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BM GreenTech Bhd (XKLS:0168) Receivables Turnover : 1.32 (As of Dec. 2024)


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What is BM GreenTech 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. BM GreenTech Bhd's Revenue for the three months ended in Dec. 2024 was RM154.2 Mil. BM GreenTech Bhd's average Accounts Receivable for the three months ended in Dec. 2024 was RM116.9 Mil. Hence, BM GreenTech Bhd's Receivables Turnover for the three months ended in Dec. 2024 was 1.32.


BM GreenTech Bhd Receivables Turnover Historical Data

The historical data trend for BM GreenTech 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.

* Premium members only.

BM GreenTech Bhd Receivables Turnover Chart

BM GreenTech Bhd Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.47 3.52 4.48 4.64 4.41

BM GreenTech 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 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 1.15 1.19 0.86 1.27 1.32

Competitive Comparison of BM GreenTech Bhd's Receivables Turnover

For the Specialty Industrial Machinery subindustry, BM GreenTech 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.


BM GreenTech Bhd's Receivables Turnover Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, BM GreenTech Bhd's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where BM GreenTech Bhd's Receivables Turnover falls into.


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BM GreenTech Bhd Receivables Turnover Calculation

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

BM GreenTech Bhd's Receivables Turnover for the fiscal year that ended in Mar. 2024 is calculated as

Receivables Turnover (A: Mar. 2024 )
=Revenue / Average Total Inventories
=Revenue (A: Mar. 2024 ) / ((Accounts Receivable (A: Mar. 2023 ) + Accounts Receivable (A: Mar. 2024 )) / count )
=440.303 / ((93.309 + 106.198) / 2 )
=440.303 / 99.7535
=4.41

BM GreenTech 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 )
=154.249 / ((108.771 + 125.028) / 2 )
=154.249 / 116.8995
=1.32

* 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.


BM GreenTech Bhd  (XKLS:0168) 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.


BM GreenTech Bhd Receivables Turnover Related Terms

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BM GreenTech Bhd Business Description

Traded in Other Exchanges
N/A
Address
Lot 875, Jalan Subang 8, Taman Perindustrian Subang, Selangor Darul Ehsan, Subang Jaya, SGR, MYS, 47620
BM GreenTech Bhd is a company based in Malaysia. The company's operating business segments include Bio-Energy, Water Treatment, and Solar Energy. The majority of its revenue is generated from the Bio-Energy segment. This segment is involved in the manufacturing, installation, and technical support of bio-energy systems, which includes the generation of energy from bio-based materials, technical support, and trading of related parts and accessories. Geographically the company generates the majority of its revenue from Malaysia and Indonesia.

BM GreenTech Bhd Headlines

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