SBH Marine Holdings Bhd (XKLS:0300) Receivables Turnover : 1.78 (As of Dec. 2024)

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What is SBH Marine Holdings 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. SBH Marine Holdings Bhd's Revenue for the three months ended in Dec. 2024 was RM53.8 Mil. SBH Marine Holdings Bhd's average Accounts Receivable for the three months ended in Dec. 2024 was RM30.3 Mil. Hence, SBH Marine Holdings Bhd's Receivables Turnover for the three months ended in Dec. 2024 was 1.78.

SBH Marine Holdings Bhd Receivables Turnover Historical Data

The historical data trend for SBH Marine Holdings 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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SBH Marine Holdings Bhd Receivables Turnover Chart

SBH Marine Holdings Bhd Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Dec24

Receivables Turnover

5.69

6.91

6.06

5.99

6.83

SBH Marine Holdings Bhd Quarterly Data
	Dec20	Dec21	Dec22	Sep23	Dec23	Jun24	Sep24	Dec24
Receivables Turnover	Get a 7-Day Free Trial			-	1.38	1.21	1.58	1.78

Competitive Comparison of SBH Marine Holdings Bhd's Receivables Turnover

For the Packaged Foods subindustry, SBH Marine Holdings 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.

SBH Marine Holdings Bhd's Receivables Turnover Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, SBH Marine Holdings Bhd's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where SBH Marine Holdings Bhd's Receivables Turnover falls into.

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SBH Marine Holdings Bhd Receivables Turnover Calculation

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

SBH Marine Holdings Bhd's Receivables Turnover for the fiscal year that ended in Dec. 2024 is calculated as

	Receivables Turnover (A: Dec. 2024 )
=	Revenue	/	Average Total Inventories
=	Revenue (A: Dec. 2024 )	/ (	(Accounts Receivable (A: Dec. 2023 )	+	Accounts Receivable (A: Dec. 2024 ))	/	count )
=	192.728	/ (	(33.718	+	22.718)	/	2 )
=	192.728	/	28.218
=	6.83

SBH Marine Holdings 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 )
=	53.802	/ (	(37.872	+	22.718)	/	2 )
=	53.802	/	30.295
=	1.78

SBH Marine Holdings Bhd (XKLS:0300) 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.

SBH Marine Holdings Bhd Receivables Turnover Related Terms

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SBH Marine Holdings Bhd Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » SBH Marine Holdings Bhd (XKLS:0300) » Definitions » Receivables Turnover

Comparable Companies

Traded in Other Exchanges

N/A

Address

Jalan Pantai, Lot 1744, Batu 13, Kuala Kurau, PRK, MYS

Website

https://www.sbhmarine.com

SBH Marine Holdings Bhd is a frozen seafood processing group. It involves various stages of the value chain, from aquaculture shrimp farming to the processing and sale of frozen seafood products to both local as well as overseas customers, merchant trading of frozen processed seafood products, and distribution and trading of aquaculture-related products (such as shrimp feed, post larvae, probiotics, and test kits).n Key revenue is generated from the processing and sale of frozen seafood products which includes shrimps and cephalopods in the form of block frozen, semiIQF and IQF.

SBH Marine Holdings Bhd Headlines

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