Oiltek International (SGX:HQU) Change In Receivables : S$-4.58 Mil (TTM As of Dec. 2023)

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What is Oiltek International Change In Receivables?

Oiltek International's change in receivables for the quarter that ended in Dec. 2023 was S$5.81 Mil. It means Oiltek International's Accounts Receivable declined by S$5.81 Mil from Jun. 2023 to Dec. 2023 .

Oiltek International's change in receivables for the fiscal year that ended in Dec. 2023 was S$-4.41 Mil. It means Oiltek International's Accounts Receivable increased by S$4.41 Mil from Dec. 2022 to Dec. 2023 .

Oiltek International's Accounts Receivable for the quarter that ended in Dec. 2023 was S$7.19 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. Oiltek International's Days Sales Outstanding for the six months ended in Dec. 2023 was 36.90.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Oiltek International's liquidation value for the six months ended in Dec. 2023 was S$9.76 Mil.

Oiltek International Change In Receivables Historical Data

The historical data trend for Oiltek International'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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Oiltek International Change In Receivables Chart

Oiltek International Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Receivables

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4.05

2.57

-3.10

1.46

-4.41

Oiltek International Semi-Annual Data
	Dec18	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Change In Receivables	Get a 7-Day Free Trial					-3.45	-5.89	7.21	-10.39	5.81

Oiltek International 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 semi-annually data reported by the company within the most recent 12 months, which was S$-4.58 Mil.

Oiltek International (SGX:HQU) 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.

Oiltek International's Days Sales Outstanding for the quarter that ended in Dec. 2023 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	7.193	/	35.572	*	91
=	36.90

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

Oiltek International'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)
=	37.881	-	33.6	+	0.75 * 7.193	+	0.5 * 0.164
=	9.76

Oiltek International Change In Receivables Related Terms

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Oiltek International (SGX:HQU) Business Description

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GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Oiltek International Ltd (SGX:HQU) » Definitions » Change In Receivables

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Address

Kawasan MIEL Phase 10, Lot 6, Jalan Pasaran 23/5, Section 23, Selangor Darul Ehsan, Shah Alam, SGR, MYS, 40300

Website

https://www.oiltek.com.my

Oiltek International Ltd is an integrated process technology and renewable energy solutions provider in the vegetable oils industry. It is engaged in the supply and provision of engineering design and commissioning of oil extraction equipment and plant. The company provides solutions that cater to all types of vegetable oils, including palm oil, soybean oil, and rapeseed oil, which are some of the major agricultural commodities in the world.

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