GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Marine & General Bhd (XKLS:5078) » Definitions » Receivables Turnover

Marine & General Bhd (XKLS:5078) Receivables Turnover : 1.45 (As of Jan. 2024)


View and export this data going back to 2003. Start your Free Trial

What is Marine & General 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. Marine & General Bhd's Revenue for the three months ended in Jan. 2024 was RM88.4 Mil. Marine & General Bhd's average Accounts Receivable for the three months ended in Jan. 2024 was RM61.0 Mil. Hence, Marine & General Bhd's Receivables Turnover for the three months ended in Jan. 2024 was 1.45.

Marine & General Bhd Receivables Turnover Historical Data

The historical data trend for Marine & General 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.

Marine & General Bhd Receivables Turnover Chart

Marine & General Bhd Annual Data
Trend Jul11 Jul12 Jul13 Jul14 Dec16 Dec17 Apr20 Apr21 Apr22 Apr23
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.26 8.62 6.91 6.42 6.75

Marine & General Bhd Quarterly Data
Mar19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
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 1.21 1.52 1.46 1.58 1.45

Competitive Comparison of Marine & General Bhd's Receivables Turnover

For the Oil & Gas Equipment & Services subindustry, Marine & General 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.

Marine & General Bhd's Receivables Turnover Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Marine & General Bhd's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Marine & General Bhd's Receivables Turnover falls into.


Marine & General Bhd Receivables Turnover Calculation

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

Marine & General Bhd's Receivables Turnover for the fiscal year that ended in Apr. 2023 is calculated as

Receivables Turnover (A: Apr. 2023 )
=Revenue / Average Total Inventories
=Revenue (A: Apr. 2023 ) / ((Accounts Receivable (A: Apr. 2022 ) + Accounts Receivable (A: Apr. 2023 )) / count )
=307.284 / ((40.863 + 50.121) / 2 )
=307.284 / 45.492
=6.75

Marine & General Bhd's Receivables Turnover for the quarter that ended in Jan. 2024 is calculated as

Receivables Turnover (Q: Jan. 2024 )
=Revenue / Average Total Inventories
=Revenue (Q: Jan. 2024 ) / ((Accounts Receivable (Q: Oct. 2023 ) + Accounts Receivable (Q: Jan. 2024 )) / count )
=88.404 / ((50.267 + 71.657) / 2 )
=88.404 / 60.962
=1.45

* 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.

Marine & General Bhd  (XKLS:5078) 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.

Marine & General Bhd Receivables Turnover Related Terms

Thank you for viewing the detailed overview of Marine & General Bhd's Receivables Turnover provided by GuruFocus.com. Please click on the following links to see related term pages.

Marine & General Bhd (XKLS:5078) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Marine & General Bhd (XKLS:5078) » Definitions » Receivables Turnover
Comparable Companies
XKLS:5257 XKLS:0219 XKLS:0220 XKLS:5133 XKLS:5255 XKLS:5115 XKLS:7251 XKLS:7253 XKLS:7228 XKLS:5132 SLB HAL BKR MIL:TEN FTI SHSE:601808 NOV WFRD CHX ASX:WOR
Traded in Other Exchanges
N/A
Address
No. 1, Jalan Tun Mohd Fuad, Level 23, Plaza VADS, Taman Tun Dr Ismail, Kuala Lumpur, SGR, MYS, 60000
Website
https://www.marine-general.com.my
Marine & General Bhd is an investment holding company. Its operating segments include Marine Logistics - Upstream, which is the key revenue driver; and Marine Logistics - Downstream. Its business activities are the provision of vessel charter services serving the upstream oil and gas industry, the downstream oil and gas sector, and petroleum product tankers. The company generates the majority of its revenue from Malaysia.

Marine & General Bhd (XKLS:5078) Headlines

No Headlines