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Leon Fuat Bhd (XKLS:5232) Receivables Turnover : 0.97 (As of Dec. 2023)


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What is Leon Fuat 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. Leon Fuat Bhd's Revenue for the three months ended in Dec. 2023 was RM240.6 Mil. Leon Fuat Bhd's average Accounts Receivable for the three months ended in Dec. 2023 was RM246.9 Mil. Hence, Leon Fuat Bhd's Receivables Turnover for the three months ended in Dec. 2023 was 0.97.

Leon Fuat Bhd Receivables Turnover Historical Data

The historical data trend for Leon Fuat 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.

Leon Fuat Bhd Receivables Turnover Chart

Leon Fuat Bhd Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.80 3.30 3.89 4.02 3.70

Leon Fuat 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.93 0.92 0.87 0.98 0.97

Competitive Comparison of Leon Fuat Bhd's Receivables Turnover

For the Steel subindustry, Leon Fuat 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.

Leon Fuat Bhd's Receivables Turnover Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Leon Fuat Bhd's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Leon Fuat Bhd's Receivables Turnover falls into.


Leon Fuat Bhd Receivables Turnover Calculation

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

Leon Fuat 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 )
=928.045 / ((249.971 + 251.015) / 2 )
=928.045 / 250.493
=3.70

Leon Fuat 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 )
=240.569 / ((242.728 + 251.015) / 2 )
=240.569 / 246.8715
=0.97

* 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.

Leon Fuat Bhd  (XKLS:5232) 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.

Leon Fuat Bhd Receivables Turnover Related Terms

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Leon Fuat Bhd (XKLS:5232) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Leon Fuat Bhd (XKLS:5232) » Definitions » Receivables Turnover
Comparable Companies
XKLS:5797 XKLS:5178 XKLS:5021 XKLS:5192 XKLS:5098 XKLS:9873 XKLS:7217 XKLS:4235 XKLS:0211 XKLS:0288 NUE XKRX:005490 BOM:500228 TSE:5401 SHSE:600019 XAMS:MT NSE:TATASTEEL STLD RS MIC:CHMF
Traded in Other Exchanges
N/A
Address
Wisma Leon Fuat, No. 11, Lorong Keluli 1B, Seksyen 7, Kawasan Perindustrian Bukit Raja Selatan, Shah Alam, SGR, MYS, 40000
Website
https://www.leonfuat.com.my
Leon Fuat Bhd is engaged in the provision of management services through its subsidiaries. It operates through three segments: Trading of Steel Products, Processing and/or manufacturing of Steel Products, and Others. It mainly involves the buying and selling of flat and long steel products and also offers value-added services to flat and long steel products in the form of cutting, leveling, shearing, profiling, bending, and finishing as well as the production of expanded metal and Other segment includes steel materials such as tool steel and non-ferrous metal products such as bronze, brass, aluminum, and copper. It operates in two geographical areas; Malaysia and the Republic of Singapore.

Leon Fuat Bhd (XKLS:5232) Headlines

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