Maksons Spinning Mills (DHA:MAKSONSPIN) Receivables Turnover: 0.28 (As of Mar. 2025)

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DHA:MAKSONSPIN Maksons Spinning Mills PLC DHA:MAKSONSPIN
45 GF Score
Price BDT6.60
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What is Maksons Spinning Mills Receivables Turnover?

Maksons Spinning Mills DHA:MAKSONSPIN +3.12% 45 Receivables Turnover is 0.28 as of Mar. 2025. GuruFocus rates DHA:MAKSONSPIN with a GF Score™ of 45/100.

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. Maksons Spinning Mills's Revenue for the three months ended in Mar. 2025 was BDT407 Mil. Maksons Spinning Mills's average Accounts Receivable for the three months ended in Mar. 2025 was BDT1,453 Mil. Hence, Maksons Spinning Mills's Receivables Turnover for the three months ended in Mar. 2025 was 0.28.


Maksons Spinning Mills  (DHA:MAKSONSPIN) 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.


Maksons Spinning Mills Receivables Turnover Related Terms


Maksons Spinning Mills Receivables Turnover Historical Data

* Premium members only.

The historical data trend for Maksons Spinning Mills'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.

Maksons Spinning Mills Receivables Turnover Chart

Maksons Spinning Mills Annual Data
Trend Sep14 Sep15 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.14 2.50 2.87 2.23 2.73

Maksons Spinning Mills Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Dec24 Mar25
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 0.81 0.78 0.64 0.19 0.28

Maksons Spinning Mills Receivables Turnover Competitor Comparison

For the Textile Manufacturing subindustry, Maksons Spinning Mills'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.


Maksons Spinning Mills Receivables Turnover vs Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Maksons Spinning Mills's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Maksons Spinning Mills's Receivables Turnover falls into.


DHA:MAKSONSPIN
45GF Score
Maksons Spinning Mills PLC DHA:MAKSONSPIN
Receivables Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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Maksons Spinning Mills Receivables Turnover Calculation

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

Maksons Spinning Mills's Receivables Turnover for the fiscal year that ended in Jun. 2024 is calculated as

Receivables Turnover (A: Jun. 2024 )
=Revenue / Average Accounts Receivable
=Revenue (A: Jun. 2024 ) / ((Accounts Receivable (A: Jun. 2023 ) + Accounts Receivable (A: Jun. 2024 )) / count )
=5456.268 / ((1824.387 + 2174.195) / 2 )
=5456.268 / 1999.291
=2.73

Maksons Spinning Mills's Receivables Turnover for the quarter that ended in Mar. 2025 is calculated as

Receivables Turnover (Q: Mar. 2025 )
=Revenue / Average Accounts Receivable
=Revenue (Q: Mar. 2025 ) / ((Accounts Receivable (Q: Dec. 2024 ) + Accounts Receivable (Q: Mar. 2025 )) / count )
=406.739 / ((1562.666 + 1344.004) / 2 )
=406.739 / 1453.335
=0.28

* 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 0.28 mean?
Maksons Spinning Mills (DHA:MAKSONSPIN) has a Receivables Turnover of 0.28 as of Mar. 2025. 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 Maksons Spinning Mills and its competitors.
Is Maksons Spinning Mills' Receivables Turnover too high?
Maksons Spinning Mills' current Receivables Turnover is 0.28. The Manufacturing - Apparel & Accessories industry median Receivables Turnover is 6.89. Maksons Spinning Mills' value of 0.28 is 95.9% below this industry median. Overall, Maksons Spinning Mills has a GF Score™ of 45/100, reflecting its overall financial health beyond just this single metric.
How does Maksons Spinning Mills' Receivables Turnover compare to competitors?
Maksons Spinning Mills' Receivables Turnover of 0.28 can be compared against companies in the Manufacturing - Apparel & Accessories industry. The industry median Receivables Turnover is 6.89. Maksons Spinning Mills' value of 0.28 is 95.9% 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 Manufacturing - Apparel & Accessories company?
The median Receivables Turnover among Manufacturing - Apparel & Accessories companies is 6.89, based on 1,032 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. Maksons Spinning Mills's current Receivables Turnover of 0.28 is 95.9% 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 Maksons Spinning Mills and its competitors. For the Manufacturing - Apparel & Accessories industry, the median Receivables Turnover is 6.89 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Maksons Spinning Mills's current Receivables Turnover is 0.28. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Maksons Spinning Mills stock overvalued right now?
Maksons Spinning Mills (DHA:MAKSONSPIN) has a current Receivables Turnover of 0.28. The current Receivables Turnover is 0.28 and 95.9% below the Manufacturing - Apparel & Accessories industry median of 6.89. Maksons Spinning Mills' overall GF Score™ is 45/100. 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 Maksons Spinning Mills (DHA:MAKSONSPIN), the current Receivables Turnover is 0.28 as of Mar. 2025. 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.

Maksons Spinning Mills Business Description

Address House No. 17, Road No. 6, Sector No. 1, Uttara Model Town, Dhaka, BGD, 1230
Maksons Spinning Mills PLC is a Bangladesh-based company in the production and sale of cotton yarn and also it offers cotton combed and carded yarn to the export-oriented readymade garments and knitting industries. The company's specialties are following Carded Yarn, Organic Yarn (Carded, Combed, Slub, Grey melange), Combed Yarn, Slub Yarn, BCI Yarn, Compact Combed Yarn, Grey Melange Yarn, and slub yarn.
45GF Score

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Receivables Turnover is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

BDT6.60
Price