SCC Holdings Bhd (XKLS:0158) Receivables Turnover : 1.13 (As of Sep. 2024)

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What is SCC Holdings 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. SCC Holdings Bhd's Revenue for the three months ended in Sep. 2024 was RM12.49 Mil. SCC Holdings Bhd's average Accounts Receivable for the three months ended in Sep. 2024 was RM11.03 Mil. Hence, SCC Holdings Bhd's Receivables Turnover for the three months ended in Sep. 2024 was 1.13.

SCC Holdings Bhd Receivables Turnover Historical Data

The historical data trend for SCC Holdings 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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SCC Holdings Bhd Receivables Turnover Chart

SCC Holdings Bhd Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Receivables Turnover

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4.62

3.97

4.39

5.18

4.28

SCC Holdings Bhd Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Receivables Turnover	Get a 7-Day Free Trial															1.31	1.17	1.04	1.12	1.13

Competitive Comparison of SCC Holdings Bhd's Receivables Turnover

For the Food Distribution subindustry, SCC Holdings 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.

SCC Holdings Bhd's Receivables Turnover Distribution in the Retail - Defensive Industry

For the Retail - Defensive industry and Consumer Defensive sector, SCC Holdings Bhd's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where SCC Holdings Bhd's Receivables Turnover falls into.

SCC Holdings Bhd Receivables Turnover Calculation

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

SCC Holdings Bhd'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 )
=	55.357	/ (	(12.447	+	13.443)	/	2 )
=	55.357	/	12.945
=	4.28

SCC Holdings Bhd's Receivables Turnover for the quarter that ended in Sep. 2024 is calculated as

	Receivables Turnover (Q: Sep. 2024 )
=	Revenue	/	Average Total Inventories
=	Revenue (Q: Sep. 2024 )	/ (	(Accounts Receivable (Q: Jun. 2024 )	+	Accounts Receivable (Q: Sep. 2024 ))	/	count )
=	12.485	/ (	(11.048	+	11.013)	/	2 )
=	12.485	/	11.0305
=	1.13

SCC Holdings Bhd (XKLS:0158) 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.

SCC Holdings Bhd Receivables Turnover Related Terms

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SCC Holdings Bhd Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Retail - Defensive » SCC Holdings Bhd (XKLS:0158) » Definitions » Receivables Turnover

Comparable Companies

Traded in Other Exchanges

N/A

Address

19-21, Jalan Hujan, Taman Overseas Union, 5th Miles, Jalan Kelang Lama, Kuala Lumpur, MYS, 58200

Website

https://www.sccholdings.com.my

SCC Holdings Bhd is engaged in the distribution of food service equipment and the sale of animal health products. The group operates in the business segments of Foodservice equipment segment, Animal health products, and Others. The food service equipment segment includes industrial-grade equipment used to aid the final preparation and delivery of meals to customers. Food service equipment has applications in kitchens and is suited for food service providers. Animal health product segments include the selling of antimicrobial preservatives and feed additives. The group generates the majority of its revenue from the Animal health products division.

SCC Holdings Bhd Headlines

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