Smile-Link Healthcare Global Bhd (XKLS:03023) Receivables Turnover : 1.59 (As of Jun. 2024)

View and export this data going back to 2019. Start your Free Trial

What is Smile-Link Healthcare Global 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. Smile-Link Healthcare Global Bhd's Revenue for the six months ended in Jun. 2024 was RM14.31 Mil. Smile-Link Healthcare Global Bhd's average Accounts Receivable for the six months ended in Jun. 2024 was RM9.03 Mil. Hence, Smile-Link Healthcare Global Bhd's Receivables Turnover for the six months ended in Jun. 2024 was 1.59.

Smile-Link Healthcare Global Bhd Receivables Turnover Historical Data

The historical data trend for Smile-Link Healthcare Global 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.

Smile-Link Healthcare Global Bhd Receivables Turnover Chart

Smile-Link Healthcare Global Bhd Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Receivables Turnover

Get a 7-Day Free Trial

19.06

21.71

17.10

11.34

15.92

Smile-Link Healthcare Global Bhd Semi-Annual Data
	Dec16	Dec17	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Jun24
Receivables Turnover	Get a 7-Day Free Trial								3.25	3.01	4.87	3.38	1.59

Competitive Comparison of Smile-Link Healthcare Global Bhd's Receivables Turnover

For the Medical Care Facilities subindustry, Smile-Link Healthcare Global 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.

Smile-Link Healthcare Global Bhd's Receivables Turnover Distribution in the Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, Smile-Link Healthcare Global Bhd's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Smile-Link Healthcare Global Bhd's Receivables Turnover falls into.

Smile-Link Healthcare Global Bhd Receivables Turnover Calculation

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

Smile-Link Healthcare Global Bhd's Receivables Turnover for the fiscal year that ended in Dec. 2022 is calculated as

	Receivables Turnover (A: Dec. 2022 )
=	Revenue	/	Average Total Inventories
=	Revenue (A: Dec. 2022 )	/ (	(Accounts Receivable (A: Dec. 2021 )	+	Accounts Receivable (A: Dec. 2022 ))	/	count )
=	34.525	/ (	(3.717	+	0.619)	/	2 )
=	34.525	/	2.168
=	15.92

Smile-Link Healthcare Global Bhd's Receivables Turnover for the quarter that ended in Jun. 2024 is calculated as

	Receivables Turnover (Q: Jun. 2024 )
=	Revenue	/	Average Total Inventories
=	Revenue (Q: Jun. 2024 )	/ (	(Accounts Receivable (Q: Jun. 2023 )	+	Accounts Receivable (Q: Jun. 2024 ))	/	count )
=	14.31	/ (	(9.523	+	8.527)	/	2 )
=	14.31	/	9.025
=	1.59

Smile-Link Healthcare Global Bhd (XKLS:03023) 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.

Smile-Link Healthcare Global Bhd Receivables Turnover Related Terms

Thank you for viewing the detailed overview of Smile-Link Healthcare Global Bhd's Receivables Turnover provided by GuruFocus.com. Please click on the following links to see related term pages.

Smile-Link Healthcare Global Bhd Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » Smile-Link Healthcare Global Bhd (XKLS:03023) » Definitions » Receivables Turnover

Comparable Companies

Traded in Other Exchanges

N/A

Address

Lot PT 7221, Jalan Merah Caga, Taman Sri Endah, Bandar Baru Sri Petaling, Kuala Lumpur, MYS, 57000

Website

https://www.smile-link.com/

Smile-Link Healthcare Global Bhd is engaged in providing dental healthcare services in Malaysia.

Smile-Link Healthcare Global Bhd Headlines

No Headlines