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SIMEF (Sime Darby Property Bhd) Receivables Turnover : 1.57 (As of Dec. 2024)


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What is Sime Darby Property 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. Sime Darby Property Bhd's Revenue for the three months ended in Dec. 2024 was $219.2 Mil. Sime Darby Property Bhd's average Accounts Receivable for the three months ended in Dec. 2024 was $139.3 Mil. Hence, Sime Darby Property Bhd's Receivables Turnover for the three months ended in Dec. 2024 was 1.57.


Sime Darby Property Bhd Receivables Turnover Historical Data

The historical data trend for Sime Darby Property 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.

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Sime Darby Property Bhd Receivables Turnover Chart

Sime Darby Property Bhd Annual Data
Trend Jun15 Jun16 Jun17 Jun18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.63 3.90 5.08 7.49 9.39

Sime Darby Property Bhd Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 1.60 1.66 1.28 1.25 1.57

Competitive Comparison of Sime Darby Property Bhd's Receivables Turnover

For the Real Estate - Development subindustry, Sime Darby Property 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.


Sime Darby Property Bhd's Receivables Turnover Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Sime Darby Property Bhd's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Sime Darby Property Bhd's Receivables Turnover falls into.


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Sime Darby Property Bhd Receivables Turnover Calculation

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

Sime Darby Property Bhd's Receivables Turnover for the fiscal year that ended in Dec. 2024 is calculated as

Receivables Turnover (A: Dec. 2024 )
=Revenue / Average Total Inventories
=Revenue (A: Dec. 2024 ) / ((Accounts Receivable (A: Dec. 2023 ) + Accounts Receivable (A: Dec. 2024 )) / count )
=953.541 / ((93.649 + 109.517) / 2 )
=953.541 / 101.583
=9.39

Sime Darby Property Bhd's Receivables Turnover for the quarter that ended in Dec. 2024 is calculated as

Receivables Turnover (Q: Dec. 2024 )
=Revenue / Average Total Inventories
=Revenue (Q: Dec. 2024 ) / ((Accounts Receivable (Q: Sep. 2024 ) + Accounts Receivable (Q: Dec. 2024 )) / count )
=219.17 / ((169.126 + 109.517) / 2 )
=219.17 / 139.3215
=1.57

* 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.


Sime Darby Property Bhd  (OTCPK:SIMEF) 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.


Sime Darby Property Bhd Receivables Turnover Related Terms

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Sime Darby Property Bhd Business Description

Traded in Other Exchanges
Address
No. 2, Jalan PJU 1A/7A, Ara Damansara, PJU 1A, Level 10, Block G, Petaling Jaya, SGR, MYS, 47301
Sime Darby Property Bhd is a property development company. The company is engaged in property investment, asset management, hospitality, and leisure activities. The company's townships include USJ Heights, East Residence, Putra Residence, Inspirasiku, Ara Damansara, PJ Midtown, KL East, and Chemara Hills among others.

Sime Darby Property Bhd Headlines

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