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SNS Network Technology Bhd (XKLS:0259) Receivables Turnover : 1.49 (As of Jan. 2025)


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What is SNS Network Technology 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. SNS Network Technology Bhd's Revenue for the three months ended in Jan. 2025 was RM252 Mil. SNS Network Technology Bhd's average Accounts Receivable for the three months ended in Jan. 2025 was RM168 Mil. Hence, SNS Network Technology Bhd's Receivables Turnover for the three months ended in Jan. 2025 was 1.49.


SNS Network Technology Bhd Receivables Turnover Historical Data

The historical data trend for SNS Network Technology 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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SNS Network Technology Bhd Receivables Turnover Chart

SNS Network Technology Bhd Annual Data
Trend Jan19 Jan20 Jan21 Jan22 Jan23 Jan24 Jan25
Receivables Turnover
Get a 7-Day Free Trial 13.22 14.56 13.93 7.56 4.87

SNS Network Technology Bhd Quarterly Data
Jan19 Jan20 Jan21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25
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 2.27 0.95 1.35 1.41 1.49

Competitive Comparison of SNS Network Technology Bhd's Receivables Turnover

For the Electronics & Computer Distribution subindustry, SNS Network Technology 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.


SNS Network Technology Bhd's Receivables Turnover Distribution in the Hardware Industry

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

* The bar in red indicates where SNS Network Technology Bhd's Receivables Turnover falls into.


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SNS Network Technology Bhd Receivables Turnover Calculation

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

SNS Network Technology Bhd's Receivables Turnover for the fiscal year that ended in Jan. 2025 is calculated as

Receivables Turnover (A: Jan. 2025 )
=Revenue / Average Total Inventories
=Revenue (A: Jan. 2025 ) / ((Accounts Receivable (A: Jan. 2024 ) + Accounts Receivable (A: Jan. 2025 )) / count )
=1018.513 / ((217.013 + 201.516) / 2 )
=1018.513 / 209.2645
=4.87

SNS Network Technology Bhd's Receivables Turnover for the quarter that ended in Jan. 2025 is calculated as

Receivables Turnover (Q: Jan. 2025 )
=Revenue / Average Total Inventories
=Revenue (Q: Jan. 2025 ) / ((Accounts Receivable (Q: Oct. 2024 ) + Accounts Receivable (Q: Jan. 2025 )) / count )
=251.512 / ((135.244 + 201.516) / 2 )
=251.512 / 168.38
=1.49

* 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.


SNS Network Technology Bhd  (XKLS:0259) 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.


SNS Network Technology Bhd Receivables Turnover Related Terms

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SNS Network Technology Bhd Business Description

Traded in Other Exchanges
N/A
Address
61, Jalan Sultan Nazrin Shah, Ipoh, PRK, MYS, 30250
SNS Network Technology Bhd is principally involved in the provision of information and communications technology (ICT) products, services, and solutions. The company's core business activities are the sale of ICT products comprising hardware, devices, and related peripherals, as well as the provision of ICT services and solutions; the provision of device repair and related services, as well as the sale of broadband services. The company derives maximum revenue from the sale of ICT products.

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