DPI Holdings Bhd (XKLS:0205) Receivables Turnover : 1.66 (As of Feb. 2024)

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What is DPI 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. DPI Holdings Bhd's Revenue for the three months ended in Feb. 2024 was RM11.88 Mil. DPI Holdings Bhd's average Accounts Receivable for the three months ended in Feb. 2024 was RM7.14 Mil. Hence, DPI Holdings Bhd's Receivables Turnover for the three months ended in Feb. 2024 was 1.66.

DPI Holdings Bhd Receivables Turnover Historical Data

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

DPI Holdings Bhd Annual Data

Trend

May16

May17

May18

May19

May20

May21

May22

May23

Receivables Turnover

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5.49

4.85

7.39

6.22

6.82

DPI Holdings Bhd Quarterly Data
	May19	Aug19	Nov19	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23	Feb24
Receivables Turnover	Get a 7-Day Free Trial															1.41	1.66	1.76	1.77	1.66

Competitive Comparison of DPI Holdings Bhd's Receivables Turnover

For the Specialty Chemicals subindustry, DPI 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.

DPI Holdings Bhd's Receivables Turnover Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, DPI Holdings Bhd's Receivables Turnover distribution charts can be found below:

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

DPI Holdings Bhd Receivables Turnover Calculation

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

DPI Holdings Bhd's Receivables Turnover for the fiscal year that ended in May. 2023 is calculated as

	Receivables Turnover (A: May. 2023 )
=	Revenue	/	Average Total Inventories
=	Revenue (A: May. 2023 )	/ (	(Accounts Receivable (A: May. 2022 )	+	Accounts Receivable (A: May. 2023 ))	/	count )
=	51.651	/ (	(7.135	+	8.003)	/	2 )
=	51.651	/	7.569
=	6.82

DPI Holdings Bhd's Receivables Turnover for the quarter that ended in Feb. 2024 is calculated as

	Receivables Turnover (Q: Feb. 2024 )
=	Revenue	/	Average Total Inventories
=	Revenue (Q: Feb. 2024 )	/ (	(Accounts Receivable (Q: Nov. 2023 )	+	Accounts Receivable (Q: Feb. 2024 ))	/	count )
=	11.879	/ (	(8.06	+	6.211)	/	2 )
=	11.879	/	7.1355
=	1.66

DPI Holdings Bhd (XKLS:0205) 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.

DPI Holdings Bhd Receivables Turnover Related Terms

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DPI Holdings Bhd (XKLS:0205) Business Description

Industry

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Address

K69, Jalan Perindustrian 6, Kawasan Perindustrian Tanjung Agas, Kesang, Tangkak, JHR, MYS, 84000

Website

http://www.dpiaerosol.com

DPI Holdings Bhd is an investment holding company. The company's operating segment includes Aerosol products; Solvents and thinners and others. It generates maximum revenue from the Aerosol products segment. The aerosol products segment is involved in the business of development, manufacturing, and distribution of aerosol products. Solvents and thinners segment is involved in the business of trading solvents and thinners. Geographically, it derives a majority of revenue from Malaysia and also has an international presence.

DPI Holdings Bhd (XKLS:0205) Headlines

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