DS Sigma Holdings Bhd (XKLS:0269) Receivables Turnover : 1.45 (As of Mar. 2024)

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What is DS Sigma Holdings Bhd Receivables Turnover?

The Receivables Turnover ratio measures the number of times a company collects its average accounts receivable balance. It is calculated as Revenue divided by average Accounts Receivable. An efficient company has a higher accounts receivable turnover ratio while an inefficient company has a lower ratio. DS Sigma Holdings Bhd's Revenue for the three months ended in Mar. 2024 was RM22.49 Mil. DS Sigma Holdings Bhd's average Accounts Receivable for the three months ended in Mar. 2024 was RM15.55 Mil. Hence, DS Sigma Holdings Bhd's Receivables Turnover for the three months ended in Mar. 2024 was 1.45.

DS Sigma Holdings Bhd Receivables Turnover Historical Data

The historical data trend for DS Sigma Holdings Bhd's Receivables Turnover 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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DS Sigma Holdings Bhd Receivables Turnover Chart

DS Sigma Holdings Bhd Annual Data

Trend

Jun19

Jun20

Jun21

Jun22

Jun23

Receivables Turnover

10.42

7.76

8.38

6.50

5.40

DS Sigma Holdings Bhd Quarterly Data
	Jun19	Jun20	Jun21	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Receivables Turnover	Get a 7-Day Free Trial						1.56	1.58	1.65	1.37	1.45

Competitive Comparison of DS Sigma Holdings Bhd's Receivables Turnover

For the Packaging & Containers subindustry, DS Sigma Holdings Bhd's Receivables Turnover, along with its competitors' market caps and Receivables Turnover data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

DS Sigma Holdings Bhd's Receivables Turnover Distribution in the Packaging & Containers Industry

For the Packaging & Containers industry and Consumer Cyclical sector, DS Sigma Holdings Bhd's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where DS Sigma Holdings Bhd's Receivables Turnover falls into.

DS Sigma Holdings Bhd Receivables Turnover Calculation

Receivables Turnover measures the number of times a company collects its average accounts receivable balance.

DS Sigma Holdings Bhd's Receivables Turnover for the fiscal year that ended in Jun. 2023 is calculated as

	Receivables Turnover (A: Jun. 2023 )
=	Revenue	/	Average Total Inventories
=	Revenue (A: Jun. 2023 )	/ (	(Accounts Receivable (A: Jun. 2022 )	+	Accounts Receivable (A: Jun. 2023 ))	/	count )
=	82.342	/ (	(18.759	+	11.762)	/	2 )
=	82.342	/	15.2605
=	5.40

DS Sigma Holdings Bhd's Receivables Turnover for the quarter that ended in Mar. 2024 is calculated as

	Receivables Turnover (Q: Mar. 2024 )
=	Revenue	/	Average Total Inventories
=	Revenue (Q: Mar. 2024 )	/ (	(Accounts Receivable (Q: Dec. 2023 )	+	Accounts Receivable (Q: Mar. 2024 ))	/	count )
=	22.488	/ (	(14.408	+	16.682)	/	2 )
=	22.488	/	15.545
=	1.45

DS Sigma Holdings Bhd (XKLS:0269) Receivables Turnover Explanation

An efficient company has a higher accounts receivable turnover ratio while an inefficient company has a lower ratio. This metric is commonly used to compare companies within the same industry to check whether they are on par with their competitors.

DS Sigma Holdings Bhd Receivables Turnover Related Terms

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DS Sigma Holdings Bhd (XKLS:0269) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Packaging & Containers » DS Sigma Holdings Bhd (XKLS:0269) » Definitions » Receivables Turnover

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 36, Jalan BP 5/6, Bandar Bukit Puchong, Puchong, SGR, MYS, 47100

Website

https://www.dssigma.com.my

DS Sigma Holdings Bhd is a total packaging solutions provider in Malaysia. It is principally involved in the manufacturing of corrugated paper packaging products including cartons, protective packaging and paper pallets as well as supply of non-paper based protective packaging products such as plastic, foam and rubber products.

DS Sigma Holdings Bhd (XKLS:0269) Headlines

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