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Salutica Bhd (XKLS:0183) Receivables Turnover : 0.76 (As of Mar. 2024)


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What is Salutica 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. Salutica Bhd's Revenue for the three months ended in Mar. 2024 was RM4.72 Mil. Salutica Bhd's average Accounts Receivable for the three months ended in Mar. 2024 was RM6.24 Mil. Hence, Salutica Bhd's Receivables Turnover for the three months ended in Mar. 2024 was 0.76.


Salutica Bhd Receivables Turnover Historical Data

The historical data trend for Salutica 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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Salutica Bhd Receivables Turnover Chart

Salutica Bhd Annual Data
Trend Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only 11.50 12.23 7.81 5.45 5.84

Salutica Bhd Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 1.60 2.26 1.50 1.12 0.76

Competitive Comparison of Salutica Bhd's Receivables Turnover

For the Consumer Electronics subindustry, Salutica 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.


Salutica Bhd's Receivables Turnover Distribution in the Hardware Industry

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

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



Salutica Bhd Receivables Turnover Calculation

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

Salutica Bhd's Receivables Turnover for the fiscal year that ended in Jun. 2023 is calculated as

Receivables Turnover (A: Jun. 2023 )
=Revenue / Average Total Inventories
=Revenue (A: Jun. 2023 ) / ((Accounts Receivable (A: Jun. 2022 ) + Accounts Receivable (A: Jun. 2023 )) / count )
=63.853 / ((16.634 + 5.244) / 2 )
=63.853 / 10.939
=5.84

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

Receivables Turnover (Q: Mar. 2024 )
=Revenue / Average Total Inventories
=Revenue (Q: Mar. 2024 ) / ((Accounts Receivable (Q: Dec. 2023 ) + Accounts Receivable (Q: Mar. 2024 )) / count )
=4.718 / ((5.282 + 7.195) / 2 )
=4.718 / 6.2385
=0.76

* 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.


Salutica Bhd  (XKLS:0183) 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.


Salutica Bhd Receivables Turnover Related Terms

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Salutica Bhd (XKLS:0183) Business Description

Traded in Other Exchanges
N/A
Address
3 Jalan Zarib 6, Kawasan Perindustrian Zarib, Lahat, Ipoh, PRK, MYS, 31500
Salutica Bhd is electronics manufacturing company. Through its subsidiary it designs, develops and manufactures consumer electronic products. It offers products including bluetooth devices and other precision parts and components for external brands. The company operates in Malaysia under one operating segment which is Consumer Electronics. It provides services such as design, assembly, quality assurance, supply chain management.

Salutica Bhd (XKLS:0183) Headlines

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