Padini Holdings Bhd (Padini Holdings Bhd) Receivables Turnover : 24.41 (As of Dec. 2023)

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What is Padini Holdings 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. Padini Holdings Bhd's Revenue for the three months ended in Dec. 2023 was $107.37 Mil. Padini Holdings Bhd's average Accounts Receivable for the three months ended in Dec. 2023 was $4.40 Mil. Hence, Padini Holdings Bhd's Receivables Turnover for the three months ended in Dec. 2023 was 24.41.

Padini Holdings Bhd Receivables Turnover Historical Data

The historical data trend for Padini Holdings 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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Padini Holdings Bhd Receivables Turnover Chart

Padini Holdings Bhd Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Receivables Turnover

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110.02

102.09

129.18

145.66

179.99

Padini Holdings Bhd Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Receivables Turnover	Get a 7-Day Free Trial															37.51	28.24	43.22	32.35	24.41

Competitive Comparison of Padini Holdings Bhd's Receivables Turnover

For the Apparel Retail subindustry, Padini Holdings 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.

Padini Holdings Bhd's Receivables Turnover Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Padini Holdings Bhd's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Padini Holdings Bhd's Receivables Turnover falls into.

Padini Holdings Bhd Receivables Turnover Calculation

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

Padini Holdings 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 )
=	393.54	/ (	(2.288	+	2.085)	/	2 )
=	393.54	/	2.1865
=	179.99

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

	Receivables Turnover (Q: Dec. 2023 )
=	Revenue	/	Average Total Inventories
=	Revenue (Q: Dec. 2023 )	/ (	(Accounts Receivable (Q: Sep. 2023 )	+	Accounts Receivable (Q: Dec. 2023 ))	/	count )
=	107.365	/ (	(3.04	+	5.757)	/	2 )
=	107.365	/	4.3985
=	24.41

Padini Holdings Bhd (OTCPK:PDNIF) 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.

Padini Holdings Bhd Receivables Turnover Related Terms

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Padini Holdings Bhd (Padini Holdings Bhd) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Padini Holdings Bhd (OTCPK:PDNIF) » Definitions » Receivables Turnover

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7052:Malaysia

Address

Number 19, Jalan Jurunilai U1/20, Hicom Glenmarie Industrial Park, Shah Alam, MYS, 40150

Website

https://corporate.padini.com.

Padini Holdings Bhd is a Malaysian investment holding company. The company and its subsidiaries are principally engaged in the retailing of the garments industry. The group has the following business segments: Investment holding; Apparel and footwear, and Management service. The company earns majority of its revenue from Apparel and footwear segment. These companies are the strategic business units of the Group. Vincci Ladies' Specialties Centre Sdn. Bhd, Padini Corporation Sdn. Bhd, Seed Corporation Sdn. Bhd, Yee Fong Hung (Malaysia) Sendirian Berhad, and Miki House Children's Wear Sdn. Bhd. Other operating segments comprise management services and investment holding. The business of the group is predominantly operated in Malaysia.

Padini Holdings Bhd (Padini Holdings Bhd) Headlines

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