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Hextar Industries Bhd (XKLS:0161) Receivables Turnover : 0.82 (As of Dec. 2024)


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What is Hextar Industries 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. Hextar Industries Bhd's Revenue for the three months ended in Dec. 2024 was RM198.6 Mil. Hextar Industries Bhd's average Accounts Receivable for the three months ended in Dec. 2024 was RM241.5 Mil. Hence, Hextar Industries Bhd's Receivables Turnover for the three months ended in Dec. 2024 was 0.82.


Hextar Industries Bhd Receivables Turnover Historical Data

The historical data trend for Hextar Industries 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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Hextar Industries Bhd Receivables Turnover Chart

Hextar Industries Bhd Annual Data
Trend Aug14 Aug15 Aug16 Aug17 Aug18 Aug19 Aug20 Aug21 Dec23 Dec24
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.41 2.74 2.75 7.80 4.77

Hextar Industries Bhd Quarterly Data
Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Nov22 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 0.70 1.05 0.93 1.03 0.82

Competitive Comparison of Hextar Industries Bhd's Receivables Turnover

For the Agricultural Inputs subindustry, Hextar Industries 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.


Hextar Industries Bhd's Receivables Turnover Distribution in the Agriculture Industry

For the Agriculture industry and Basic Materials sector, Hextar Industries Bhd's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Hextar Industries Bhd's Receivables Turnover falls into.


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Hextar Industries Bhd Receivables Turnover Calculation

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

Hextar Industries 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 )
=965.5 / ((199.504 + 204.969) / 2 )
=965.5 / 202.2365
=4.77

Hextar Industries 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 )
=198.577 / ((277.994 + 204.969) / 2 )
=198.577 / 241.4815
=0.82

* 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.


Hextar Industries Bhd  (XKLS:0161) 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.


Hextar Industries Bhd Receivables Turnover Related Terms

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Hextar Industries Bhd Business Description

Traded in Other Exchanges
N/A
Address
Jalan Bayu Laut 4/KS09, No.63 & 64, Kota Bayuemas, Klang, SGR, MYS, 41200
Hextar Industries Bhd is engaged in the production and distribution of agrochemicals, fertilizers, seeds, and also research & development work for the industry. Its products include Agro Chemicals, Public Health, Industrial Chemicals, Specialty Chemicals, and Oil Field Chemicals. Its operating segments include Fertilizers; Heavy equipment; Equipment rental and Investment holding. The company derives a majority of its revenue from the fertilizer segment.

Hextar Industries Bhd Headlines

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