Bintulu Port Holdings Bhd (XKLS:5032) Receivables Turnover : 2.72 (As of Mar. 2024)

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What is Bintulu Port 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. Bintulu Port Holdings Bhd's Revenue for the three months ended in Mar. 2024 was RM209.0 Mil. Bintulu Port Holdings Bhd's average Accounts Receivable for the three months ended in Mar. 2024 was RM76.8 Mil. Hence, Bintulu Port Holdings Bhd's Receivables Turnover for the three months ended in Mar. 2024 was 2.72.

Bintulu Port Holdings Bhd Receivables Turnover Historical Data

The historical data trend for Bintulu Port 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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Bintulu Port Holdings Bhd Receivables Turnover Chart

Bintulu Port Holdings Bhd Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Receivables Turnover

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19.50

17.67

19.71

18.41

16.81

Bintulu Port Holdings 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															3.11	2.53	2.62	3.27	2.72

Competitive Comparison of Bintulu Port Holdings Bhd's Receivables Turnover

For the Marine Shipping subindustry, Bintulu Port 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.

Bintulu Port Holdings Bhd's Receivables Turnover Distribution in the Transportation Industry

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

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

Bintulu Port Holdings Bhd Receivables Turnover Calculation

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

Bintulu Port Holdings Bhd's Receivables Turnover for the fiscal year that ended in Dec. 2023 is calculated as

	Receivables Turnover (A: Dec. 2023 )
=	Revenue	/	Average Total Inventories
=	Revenue (A: Dec. 2023 )	/ (	(Accounts Receivable (A: Dec. 2022 )	+	Accounts Receivable (A: Dec. 2023 ))	/	count )
=	746.198	/ (	(46.993	+	41.798)	/	2 )
=	746.198	/	44.3955
=	16.81

Bintulu Port Holdings 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 )
=	208.958	/ (	(41.798	+	111.721)	/	2 )
=	208.958	/	76.7595
=	2.72

Bintulu Port Holdings Bhd (XKLS:5032) 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.

Bintulu Port Holdings Bhd Receivables Turnover Related Terms

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Bintulu Port Holdings Bhd (XKLS:5032) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Bintulu Port Holdings Bhd (XKLS:5032) » Definitions » Receivables Turnover

Traded in Other Exchanges

N/A

Address

12th Mile, Tanjung Kidurong Road, Lot 15, Block 20, P.O. Box 996, Kemena Land District, Bintulu, MYS, 97008

Website

https://www.bintuluport.com.my

Bintulu Port Holdings Bhd provides port services at Bintulu Port. It operates in two segments: Port operations and Bulking services. The Port segment includes the construction of port facilities, handling of cargo for LNG, petroleum products, general cargo, container, and other ancillary services, whereas Bulking services provide bulking installation facilities for palm oil, edible oils and its by-products. It generates maximum revenue from the Port operations segment. Geographically, it derives revenue from the Malaysia region.

Bintulu Port Holdings Bhd (XKLS:5032) Headlines

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