Lambo Group Bhd (XKLS:0018) Receivables Turnover : 0.22 (As of Mar. 2024)

View and export this data going back to 2003. Start your Free Trial

What is Lambo Group 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. Lambo Group Bhd's Revenue for the three months ended in Mar. 2024 was RM4.96 Mil. Lambo Group Bhd's average Accounts Receivable for the three months ended in Mar. 2024 was RM22.45 Mil. Hence, Lambo Group Bhd's Receivables Turnover for the three months ended in Mar. 2024 was 0.22.

Lambo Group Bhd Receivables Turnover Historical Data

The historical data trend for Lambo Group 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.

* Premium members only.

Lambo Group Bhd Receivables Turnover Chart

Lambo Group Bhd Annual Data

Trend

Jun11

Jun12

Jun13

Jun14

Jun15

Dec16

Dec17

Dec18

May21

Sep23

Receivables Turnover

Get a 7-Day Free Trial

37.00

274.19

1,114.17

146.57

12.01

Lambo Group Bhd Quarterly Data
	Sep18	Dec18	Mar19	Jun19	Sep19	Mar20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	Aug22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Receivables Turnover	Get a 7-Day Free Trial															0.25	0.25	0.50	0.72	0.22

Competitive Comparison of Lambo Group Bhd's Receivables Turnover

For the Internet Retail subindustry, Lambo Group 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.

Lambo Group Bhd's Receivables Turnover Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Lambo Group Bhd's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Lambo Group Bhd's Receivables Turnover falls into.

Lambo Group Bhd Receivables Turnover Calculation

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

Lambo Group Bhd's Receivables Turnover for the fiscal year that ended in Sep. 2023 is calculated as

	Receivables Turnover (A: Sep. 2023 )
=	Revenue	/	Average Total Inventories
=	Revenue (A: Sep. 2023 )	/ (	(Accounts Receivable (A: May. 2021 )	+	Accounts Receivable (A: Sep. 2023 ))	/	count )
=	14.837	/ (	(0.255	+	2.215)	/	2 )
=	14.837	/	1.235
=	12.01

Lambo Group Bhd's Receivables Turnover for the quarter that ended in Mar. 2024 is calculated as

	Receivables Turnover (Q: Mar. 2024 )
=	Revenue	/	Average Total Inventories
=	Revenue (Q: Mar. 2024 )	/ (	(Accounts Receivable (Q: Dec. 2023 )	+	Accounts Receivable (Q: Mar. 2024 ))	/	count )
=	4.959	/ (	(20.69	+	24.206)	/	2 )
=	4.959	/	22.448
=	0.22

Lambo Group Bhd (XKLS:0018) 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.

Lambo Group Bhd Receivables Turnover Related Terms

Thank you for viewing the detailed overview of Lambo Group Bhd's Receivables Turnover provided by GuruFocus.com. Please click on the following links to see related term pages.

Lambo Group Bhd (XKLS:0018) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Lambo Group Bhd (XKLS:0018) » Definitions » Receivables Turnover

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 8, Persiaran Tropicana, Lot 11.1, 11th Floor, Menara Lien Hoe, Petaling Jaya, SGR, MYS, 47410

Website

http://www.lambogroup.my

Lambo Group Bhd is a Malaysia-based company. Its segments are IT consultancy and E-commerce services, Logistic services, and Wholesale of shoe products. The IT consultancy and E-commerce service segment includes IT services to SMEs and Business to Customer platform e-commerce businesses. The Logistic services segment includes Provision for logistics and delivery of goods from transportation hubs to the final delivery destination. The Wholesale of shoe products segment includes the Provision of wholesale products and Business to Business platform.

Lambo Group Bhd (XKLS:0018) Headlines

No Headlines