Mudajaya Group Bhd (XKLS:5085) Receivables Turnover : 0.12 (As of Mar. 2024)

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What is Mudajaya 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. Mudajaya Group Bhd's Revenue for the three months ended in Mar. 2024 was RM80.5 Mil. Mudajaya Group Bhd's average Accounts Receivable for the three months ended in Mar. 2024 was RM687.1 Mil. Hence, Mudajaya Group Bhd's Receivables Turnover for the three months ended in Mar. 2024 was 0.12.

Mudajaya Group Bhd Receivables Turnover Historical Data

The historical data trend for Mudajaya 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.

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Mudajaya Group Bhd Receivables Turnover Chart

Mudajaya Group Bhd Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Receivables Turnover

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3.04

3.87

2.24

1.59

1.25

Mudajaya Group Bhd Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Receivables Turnover	Get a 7-Day Free Trial															0.20	0.17	0.17	0.19	0.12

Competitive Comparison of Mudajaya Group Bhd's Receivables Turnover

For the Engineering & Construction subindustry, Mudajaya 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.

Mudajaya Group Bhd's Receivables Turnover Distribution in the Construction Industry

For the Construction industry and Industrials sector, Mudajaya Group Bhd's Receivables Turnover distribution charts can be found below:

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

Mudajaya Group Bhd Receivables Turnover Calculation

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

Mudajaya 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 )
=	460.701	/ (	(296.193	+	438.585)	/	2 )
=	460.701	/	367.389
=	1.25

Mudajaya Group 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 )
=	80.495	/ (	(438.585	+	935.637)	/	2 )
=	80.495	/	687.111
=	0.12

Mudajaya Group Bhd (XKLS:5085) 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.

Mudajaya Group Bhd Receivables Turnover Related Terms

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Mudajaya Group Bhd (XKLS:5085) Business Description

Industry

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Comparable Companies

Traded in Other Exchanges

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Address

Number 12A, Jalan PJU 7/3, PH1, Menara Mudajaya, Mutiara Damansara, Petaling Jaya, MYS, 47810

Website

https://www.mudajaya.com

Mudajaya Group Bhd along with its subsidiaries, the firm operates in four reportable segments including Construction contracts, Property, Power, Trading, and manufacturing. The construction contracts segment is engaged in undertaking engineering, construction works, and equipment procurement. The property segment develops residential and commercial properties. The power segment is engaged in the sale of power energy. And Trading and manufacturing segment is engaged in the sales and manufacturing of construction-related products. It operates in Malaysia, Indonesia, India, the Republic of Mauritius, and Negara Brunei Darussalam. The company generates the majority of its revenue from the Construction contracts segment.

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