SMTrack Bhd (XKLS:0169) Receivables Turnover : 0.90 (As of Dec. 2023)

View and export this data going back to 2011. Start your Free Trial

What is SMTrack 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. SMTrack Bhd's Revenue for the three months ended in Dec. 2023 was RM6.27 Mil. SMTrack Bhd's average Accounts Receivable for the three months ended in Dec. 2023 was RM6.99 Mil. Hence, SMTrack Bhd's Receivables Turnover for the three months ended in Dec. 2023 was 0.90.

SMTrack Bhd Receivables Turnover Historical Data

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.

* Premium members only.

SMTrack Bhd Receivables Turnover Chart

SMTrack Bhd Annual Data

Trend

Sep10

Sep11

Sep12

Sep13

Mar15

Jul16

Jul17

Jul18

Jul19

Receivables Turnover

Get a 7-Day Free Trial

4.14

1.72

0.87

0.61

SMTrack Bhd Quarterly Data
	Jul18	Oct18	Jan19	Apr19	Jul19	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Oct21	Mar22	Jun22	Sep22	Dec22	Mar23	Sep23	Dec23
Receivables Turnover	Get a 7-Day Free Trial															0.21	-	0.57	0.52	0.90

Competitive Comparison of SMTrack Bhd's Receivables Turnover

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's Receivables Turnover Distribution in the 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 Total Inventories
=	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. 2023 is calculated as

	Receivables Turnover (Q: Dec. 2023 )
=	Revenue	/	Average Total Inventories
=	Revenue (Q: Dec. 2023 )	/ (	(Accounts Receivable (Q: Sep. 2023 )	+	Accounts Receivable (Q: Dec. 2023 ))	/	count )
=	6.272	/ (	(7.031	+	6.939)	/	2 )
=	6.272	/	6.985
=	0.90

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

Thank you for viewing the detailed overview of SMTrack Bhd's Receivables Turnover provided by GuruFocus.com. Please click on the following links to see related term pages.

SMTrack Bhd (XKLS:0169) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » SMTrack Bhd (XKLS:0169) » Definitions » Receivables Turnover

Comparable Companies

Traded in Other Exchanges

N/A

Address

Unit 29-7, 7th Floor, The Bouvelard, Mid Valley City, Wilayah Persekutuan, Kuala Lumpur, SGR, MYS, 59200

Website

http://www.smtrackberhad.my

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 Investment holding and others segment, Delivery segment and Beauty and wellness segment. It derives majority of its revenues from the Investment holding and others segment and has operations spread across Malaysia.

SMTrack Bhd (XKLS:0169) Headlines

No Headlines