Widad Group Bhd (XKLS:0162) Receivables Turnover : 0.44 (As of Dec. 2024)

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What is Widad 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. Widad Group Bhd's Revenue for the three months ended in Dec. 2024 was RM60.1 Mil. Widad Group Bhd's average Accounts Receivable for the three months ended in Dec. 2024 was RM135.9 Mil. Hence, Widad Group Bhd's Receivables Turnover for the three months ended in Dec. 2024 was 0.44.

Widad Group Bhd Receivables Turnover Historical Data

The historical data trend for Widad 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.

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Widad Group Bhd Receivables Turnover Chart

Widad Group Bhd Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Receivables Turnover

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2.33

2.26

4.68

3.81

1.23

Widad Group 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															1.21	0.26	0.15	0.21	0.44

Competitive Comparison of Widad Group Bhd's Receivables Turnover

For the Engineering & Construction subindustry, Widad 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.

Widad Group Bhd's Receivables Turnover Distribution in the Construction Industry

For the Construction industry and Industrials sector, Widad Group Bhd's Receivables Turnover distribution charts can be found below:

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

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Widad Group Bhd Receivables Turnover Calculation

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

Widad Group 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 )
=	137.736	/ (	(94.996	+	128.578)	/	2 )
=	137.736	/	111.787
=	1.23

Widad Group 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 )
=	60.085	/ (	(143.307	+	128.578)	/	2 )
=	60.085	/	135.9425
=	0.44

Widad Group Bhd (XKLS:0162) 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.

Widad Group Bhd Receivables Turnover Related Terms

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Widad Group Bhd Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Widad Group Bhd (XKLS:0162) » Definitions » Receivables Turnover

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Traded in Other Exchanges

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Address

No. 3, Jalan Semantan, Damansara Heights, WBG Penthouse, Kuala Lumpur, MYS, 50490

Website

https://www.widadgroup.com

Widad Group Bhd is a Malaysia-based investment holding company. The company is organized into three business units. Integrated facility management includes scheduled maintenance, ad-hoc maintenance, upgrading, and renovation to ensure optimum effectiveness and efficiency and cater to its customer's requirements and preferences, which also is the majority revenue generating segment. The constructions segment includes infrastructure and civil works such as the construction of low and high-rise buildings for a variety of uses, and sewerage treatment plants. The concession segment comprises operations related to the construction and maintenance of facilities and infrastructure.

Widad Group Bhd Headlines

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