AAS (Antharas) Receivables Turnover: 8.17 (As of Dec. 2024)


What is Antharas Receivables Turnover?

Antharas AAS Receivables Turnover is 8.17 as of Dec. 2024.

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. Antharas's Revenue for the six months ended in Dec. 2024 was $11.99 Mil. Antharas's average Accounts Receivable for the six months ended in Dec. 2024 was $1.47 Mil. Hence, Antharas's Receivables Turnover for the six months ended in Dec. 2024 was 8.17.


Antharas  (NAS:AAS) 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.


Antharas Receivables Turnover Related Terms


Antharas Receivables Turnover Historical Data

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The historical data trend for Antharas'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.

Antharas Receivables Turnover Chart

Antharas Annual Data
Trend Dec21 Dec22 Dec23 Dec24
Receivables Turnover
5.06 1.76 4.89 9.00

Antharas Semi-Annual Data
Dec21 Dec22 Jun23 Dec23 Jun24 Dec24
Receivables Turnover Get a 7-Day Free Trial 0.00 1.65 4.04 3.83 8.17

AAS vs : Receivables Turnover Comparison

For the Real Estate - Development subindustry, Antharas'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.


Antharas Receivables Turnover vs Real Estate Industry

For the Real Estate industry and Real Estate sector, Antharas's Receivables Turnover distribution charts can be found below:

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



Antharas Receivables Turnover Calculation

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

Antharas's Receivables Turnover for the fiscal year that ended in Dec. 2024 is calculated as

Receivables Turnover (A: Dec. 2024 )
=Revenue / Average Accounts Receivable
=Revenue (A: Dec. 2024 ) / ((Accounts Receivable (A: Dec. 2023 ) + Accounts Receivable (A: Dec. 2024 )) / count )
=19.545 / ((2.68 + 1.664) / 2 )
=19.545 / 2.172
=9.00

Antharas's Receivables Turnover for the quarter that ended in Dec. 2024 is calculated as

Receivables Turnover (Q: Dec. 2024 )
=Revenue / Average Accounts Receivable
=Revenue (Q: Dec. 2024 ) / ((Accounts Receivable (Q: Jun. 2024 ) + Accounts Receivable (Q: Dec. 2024 )) / count )
=11.985 / ((1.269 + 1.664) / 2 )
=11.985 / 1.4665
=8.17

* 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.

Frequently Asked Questions Learn more about Receivables Turnover →
What does a Receivables Turnover of 8.17 mean?
Antharas (AAS) has a Receivables Turnover of 8.17 as of Dec. 2024. The accounts 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. View historical data on Antharas and its competitors.
Is Antharas' Receivables Turnover too high?
Antharas' current Receivables Turnover is 8.17. The Real Estate industry median Receivables Turnover is 10.68. Antharas' value of 8.17 is 23.5% below this industry median.
How does Antharas' Receivables Turnover compare to ?
Antharas' Receivables Turnover of 8.17 can be compared against companies in the Real Estate industry. The industry median Receivables Turnover is 10.68. Antharas' value of 8.17 is 23.5% below this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Receivables Turnover for a Real Estate company?
The median Receivables Turnover among Real Estate companies is 10.68, based on 1,663 companies in the industry. Companies in the top quartile (top 25%) have a Receivables Turnover significantly above this median, while those in the bottom quartile fall well below. However, Receivables Turnover should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Antharas's current Receivables Turnover of 8.17 is 23.5% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Receivables Turnover mean?
A high Receivables Turnover can signal that a stock is expensive relative to its fundamentals. The accounts 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. View historical data on Antharas and its competitors. For the Real Estate industry, the median Receivables Turnover is 10.68 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Antharas's current Receivables Turnover is 8.17. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Antharas stock overvalued right now?
Antharas (AAS) has a current Receivables Turnover of 8.17. The current Receivables Turnover is 8.17 and 23.5% below the Real Estate industry median of 10.68. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Receivables Turnover calculated?
Receivables Turnover is calculated from a company's financial statements. For Antharas (AAS), the current Receivables Turnover is 8.17 as of Dec. 2024. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Antharas Business Description

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Address 140, Jalan Maarof, Bangsar, Kuala Lumpur, MYS, 59100
Antharas Inc is a full-service community property developer based in Kuala Lumpur, Malaysia which manages all aspects of real estate development and offers a comprehensive range of services to its clients. It is involved in every stage of real estate development and its services encompass the entire lifecycle of the development and commercialization of this property, including from the initial conception and planning to overseeing construction, managing sales, and providing property management services.