Minetech Resources Bhd (XKLS:7219) Receivables Turnover : 0.64 (As of Dec. 2023)

Minetech Resources Bhd Receivables Turnover Chart

Minetech Resources Bhd Annual Data
	Trend	Dec11	Dec12	Dec13	Mar16	Mar17	Mar18	Mar19	Mar20	Mar21	Mar22
Receivables Turnover		Get a 7-Day Free Trial					4.80	4.31	2.56	4.02	3.19

Minetech Resources Bhd Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Jun23	Sep23	Dec23
Receivables Turnover	Get a 7-Day Free Trial															0.71	0.79	0.51	0.60	0.64

Competitive Comparison of Minetech Resources Bhd's Receivables Turnover

For the Building Materials subindustry, Minetech Resources 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.

Minetech Resources Bhd's Receivables Turnover Distribution in the Building Materials Industry

For the Building Materials industry and Basic Materials sector, Minetech Resources Bhd's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Minetech Resources Bhd's Receivables Turnover falls into.

Minetech Resources Bhd Receivables Turnover Calculation

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

Minetech Resources Bhd's Receivables Turnover for the fiscal year that ended in Mar. 2022 is calculated as

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

* 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.

Minetech Resources Bhd  (XKLS:7219) 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.

Minetech Resources Bhd Receivables Turnover Related Terms

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

Minetech Resources Bhd (XKLS:7219) Business Description