Comfort Gloves Bhd (XKLS:2127) Receivables Turnover : 1.34 (As of Mar. 2024)

Comfort Gloves Bhd Receivables Turnover Chart

Comfort Gloves Bhd Annual Data
	Trend	Jan14	Jan15	Jan16	Jan17	Jan18	Jan19	Jan20	Jan21	Dec22	Dec23
Receivables Turnover		Get a 7-Day Free Trial					5.27	5.12	7.31	5.35	5.24

Comfort Gloves Bhd Quarterly Data
	Apr19	Jul19	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Receivables Turnover	Get a 7-Day Free Trial															1.45	1.44	1.14	1.32	1.34

Competitive Comparison of Comfort Gloves Bhd's Receivables Turnover

For the Medical Instruments & Supplies subindustry, Comfort Gloves 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.

Comfort Gloves Bhd's Receivables Turnover Distribution in the Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, Comfort Gloves Bhd's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Comfort Gloves Bhd's Receivables Turnover falls into.

Comfort Gloves Bhd Receivables Turnover Calculation

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

Comfort Gloves Bhd's Receivables Turnover for the fiscal year that ended in Dec. 2023 is calculated as

Comfort Gloves Bhd's Receivables Turnover for the quarter that ended in Mar. 2024 is calculated as

* 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.

Comfort Gloves Bhd  (XKLS:2127) 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.

Comfort Gloves Bhd Receivables Turnover Related Terms

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Comfort Gloves Bhd (XKLS:2127) Business Description