Unitrade Industries Bhd (XKLS:0247) Receivables Turnover : 0.99 (As of Dec. 2024)

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What is Unitrade Industries 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. Unitrade Industries Bhd's Revenue for the three months ended in Dec. 2024 was RM459 Mil. Unitrade Industries Bhd's average Accounts Receivable for the three months ended in Dec. 2024 was RM462 Mil. Hence, Unitrade Industries Bhd's Receivables Turnover for the three months ended in Dec. 2024 was 0.99.

Unitrade Industries Bhd Receivables Turnover Historical Data

The historical data trend for Unitrade Industries 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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Unitrade Industries Bhd Receivables Turnover Chart

Unitrade Industries Bhd Annual Data

Trend

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Receivables Turnover

Get a 7-Day Free Trial

3.48

3.02

3.50

3.72

4.20

Unitrade Industries Bhd Quarterly Data
	Mar19	Mar20	Mar21	Nov21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Receivables Turnover	Get a 7-Day Free Trial											0.83	0.97	0.91	1.00	0.99

Competitive Comparison of Unitrade Industries Bhd's Receivables Turnover

For the Industrial Distribution subindustry, Unitrade Industries 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.

Unitrade Industries Bhd's Receivables Turnover Distribution in the Industrial Distribution Industry

For the Industrial Distribution industry and Industrials sector, Unitrade Industries Bhd's Receivables Turnover distribution charts can be found below:

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

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Unitrade Industries Bhd Receivables Turnover Calculation

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

Unitrade Industries 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 )
=	1613.4	/ (	(356.316	+	412.688)	/	2 )
=	1613.4	/	384.502
=	4.20

Unitrade Industries 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 )
=	458.576	/ (	(468.674	+	455.083)	/	2 )
=	458.576	/	461.8785
=	0.99

Unitrade Industries Bhd (XKLS:0247) 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.

Unitrade Industries Bhd Receivables Turnover Related Terms

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Unitrade Industries Bhd Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Distribution » Unitrade Industries Bhd (XKLS:0247) » Definitions » Receivables Turnover

Comparable Companies

Traded in Other Exchanges

N/A

Address

2, Jalan Astaka U8/87, Seksyen U8, Bukit Jelutong, Shah Alam, SGR, MYS, 40150

Website

https://www.unitrade.com.my

Unitrade Industries Bhd is a supplier and distributor of construction materials including pipe fittings and valves. The segments of the company are the Wholesale and distribution of building materials for mechanical and engineering (M&E) works comprising pipes, valves, fittings, and accessories, and civil works comprising reinforcement steel, structural steel, and other building material; Manufacturing and sale of pre-insulated pipes; Rental of temporary structural support equipment and Others. The company earns the maximum of its revenue from the Wholesale and distribution segment. The Group operates in Malaysia.

Unitrade Industries Bhd Headlines

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