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PPB Group Bhd (XKLS:4065) Receivables Turnover : 2.01 (As of Dec. 2023)


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What is PPB Group 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. PPB Group Bhd's Revenue for the three months ended in Dec. 2023 was RM1,262 Mil. PPB Group Bhd's average Accounts Receivable for the three months ended in Dec. 2023 was RM628 Mil. Hence, PPB Group Bhd's Receivables Turnover for the three months ended in Dec. 2023 was 2.01.


PPB Group Bhd Receivables Turnover Historical Data

The historical data trend for PPB Group 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.

* Premium members only.

PPB Group Bhd Receivables Turnover Chart

PPB Group Bhd Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 6.77 6.92 7.09 8.07 8.02

PPB Group Bhd Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Receivables Turnover 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 2.03 1.99 2.19 2.29 2.01

Competitive Comparison of PPB Group Bhd's Receivables Turnover

For the Farm Products subindustry, PPB Group 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.


PPB Group Bhd's Receivables Turnover Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, PPB Group Bhd's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where PPB Group Bhd's Receivables Turnover falls into.



PPB Group Bhd Receivables Turnover Calculation

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

PPB Group Bhd's Receivables Turnover for the fiscal year that ended in Dec. 2023 is calculated as

Receivables Turnover (A: Dec. 2023 )
=Revenue / Average Total Inventories
=Revenue (A: Dec. 2023 ) / ((Accounts Receivable (A: Dec. 2022 ) + Accounts Receivable (A: Dec. 2023 )) / count )
=5720.693 / ((809.185 + 618.133) / 2 )
=5720.693 / 713.659
=8.02

PPB Group Bhd's Receivables Turnover for the quarter that ended in Dec. 2023 is calculated as

Receivables Turnover (Q: Dec. 2023 )
=Revenue / Average Total Inventories
=Revenue (Q: Dec. 2023 ) / ((Accounts Receivable (Q: Sep. 2023 ) + Accounts Receivable (Q: Dec. 2023 )) / count )
=1262.49 / ((638.288 + 618.133) / 2 )
=1262.49 / 628.2105
=2.01

* 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.


PPB Group Bhd  (XKLS:4065) 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.


PPB Group Bhd Receivables Turnover Related Terms

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PPB Group Bhd (XKLS:4065) Business Description

Traded in Other Exchanges
N/A
Address
10 Jalan P. Ramlee, 12th Floor, UBN Tower, Kuala Lumpur, SGR, MYS, 50250
PPB Group Bhd is a diversified company working in food and waste management, film distribution, and property development. The company operates flour and animal feed mills, trades grains, and conducts livestock farming across Asia. Its operating segments comprise Grains and agribusiness; Consumer products; Film exhibition and distribution; Environmental engineering and utilities; Property and Other operations. It derives the majority of its revenue from Grains and agribusiness.

PPB Group Bhd (XKLS:4065) Headlines

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