Agricore CS Holdings Bhd (XKLS:0309) Receivables Turnover : 1.87 (As of Dec. 2024)

View and export this data going back to 2024. Start your Free Trial

What is Agricore CS 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. Agricore CS Holdings Bhd's Revenue for the three months ended in Dec. 2024 was RM37.1 Mil. Agricore CS Holdings Bhd's average Accounts Receivable for the three months ended in Dec. 2024 was RM19.9 Mil. Hence, Agricore CS Holdings Bhd's Receivables Turnover for the three months ended in Dec. 2024 was 1.87.

Agricore CS Holdings Bhd Receivables Turnover Historical Data

The historical data trend for Agricore CS 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.

* Premium members only.

Agricore CS Holdings Bhd Receivables Turnover Chart

Agricore CS Holdings Bhd Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Dec24

Receivables Turnover

9.07

8.56

8.50

8.12

7.50

Agricore CS Holdings Bhd Quarterly Data
	Dec20	Dec21	Dec22	Dec23	Jun24	Sep24	Dec24
Receivables Turnover	Get a 7-Day Free Trial			-	-	1.93	1.90	1.87

Competitive Comparison of Agricore CS Holdings Bhd's Receivables Turnover

For the Food Distribution subindustry, Agricore CS 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.

Agricore CS Holdings Bhd's Receivables Turnover Distribution in the Retail - Defensive Industry

For the Retail - Defensive industry and Consumer Defensive sector, Agricore CS Holdings Bhd's Receivables Turnover distribution charts can be found below:

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

Save Embed

;

Save Embed

;

Agricore CS Holdings Bhd Receivables Turnover Calculation

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

Agricore CS 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 )
=	143.962	/ (	(18.109	+	20.274)	/	2 )
=	143.962	/	19.1915
=	7.50

Agricore CS 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 )
=	37.121	/ (	(19.534	+	20.274)	/	2 )
=	37.121	/	19.904
=	1.87

Agricore CS Holdings Bhd (XKLS:0309) 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.

Agricore CS Holdings Bhd Receivables Turnover Related Terms

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

Agricore CS Holdings Bhd Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Retail - Defensive » Agricore CS Holdings Bhd (XKLS:0309) » Definitions » Receivables Turnover

Comparable Companies

Traded in Other Exchanges

N/A

Address

1173, Jalan Perindustrian Bukit Minyak 2, Kawasan Perindustrian Bukit Minyak, Bukit Mertajam, PNG, MYS, 14100

Website

https://www.agricore.com.my

Agricore CS Holdings Bhd is principally involved in the sourcing, distribution and production of food ingredients. its core business activities are segmented as follows: (a) sourcing and distribution of plant-based agricultural food ingredients comprising starch products, beans and pulses, grain products and other related products; and (b) production and sale of food additives and fried shallots.

Agricore CS Holdings Bhd Headlines

No Headlines