Advance Packaging Technology (M) Bhd (XKLS:9148) Change In Receivables : RM-3.85 Mil (TTM As of Mar. 2024)

View and export this data going back to 1994. Start your Free Trial

What is Advance Packaging Technology (M) Bhd Change In Receivables?

Advance Packaging Technology (M) Bhd's change in receivables for the quarter that ended in Mar. 2024 was RM-1.36 Mil. It means Advance Packaging Technology (M) Bhd's Accounts Receivable increased by RM1.36 Mil from Sep. 2023 to Mar. 2024 .

Advance Packaging Technology (M) Bhd's change in receivables for the fiscal year that ended in Dec. 2022 was RM4.20 Mil. It means Advance Packaging Technology (M) Bhd's Accounts Receivable declined by RM4.20 Mil from Dec. 2021 to Dec. 2022 .

Advance Packaging Technology (M) Bhd's Accounts Receivable for the quarter that ended in Mar. 2024 was RM6.74 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. Advance Packaging Technology (M) Bhd's Days Sales Outstanding for the three months ended in Mar. 2024 was 72.74.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Advance Packaging Technology (M) Bhd's liquidation value for the three months ended in Mar. 2024 was RM-13.43 Mil.

Advance Packaging Technology (M) Bhd Change In Receivables Historical Data

The historical data trend for Advance Packaging Technology (M) 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.

Advance Packaging Technology (M) Bhd Change In Receivables Chart

Advance Packaging Technology (M) Bhd Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Change In Receivables

Get a 7-Day Free Trial

0.33

-0.85

-0.24

-5.37

4.20

Advance Packaging Technology (M) Bhd Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Mar24
Change In Receivables	Get a 7-Day Free Trial															7.35	0.79	0.27	-2.76	-1.36

Advance Packaging Technology (M) 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-3.85 Mil.

Advance Packaging Technology (M) Bhd (XKLS:9148) 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.

Advance Packaging Technology (M) 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
=	6.742	/	8.458	*	91
=	72.74

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

Advance Packaging Technology (M) 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)
=	1.486	-	21.884	+	0.75 * 6.742	+	0.5 * 3.82
=	-13.43

Advance Packaging Technology (M) Bhd Change In Receivables Related Terms

Thank you for viewing the detailed overview of Advance Packaging Technology (M) Bhd's Change In Receivables provided by GuruFocus.com. Please click on the following links to see related term pages.

Advance Packaging Technology (M) Bhd (XKLS:9148) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Packaging & Containers » Advance Packaging Technology (M) Bhd (XKLS:9148) » Definitions » Change In Receivables

Comparable Companies

Traded in Other Exchanges

N/A

Address

Lot 2, Jalan P/2A, Kawasan MIEL, Bangi Industrial Estate, Bandar Baru Bangi, SGR, MYS, 43650

Website

https://www.advancedpack.com.my

Advance Packaging Technology (M) Bhd is principally engaged in the manufacturing and distribution of flexible packaging materials in Malaysia. The company produces flexible packaging materials catering to a wide cross-section of industries in both the local and overseas markets such as snack foods, Instant noodles, sweets and confectionery, liquid condiments, frozen foods, spices, beverages, medical/surgical products, pharmaceuticals, and others. Geographically, it generates the majority revenue from Malaysia and also has an operation in Mauritius, Hong Kong, and Brunei.

Advance Packaging Technology (M) Bhd (XKLS:9148) Headlines

No Headlines