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Seacera Group Bhd (XKLS:7073) Receivables Turnover : 0.32 (As of Mar. 2024)


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What is Seacera 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. Seacera Group Bhd's Revenue for the three months ended in Mar. 2024 was RM13.81 Mil. Seacera Group Bhd's average Accounts Receivable for the three months ended in Mar. 2024 was RM43.46 Mil. Hence, Seacera Group Bhd's Receivables Turnover for the three months ended in Mar. 2024 was 0.32.


Seacera Group Bhd Receivables Turnover Historical Data

The historical data trend for Seacera 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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Seacera Group Bhd Receivables Turnover Chart

Seacera Group Bhd Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Jun19 Jun20 Jun21 Jun22 Jun23
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only - 0.06 0.24 8.42 3.53

Seacera 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 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 0.76 0.72 0.69 0.29 0.32

Competitive Comparison of Seacera Group Bhd's Receivables Turnover

For the Building Products & Equipment subindustry, Seacera 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.


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

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

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



Seacera Group Bhd Receivables Turnover Calculation

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

Seacera Group 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 )
=52.059 / ((16.219 + 13.255) / 2 )
=52.059 / 14.737
=3.53

Seacera 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 )
=13.806 / ((41.88 + 45.034) / 2 )
=13.806 / 43.457
=0.32

* 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.


Seacera Group Bhd  (XKLS:7073) 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.


Seacera Group Bhd Receivables Turnover Related Terms

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Seacera Group Bhd (XKLS:7073) Business Description

Traded in Other Exchanges
N/A
Address
6B, Persiaran Tropicana, DF2-11-01, Unit 1, Level 11, Persoft Tower, Tropicana Golf and Country Resort, Petaling Jaya, SGR, MYS, 47410
Seacera Group Bhd is engaged in trading of building materials. The company operates in two segments namely, Trading that engages in trading of building materials, tiles products, personal protective equipment products, food and beverages; and Property development and construction. The majority of revenue gets derived from the Trading segment in which a substantial part of revenue is generated from trading of building materials.

Seacera Group Bhd (XKLS:7073) Headlines

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