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Malita Investments (MAL:MLT) Receivables Turnover : 22.02 (As of Jun. 2024)


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What is Malita Investments 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. Malita Investments's Revenue for the six months ended in Jun. 2024 was €15.35 Mil. Malita Investments's average Accounts Receivable for the six months ended in Jun. 2024 was €0.70 Mil. Hence, Malita Investments's Receivables Turnover for the six months ended in Jun. 2024 was 22.02.


Malita Investments Receivables Turnover Historical Data

The historical data trend for Malita Investments'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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Malita Investments Receivables Turnover Chart

Malita Investments 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 108.66 22.84 23.54 102.78 136.31

Malita Investments Semi-Annual Data
Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
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 5.60 16.20 2.83 3.65 22.02

Competitive Comparison of Malita Investments's Receivables Turnover

For the Real Estate - Diversified subindustry, Malita Investments'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.


Malita Investments's Receivables Turnover Distribution in the Real Estate Industry

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

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



Malita Investments Receivables Turnover Calculation

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

Malita Investments'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 )
=23.991 / ((0.093 + 0.259) / 2 )
=23.991 / 0.176
=136.31

Malita Investments's Receivables Turnover for the quarter that ended in Jun. 2024 is calculated as

Receivables Turnover (Q: Jun. 2024 )
=Revenue / Average Total Inventories
=Revenue (Q: Jun. 2024 ) / ((Accounts Receivable (Q: Dec. 2023 ) + Accounts Receivable (Q: Jun. 2024 )) / count )
=15.346 / ((0.259 + 1.135) / 2 )
=15.346 / 0.697
=22.02

* 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.


Malita Investments  (MAL:MLT) 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.


Malita Investments Receivables Turnover Related Terms

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Malita Investments Business Description

Traded in Other Exchanges
N/A
Address
Tigne Point, Clock Tower, Level 1, Sliema, MLT, TP 01
Malita Investments PLC is a Malta-based investment holding company. It engaged in the acquisition, development, and operation of the immovable property. Its projects include the Maltese Parliament, Valletta City Gate, Open-Air Theatre, the construction of affordable housing all around Malta, Valletta Cruise Port and Malta International Airport.

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