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UPA Bhd (XKLS:7757) Receivables Turnover : 0.76 (As of Mar. 2024)


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What is UPA 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. UPA Bhd's Revenue for the three months ended in Mar. 2024 was RM26.5 Mil. UPA Bhd's average Accounts Receivable for the three months ended in Mar. 2024 was RM35.0 Mil. Hence, UPA Bhd's Receivables Turnover for the three months ended in Mar. 2024 was 0.76.


UPA Bhd Receivables Turnover Historical Data

The historical data trend for UPA 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.

UPA Bhd Receivables Turnover Chart

UPA 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 3.25 2.93 4.02 3.75 3.60

UPA 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 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 0.80 0.85 0.92 1.20 0.76

Competitive Comparison of UPA Bhd's Receivables Turnover

For the Conglomerates subindustry, UPA 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.


UPA Bhd's Receivables Turnover Distribution in the Conglomerates Industry

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

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



UPA Bhd Receivables Turnover Calculation

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

UPA 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 )
=149.906 / ((44.207 + 39.118) / 2 )
=149.906 / 41.6625
=3.60

UPA 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 )
=26.527 / ((39.118 + 30.813) / 2 )
=26.527 / 34.9655
=0.76

* 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.


UPA Bhd  (XKLS:7757) 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.


UPA Bhd Receivables Turnover Related Terms

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UPA Bhd (XKLS:7757) Business Description

Traded in Other Exchanges
N/A
Address
Jalan Kuchai Lama, Lot 8228, 6.5 Miles, Kuala Lumpur, MYS, 58200
UPA Corp Bhd is an investment holding company. The company's operating segment includes manufacturing of paper-based products, manufacturing of plastic products, and trading of printing related machineries. Some of its products include Calendar; Journal, Diary; Planner; Notebook; Notepad and others.

UPA Bhd (XKLS:7757) Headlines

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