Boustead Holdings Bhd (XKLS:2771) Receivables Turnover : 2.43 (As of Mar. 2023)

View and export this data going back to 1961. Start your Free Trial

What is Boustead 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. Boustead Holdings Bhd's Revenue for the three months ended in Mar. 2023 was RM3,238 Mil. Boustead Holdings Bhd's average Accounts Receivable for the three months ended in Mar. 2023 was RM1,330 Mil. Hence, Boustead Holdings Bhd's Receivables Turnover for the three months ended in Mar. 2023 was 2.43.

Boustead Holdings Bhd Receivables Turnover Historical Data

The historical data trend for Boustead 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.

* Premium members only.

Boustead Holdings Bhd Receivables Turnover Chart

Boustead Holdings Bhd Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Receivables Turnover

Get a 7-Day Free Trial

7.08

15.29

13.30

14.88

14.74

Boustead Holdings Bhd Quarterly Data
	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23
Receivables Turnover	Get a 7-Day Free Trial															2.76	2.30	1.83	2.54	2.43

Competitive Comparison of Boustead Holdings Bhd's Receivables Turnover

For the Conglomerates subindustry, Boustead 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.

Boustead Holdings Bhd's Receivables Turnover Distribution in the Conglomerates Industry

For the Conglomerates industry and Industrials sector, Boustead Holdings Bhd's Receivables Turnover distribution charts can be found below:

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

Boustead Holdings Bhd Receivables Turnover Calculation

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

Boustead Holdings Bhd's Receivables Turnover for the fiscal year that ended in Dec. 2022 is calculated as

	Receivables Turnover (A: Dec. 2022 )
=	Revenue	/	Average Total Inventories
=	Revenue (A: Dec. 2022 )	/ (	(Accounts Receivable (A: Dec. 2021 )	+	Accounts Receivable (A: Dec. 2022 ))	/	count )
=	15109.2	/ (	(946.5	+	1103.2)	/	2 )
=	15109.2	/	1024.85
=	14.74

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

	Receivables Turnover (Q: Mar. 2023 )
=	Revenue	/	Average Total Inventories
=	Revenue (Q: Mar. 2023 )	/ (	(Accounts Receivable (Q: Dec. 2022 )	+	Accounts Receivable (Q: Mar. 2023 ))	/	count )
=	3237.5	/ (	(1103.2	+	1557.1)	/	2 )
=	3237.5	/	1330.15
=	2.43

Boustead Holdings Bhd (XKLS:2771) 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.

Boustead Holdings Bhd Receivables Turnover Related Terms

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

Boustead Holdings Bhd (XKLS:2771) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Conglomerates » Boustead Holdings Bhd (XKLS:2771) » Definitions » Receivables Turnover

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 10, Jalan PJU 7/6, Level 23, The Bousteador, Mutiara Damansara, Petaling Jaya, SGR, MYS, 47800

Website

https://www.boustead.com.my

Boustead Holdings Bhd is a conglomerate. The company operates in six segments. The plantation division primarily involves the planting of oil palm and processing of crude palm oil. The heavy industries division primarily involves shipbuilding, fabrication of offshore structures, and vessel restoration and maintenance. The Property and Industrial Division division primarily involves real estate development and leasing, as well as hotel operation. The pharmaceutical division manufactures, trades, and markets pharmaceutical products. The trading and industrial division operates a petrol station network and manufactures and trades building materials.

Boustead Holdings Bhd (XKLS:2771) Headlines

No Headlines