SMTrack Bhd (XKLS:0169) Receivables Turnover: 27.66 (As of Dec. 2024)

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What is SMTrack Bhd Receivables Turnover?

SMTrack Bhd XKLS:0169 Receivables Turnover is 27.66 as of Dec. 2024.

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. SMTrack Bhd's Revenue for the three months ended in Dec. 2024 was RM2.10 Mil. SMTrack Bhd's average Accounts Receivable for the three months ended in Dec. 2024 was RM0.08 Mil. Hence, SMTrack Bhd's Receivables Turnover for the three months ended in Dec. 2024 was 27.66.


SMTrack Bhd  (XKLS:0169) 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.


SMTrack Bhd Receivables Turnover Related Terms


SMTrack Bhd Receivables Turnover Historical Data

* Premium members only.

The historical data trend for SMTrack 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.

SMTrack Bhd Receivables Turnover Chart

SMTrack Bhd Annual Data
Trend Sep10 Sep11 Sep12 Sep13 Mar15 Jul17 Jul18 Jul19
Receivables Turnover
Get a 7-Day Free Trial 2.28 0.00 2.70 0.87 0.61

SMTrack Bhd Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Oct21 Mar22 Jun22 Sep22 Dec22 Mar23 Sep23 Dec23 Mar24 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 0.52 0.90 0.54 1.41 27.66

XKLS:0169 vs IBM, ACN, CTSH: Receivables Turnover Comparison

For the Information Technology Services subindustry, SMTrack 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.


SMTrack Bhd Receivables Turnover vs Software Industry

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

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



SMTrack Bhd Receivables Turnover Calculation

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

SMTrack Bhd's Receivables Turnover for the fiscal year that ended in Jul. 2019 is calculated as

Receivables Turnover (A: Jul. 2019 )
=Revenue / Average Accounts Receivable
=Revenue (A: Jul. 2019 ) / ((Accounts Receivable (A: Jul. 2018 ) + Accounts Receivable (A: Jul. 2019 )) / count )
=1.698 / ((1.938 + 3.624) / 2 )
=1.698 / 2.781
=0.61

SMTrack Bhd's Receivables Turnover for the quarter that ended in Dec. 2024 is calculated as

Receivables Turnover (Q: Dec. 2024 )
=Revenue / Average Accounts Receivable
=Revenue (Q: Dec. 2024 ) / ((Accounts Receivable (Q: Sep. 2024 ) + Accounts Receivable (Q: Dec. 2024 )) / count )
=2.102 / ((0.023 + 0.129) / 2 )
=2.102 / 0.076
=27.66

* 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.

Frequently Asked Questions Learn more about Receivables Turnover →
What does a Receivables Turnover of 27.66 mean?
SMTrack Bhd (XKLS:0169) has a Receivables Turnover of 27.66 as of Dec. 2024. The accounts 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. View historical data on SMTrack Bhd and its competitors.
Is SMTrack Bhd's Receivables Turnover too high?
SMTrack Bhd's current Receivables Turnover is 27.66. The Software industry median Receivables Turnover is 5.72. SMTrack Bhd's value of 27.66 is 383.6% above this industry median.
How does SMTrack Bhd's Receivables Turnover compare to IBM and ACN?
SMTrack Bhd's Receivables Turnover of 27.66 can be compared against companies in the Software industry. The industry median Receivables Turnover is 5.72. SMTrack Bhd's value of 27.66 is 383.6% above this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Receivables Turnover for a Software company?
The median Receivables Turnover among Software companies is 5.72, based on 2,781 companies in the industry. Companies in the top quartile (top 25%) have a Receivables Turnover significantly above this median, while those in the bottom quartile fall well below. However, Receivables Turnover should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. SMTrack Bhd's current Receivables Turnover of 27.66 is 383.6% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Receivables Turnover mean?
A high Receivables Turnover can signal that a stock is expensive relative to its fundamentals. The accounts 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. View historical data on SMTrack Bhd and its competitors. For the Software industry, the median Receivables Turnover is 5.72 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. SMTrack Bhd's current Receivables Turnover is 27.66. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is SMTrack Bhd stock overvalued right now?
SMTrack Bhd (XKLS:0169) has a current Receivables Turnover of 27.66. The current Receivables Turnover is 27.66 and 383.6% above the Software industry median of 5.72. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Receivables Turnover calculated?
Receivables Turnover is calculated from a company's financial statements. For SMTrack Bhd (XKLS:0169), the current Receivables Turnover is 27.66 as of Dec. 2024. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

SMTrack Bhd Business Description

Address Unit 29-7, The Bouvelard, Mid Valley City, 7th Floor, Lingkaran Syed Putra, Wilayah Persekutuan, Kuala Lumpur, SGR, MYS, 59200
SMTrack Bhd is engaged in a track and trace solutions provider that utilizes Radio Frequency Identification (RFID). It involves the design, deployment, and distribution of radiofrequency identity tags and other tagging solutions using information technology. It also offers the provision of training, maintenance, and consultancy services. The company is engaged in the Investment holding and others segment, the Delivery segment, and the Beauty and wellness segment. It derives the majority of its revenues from the Beauty and wellness segment.