Jati Tinggi Group Bhd (XKLS:0292) Receivables Turnover : 0.37 (As of Nov. 2024)

View and export this data going back to 2023. Start your Free Trial

What is Jati Tinggi Group 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. Jati Tinggi Group Bhd's Revenue for the three months ended in Nov. 2024 was RM37.1 Mil. Jati Tinggi Group Bhd's average Accounts Receivable for the three months ended in Nov. 2024 was RM99.0 Mil. Hence, Jati Tinggi Group Bhd's Receivables Turnover for the three months ended in Nov. 2024 was 0.37.

Jati Tinggi Group Bhd Receivables Turnover Historical Data

The historical data trend for Jati Tinggi Group 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.

Jati Tinggi Group Bhd Receivables Turnover Chart

Jati Tinggi Group Bhd Annual Data

Trend

Nov20

Nov21

Nov22

Nov23

Nov24

Receivables Turnover

1.97

1.72

3.62

1.45

1.40

Jati Tinggi Group Bhd Quarterly Data
	Nov20	Nov21	Nov22	May23	Aug23	Nov23	Feb24	May24	Aug24	Nov24
Receivables Turnover	Get a 7-Day Free Trial					0.43	0.36	0.43	0.30	0.37

Competitive Comparison of Jati Tinggi Group Bhd's Receivables Turnover

For the Engineering & Construction subindustry, Jati Tinggi Group 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.

Jati Tinggi Group Bhd's Receivables Turnover Distribution in the Construction Industry

For the Construction industry and Industrials sector, Jati Tinggi Group Bhd's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Jati Tinggi Group Bhd's Receivables Turnover falls into.

Save Embed

;

Save Embed

;

Jati Tinggi Group Bhd Receivables Turnover Calculation

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

Jati Tinggi Group Bhd's Receivables Turnover for the fiscal year that ended in Nov. 2024 is calculated as

	Receivables Turnover (A: Nov. 2024 )
=	Revenue	/	Average Total Inventories
=	Revenue (A: Nov. 2024 )	/ (	(Accounts Receivable (A: Nov. 2023 )	+	Accounts Receivable (A: Nov. 2024 ))	/	count )
=	128.014	/ (	(83.936	+	99.166)	/	2 )
=	128.014	/	91.551
=	1.40

Jati Tinggi Group Bhd's Receivables Turnover for the quarter that ended in Nov. 2024 is calculated as

	Receivables Turnover (Q: Nov. 2024 )
=	Revenue	/	Average Total Inventories
=	Revenue (Q: Nov. 2024 )	/ (	(Accounts Receivable (Q: Aug. 2024 )	+	Accounts Receivable (Q: Nov. 2024 ))	/	count )
=	37.118	/ (	(98.863	+	99.166)	/	2 )
=	37.118	/	99.0145
=	0.37

Jati Tinggi Group Bhd (XKLS:0292) 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.

Jati Tinggi Group Bhd Receivables Turnover Related Terms

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

Jati Tinggi Group Bhd Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Jati Tinggi Group Bhd (XKLS:0292) » Definitions » Receivables Turnover

Comparable Companies

Traded in Other Exchanges

N/A

Address

No 23 & 25, Jalan Temenggung 13/9, Bandar Mahkota Cheras, Seksyen 9, Cheras, SGR, MYS, 43200

Website

https://www.jatitinggi.com

Jati Tinggi Group Bhd is a infrastructure utilities engineering solutions company. It has two segments: the provision of underground and overhead utilities engineering services and solutions, and also provide other services, namely substation EPCC services, trading of equipment for substations as well as street lighting services.

Jati Tinggi Group Bhd Headlines

No Headlines