GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Guan Chong Bhd (XKLS:5102) » Definitions » Receivables Turnover

Guan Chong Bhd (XKLS:5102) Receivables Turnover : 2.16 (As of Mar. 2024)


View and export this data going back to 2005. Start your Free Trial

What is Guan Chong 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. Guan Chong Bhd's Revenue for the three months ended in Mar. 2024 was RM1,870 Mil. Guan Chong Bhd's average Accounts Receivable for the three months ended in Mar. 2024 was RM867 Mil. Hence, Guan Chong Bhd's Receivables Turnover for the three months ended in Mar. 2024 was 2.16.


Guan Chong Bhd Receivables Turnover Historical Data

The historical data trend for Guan Chong 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.

Guan Chong Bhd Receivables Turnover Chart

Guan Chong 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 9.27 11.28 11.57 11.29 11.90

Guan Chong 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 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 2.04 1.61 1.83 3.22 2.16

Competitive Comparison of Guan Chong Bhd's Receivables Turnover

For the Confectioners subindustry, Guan Chong 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.


Guan Chong Bhd's Receivables Turnover Distribution in the Consumer Packaged Goods Industry

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

* The bar in red indicates where Guan Chong Bhd's Receivables Turnover falls into.



Guan Chong Bhd Receivables Turnover Calculation

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

Guan Chong 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 )
=5320.841 / ((419.507 + 474.493) / 2 )
=5320.841 / 447
=11.90

Guan Chong 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 )
=1870.162 / ((474.493 + 1260.09) / 2 )
=1870.162 / 867.2915
=2.16

* 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.


Guan Chong Bhd  (XKLS:5102) 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.


Guan Chong Bhd Receivables Turnover Related Terms

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


Guan Chong Bhd (XKLS:5102) Business Description

Traded in Other Exchanges
N/A
Address
PLO 273, Jalan Timah 2, Kawasan Perindustrian, Pasir Gudang, JHR, MYS, 81700
Guan Chong Bhd is engaged in investment holding, manufacturing, distributing and trading in Cocoa butter, Cocoa Cake, Cocoa powder and Cocoa-derived food ingredients. Geographically, the Group operates in Malaysia, Singapore, Indonesia and Germany of which key revenue is derived from Singapore.

Guan Chong Bhd (XKLS:5102) Headlines

No Headlines