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Alpha IVF Group Bhd (XKLS:0303) Receivables Turnover : 149.63 (As of May. 2024)


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What is Alpha IVF 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. Alpha IVF Group Bhd's Revenue for the six months ended in May. 2024 was RM167.6 Mil. Alpha IVF Group Bhd's average Accounts Receivable for the six months ended in May. 2024 was RM1.1 Mil. Hence, Alpha IVF Group Bhd's Receivables Turnover for the six months ended in May. 2024 was 149.63.

Alpha IVF Group Bhd Receivables Turnover Historical Data

The historical data trend for Alpha IVF 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.

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Alpha IVF Group Bhd Receivables Turnover Chart

Alpha IVF Group Bhd Annual Data
Trend May20 May21 May22 May23 May24
Receivables Turnover
137.91 76.81 70.21 99.84 149.63

Alpha IVF Group Bhd Semi-Annual Data
May20 May21 May22 May23 May24
Receivables Turnover 137.91 76.81 70.21 99.84 149.63

Competitive Comparison of Alpha IVF Group Bhd's Receivables Turnover

For the Medical Care Facilities subindustry, Alpha IVF 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.

Alpha IVF Group Bhd's Receivables Turnover Distribution in the Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, Alpha IVF Group Bhd's Receivables Turnover distribution charts can be found below:

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


Alpha IVF Group Bhd Receivables Turnover Calculation

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

Alpha IVF Group Bhd's Receivables Turnover for the fiscal year that ended in May. 2024 is calculated as

Receivables Turnover (A: May. 2024 )
=Revenue / Average Total Inventories
=Revenue (A: May. 2024 ) / ((Accounts Receivable (A: May. 2023 ) + Accounts Receivable (A: May. 2024 )) / count )
=167.586 / ((1.275 + 0.965) / 2 )
=167.586 / 1.12
=149.63

Alpha IVF Group Bhd's Receivables Turnover for the quarter that ended in May. 2024 is calculated as

Receivables Turnover (Q: May. 2024 )
=Revenue / Average Total Inventories
=Revenue (Q: May. 2024 ) / ((Accounts Receivable (Q: May. 2023 ) + Accounts Receivable (Q: May. 2024 )) / count )
=167.586 / ((1.275 + 0.965) / 2 )
=167.586 / 1.12
=149.63

* 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.

Alpha IVF Group Bhd  (XKLS:0303) 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.

Alpha IVF Group Bhd Receivables Turnover Related Terms

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Alpha IVF Group Bhd Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » Alpha IVF Group Bhd (XKLS:0303) » Definitions » Receivables Turnover
Comparable Companies
XKLS:0101 XKLS:0222 XKLS:0243 XKLS:0329 XKLS:0283 XKLS:0332 XKLS:03023 HCA SAU:4013 XTER:FRE SZSE:300015 XKLS:5225 XTER:FME BOM:543220 DVA NSE:APOLLOHOSP THC UHS BKK:BDMS ADX:PUREHEALTH
Traded in Other Exchanges
N/A
Address
Jalan PJU 5/22, G01, Ground Floor, Encorp Strand Mall, Kota Damansara, Darul Ehsan, Petaling Jaya, SGR, MYS, 47810
Website
https://www.alphaivfgroup.com
Alpha IVF Group Bhd is a fertility care specialist. Its focusing on the provision of assisted reproductive services in Malaysia and Singapore, Assisted reproductive services is a general term that includes all types of fertility treatment and procedures to assist people that have difficulties getting pregnant. It offer a range of assisted reproductive services such as IVF, to assist the patient with infertility conditions to achieve clinical pregnancy and also provide other assisted reproductive procedures including intracytoplasmic sperm injection (ICSI), intrauterine insemination (IUI), various diagnostics, testing and screening procedures as well as cryopreservation of eggs, sperm and embryos.

Alpha IVF Group Bhd Headlines

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