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Medi Lifestyle (SGX:Z4D) Receivables Turnover : 1.76 (As of Dec. 2023)


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What is Medi Lifestyle 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. Medi Lifestyle's Revenue for the three months ended in Dec. 2023 was S$0.11 Mil. Medi Lifestyle's average Accounts Receivable for the three months ended in Dec. 2023 was S$0.06 Mil. Hence, Medi Lifestyle's Receivables Turnover for the three months ended in Dec. 2023 was 1.76.


Medi Lifestyle Receivables Turnover Historical Data

The historical data trend for Medi Lifestyle'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.

Medi Lifestyle Receivables Turnover Chart

Medi Lifestyle 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 0.01 0.58 2.83 4.19 4.47

Medi Lifestyle 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 0.32 0.88 2.00 2.86 1.76

Competitive Comparison of Medi Lifestyle's Receivables Turnover

For the Medical Care Facilities subindustry, Medi Lifestyle'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.


Medi Lifestyle's Receivables Turnover Distribution in the Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, Medi Lifestyle's Receivables Turnover distribution charts can be found below:

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



Medi Lifestyle Receivables Turnover Calculation

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

Medi Lifestyle'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 )
=0.556 / ((0.191 + 0.058) / 2 )
=0.556 / 0.1245
=4.47

Medi Lifestyle'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 )
=0.109 / ((0.066 + 0.058) / 2 )
=0.109 / 0.062
=1.76

* 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.


Medi Lifestyle  (SGX:Z4D) 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.


Medi Lifestyle Receivables Turnover Related Terms

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Medi Lifestyle (SGX:Z4D) Business Description

Traded in Other Exchanges
N/A
Address
Jalan Universiti, Seksyen 13, 100.03.015, Level 3 Block J, 72A, Petaling Jaya, SGR, MYS, 46200
Medi Lifestyle Ltd is an investment holding company. The company's segment includes Healthcare and Outsourced Services. It generates maximum revenue from the Outsourced Services segment. The company's geographical segments are Malaysia and Singapore.

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