Privasia Technology Bhd (XKLS:0123) Receivables Turnover : 1.08 (As of Dec. 2024)

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What is Privasia Technology 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. Privasia Technology Bhd's Revenue for the three months ended in Dec. 2024 was RM10.85 Mil. Privasia Technology Bhd's average Accounts Receivable for the three months ended in Dec. 2024 was RM10.10 Mil. Hence, Privasia Technology Bhd's Receivables Turnover for the three months ended in Dec. 2024 was 1.08.

Privasia Technology Bhd Receivables Turnover Historical Data

The historical data trend for Privasia Technology 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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Privasia Technology Bhd Receivables Turnover Chart

Privasia Technology Bhd Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Receivables Turnover

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5.35

4.68

4.06

12.71

8.66

Privasia Technology 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															2.09	1.49	1.70	1.88	1.08

Competitive Comparison of Privasia Technology Bhd's Receivables Turnover

For the Information Technology Services subindustry, Privasia Technology 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.

Privasia Technology Bhd's Receivables Turnover Distribution in the Software Industry

For the Software industry and Technology sector, Privasia Technology Bhd's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Privasia Technology Bhd's Receivables Turnover falls into.

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Privasia Technology Bhd Receivables Turnover Calculation

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

Privasia Technology 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 )
=	73.819	/ (	(8.603	+	8.437)	/	2 )
=	73.819	/	8.52
=	8.66

Privasia Technology 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 )
=	10.854	/ (	(11.756	+	8.437)	/	2 )
=	10.854	/	10.0965
=	1.08

Privasia Technology Bhd (XKLS:0123) 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.

Privasia Technology Bhd Receivables Turnover Related Terms

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Privasia Technology Bhd Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Privasia Technology Bhd (XKLS:0123) » Definitions » Receivables Turnover

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 2 Jalan 19/1, Unit C-21-02, 3 Two Square, Petaling Jaya, SGR, MYS, 46300

Website

https://www.privasia.com

Privasia Technology Bhd is an investment holding company. The company's operating segment includes Information Technology (IT); Information and Communications Technology (ICT); Satellite-based network services (SAT) and Investment holding. The Information technology segment comprises IT infrastructure outsourcing, consultancy and systems integration, and procurement management. Geographically, it operates only in Malaysia.

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