M N C Wireless Bhd (XKLS:0103PA.PFD) Receivables Turnover : 1.18 (As of Jan. 2025)

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What is M N C Wireless 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. M N C Wireless Bhd's Revenue for the three months ended in Jan. 2025 was RM4.05 Mil. M N C Wireless Bhd's average Accounts Receivable for the three months ended in Jan. 2025 was RM3.44 Mil. Hence, M N C Wireless Bhd's Receivables Turnover for the three months ended in Jan. 2025 was 1.18.

M N C Wireless Bhd Receivables Turnover Historical Data

The historical data trend for M N C Wireless 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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M N C Wireless Bhd Receivables Turnover Chart

M N C Wireless Bhd Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Apr20

Apr21

Apr22

Apr23

Apr24

Receivables Turnover

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3.34

3.44

3.15

3.48

4.23

M N C Wireless Bhd Quarterly Data
	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24	Apr24	Jul24	Oct24	Jan25
Receivables Turnover	Get a 7-Day Free Trial															1.25	1.24	1.01	0.76	1.18

Competitive Comparison of M N C Wireless Bhd's Receivables Turnover

For the Telecom Services subindustry, M N C Wireless 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.

M N C Wireless Bhd's Receivables Turnover Distribution in the Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, M N C Wireless Bhd's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where M N C Wireless Bhd's Receivables Turnover falls into.

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M N C Wireless Bhd Receivables Turnover Calculation

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

M N C Wireless Bhd's Receivables Turnover for the fiscal year that ended in Apr. 2024 is calculated as

	Receivables Turnover (A: Apr. 2024 )
=	Revenue	/	Average Total Inventories
=	Revenue (A: Apr. 2024 )	/ (	(Accounts Receivable (A: Apr. 2023 )	+	Accounts Receivable (A: Apr. 2024 ))	/	count )
=	14.153	/ (	(3.065	+	3.619)	/	2 )
=	14.153	/	3.342
=	4.23

M N C Wireless Bhd's Receivables Turnover for the quarter that ended in Jan. 2025 is calculated as

	Receivables Turnover (Q: Jan. 2025 )
=	Revenue	/	Average Total Inventories
=	Revenue (Q: Jan. 2025 )	/ (	(Accounts Receivable (Q: Oct. 2024 )	+	Accounts Receivable (Q: Jan. 2025 ))	/	count )
=	4.054	/ (	(2.934	+	3.944)	/	2 )
=	4.054	/	3.439
=	1.18

M N C Wireless Bhd (XKLS:0103PA.PFD) 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.

M N C Wireless Bhd Receivables Turnover Related Terms

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M N C Wireless Bhd Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Telecommunication Services » M N C Wireless Bhd (XKLS:0103PA.PFD) » Definitions » Receivables Turnover

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0103:Malaysia

Address

100-3.011, Jaya One, Number 72A, Jalan Profesor Diraja Ungku Aziz, 129 Offices, Petaling Jaya, SGR, MYS, 46200

Website

https://www.mnc.com.my

M N C Wireless Bhd operates in the telecom industry. The company operate through various segments that are Mobile Applications, which provide mobile application platforms for short message services (SMS) to mobile phone users; and Wireless and Multimedia Related Services, which are involved in consultations, sales, marketing, and implementation of m-business solutions, management of content resources business, and other related multimedia services.

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