2024 was 74.04.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Apex Healthcare Bhd's liquidation value for the three months ended in Mar. 2024 was RM404.6 Mil.

Apex Healthcare Bhd Change In Receivables Historical Data

The historical data trend for Apex Healthcare 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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Apex Healthcare Bhd Change In Receivables Chart

Apex Healthcare Bhd Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Receivables

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-1.37

25.13

-30.59

-19.21

-13.02

Apex Healthcare Bhd Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Sep23	Dec23	Mar24
Change In Receivables	Get a 7-Day Free Trial															6.55	-28.44	-	2.31	-9.00

Apex Healthcare 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 RM-6.7 Mil.

Apex Healthcare Bhd (XKLS:7090) 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.

Apex Healthcare 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
=	201.364	/	248.178	*	91
=	74.04

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

Apex Healthcare 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)
=	386.019	-	200.732	+	0.75 * 201.364	+	0.5 * 136.576
=	404.6

Apex Healthcare Bhd Change In Receivables Related Terms

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Apex Healthcare Bhd (XKLS:7090) Business Description

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GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Distribution » Apex Healthcare Bhd (XKLS:7090) » Definitions » Change In Receivables

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Traded in Other Exchanges

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Address

1-5 Jalan TTC 1, Cheng Industrial Estate, Melaka, MLA, MYS, 75250

Website

https://www.apexhealthcare.com.my

Apex Healthcare Bhd is an investment holding company for a group of companies engaged in the development, manufacturing, marketing, and distribution of pharmaceuticals, diagnostics, consumer healthcare products, and orthopedic devices. It has direct operations in Malaysia, Singapore and Others. The company has two manufacturing plants in Melaka and Penang. It has three segments: Manufacturing and marketing of pharmaceutical products; Wholesale and distribution of pharmaceutical and healthcare products; and Corporate comprising investments, properties, and others.

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