Batu Kawan Bhd (XKLS:1899) Receivables Turnover : 2.05 (As of Dec. 2024)

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What is Batu Kawan 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. Batu Kawan Bhd's Revenue for the three months ended in Dec. 2024 was RM6,124 Mil. Batu Kawan Bhd's average Accounts Receivable for the three months ended in Dec. 2024 was RM2,993 Mil. Hence, Batu Kawan Bhd's Receivables Turnover for the three months ended in Dec. 2024 was 2.05.

Batu Kawan Bhd Receivables Turnover Historical Data

The historical data trend for Batu Kawan 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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Batu Kawan Bhd Receivables Turnover Chart

Batu Kawan Bhd Annual Data

Trend

Sep15

Sep16

Sep17

Sep18

Sep19

Sep20

Sep21

Sep22

Sep23

Sep24

Receivables Turnover

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12.22

12.07

13.52

10.97

9.85

Batu Kawan Bhd Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Receivables Turnover	Get a 7-Day Free Trial															1.92	1.59	1.63	2.03	2.05

Competitive Comparison of Batu Kawan Bhd's Receivables Turnover

For the Conglomerates subindustry, Batu Kawan 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.

Batu Kawan Bhd's Receivables Turnover Distribution in the Conglomerates Industry

For the Conglomerates industry and Industrials sector, Batu Kawan Bhd's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Batu Kawan Bhd's Receivables Turnover falls into.

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Batu Kawan Bhd Receivables Turnover Calculation

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

Batu Kawan Bhd's Receivables Turnover for the fiscal year that ended in Sep. 2024 is calculated as

	Receivables Turnover (A: Sep. 2024 )
=	Revenue	/	Average Total Inventories
=	Revenue (A: Sep. 2024 )	/ (	(Accounts Receivable (A: Sep. 2023 )	+	Accounts Receivable (A: Sep. 2024 ))	/	count )
=	23060.152	/ (	(2421.08	+	2263.171)	/	2 )
=	23060.152	/	2342.1255
=	9.85

Batu Kawan 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 )
=	6123.63	/ (	(2263.171	+	3722.062)	/	2 )
=	6123.63	/	2992.6165
=	2.05

Batu Kawan Bhd (XKLS:1899) 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.

Batu Kawan Bhd Receivables Turnover Related Terms

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Batu Kawan Bhd Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Conglomerates » Batu Kawan Bhd (XKLS:1899) » Definitions » Receivables Turnover

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 1, Jalan S.P. Seenivasagam, Wisma Taiko, Ipoh, PRK, MYS, 30000

Website

https://www.bkawan.com.my

Batu Kawan Bhd is a holding company that focuses on harvesting palm trees and manufacturing and selling rubber and chemical products through its subsidiaries. The firm operates through four segments: plantation, manufacturing, property development, and investment holdings/others. The manufacturing segment generates majority revenue through selling a variety of chemical-based products, including oleochemicals, industrial amides, rubber gloves, and esters. The plantation segment generates the second portion of total revenue by cultivating and processing palm trees into both fresh fruit bunches and rubber products. Geographically, the firm operates in Asia, Europe, Americas, and Africa, with the majority of its revenue generated from Asian and European countries.

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