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Syarikat Takaful Malaysia Keluarga Bhd (Syarikat Takaful Malaysia Keluarga Bhd) Change In Receivables : $-4,009.0 Mil (TTM As of Mar. 2024)


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What is Syarikat Takaful Malaysia Keluarga Bhd Change In Receivables?

Syarikat Takaful Malaysia Keluarga Bhd's change in receivables for the quarter that ended in Mar. 2024 was $-28.9 Mil. It means Syarikat Takaful Malaysia Keluarga Bhd's Accounts Receivable increased by $28.9 Mil from Dec. 2023 to Mar. 2024 .

Syarikat Takaful Malaysia Keluarga Bhd's change in receivables for the fiscal year that ended in Dec. 2023 was $-331.7 Mil. It means Syarikat Takaful Malaysia Keluarga Bhd's Accounts Receivable increased by $331.7 Mil from Dec. 2022 to Dec. 2023 .

Syarikat Takaful Malaysia Keluarga Bhd's Accounts Receivable for the quarter that ended in Mar. 2024 was $0.0 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. Syarikat Takaful Malaysia Keluarga Bhd's Days Sales Outstanding for the three months ended in Mar. 2024 was 0.00.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Syarikat Takaful Malaysia Keluarga Bhd's liquidation value for the three months ended in Mar. 2024 was $-2,722.9 Mil.


Syarikat Takaful Malaysia Keluarga Bhd Change In Receivables Historical Data

The historical data trend for Syarikat Takaful Malaysia Keluarga 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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Syarikat Takaful Malaysia Keluarga Bhd Change In Receivables Chart

Syarikat Takaful Malaysia Keluarga Bhd Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Change In Receivables
Get a 7-Day Free Trial Premium Member Only Premium Member Only -322.34 -4.54 61.96 366.06 -331.71

Syarikat Takaful Malaysia Keluarga Bhd Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Change In Receivables Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -263.15 -347,935.75 343,958.13 -2.45 -28.94

Syarikat Takaful Malaysia Keluarga 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 $-4,009.0 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.


Syarikat Takaful Malaysia Keluarga Bhd  (OTCPK:SYKXF) 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.

Syarikat Takaful Malaysia Keluarga 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
=0/135.61*91
=0.00

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

Syarikat Takaful Malaysia Keluarga 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)
=140.498-2863.352+0.75 * 0+0.5 * 0
=-2,722.9

* 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.


Syarikat Takaful Malaysia Keluarga Bhd Change In Receivables Related Terms

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Syarikat Takaful Malaysia Keluarga Bhd (Syarikat Takaful Malaysia Keluarga Bhd) Business Description

Traded in Other Exchanges
Address
No. 4, Jalan Sultan Sulaiman, Tingkat 14, Block Annexe, Menara Takafu, Kuala Lumpur, SGR, MYS, 50000
Syarikat Takaful Malaysia Keluarga Bhd is a takaful insurance provider in Malaysia and Indonesia. Like insurance, takaful protects participants from loss, but unlike traditional insurance, it adheres to a business model that conforms to Islamic religious law. The company's business includes participants who pool their money into a Participant Risk Fund, which then has funds available to disburse when a participant is facing a loss. For managing the takaful fund, the company receives a service fee on participant contributions. Syarikat Takaful Malaysia manages family and general takaful businesses, which include medical, motor, and home takaful. The vast majority of the company's revenue comes from customers in Malaysia.

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