ECM Libra Group Bhd (XKLS:2143) Receivables Turnover : 1.62 (As of Mar. 2024)

View and export this data going back to 2005. Start your Free Trial

What is ECM Libra 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. ECM Libra Group Bhd's Revenue for the three months ended in Mar. 2024 was RM10.10 Mil. ECM Libra Group Bhd's average Accounts Receivable for the three months ended in Mar. 2024 was RM6.22 Mil. Hence, ECM Libra Group Bhd's Receivables Turnover for the three months ended in Mar. 2024 was 1.62.

ECM Libra Group Bhd Receivables Turnover Historical Data

The historical data trend for ECM Libra 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.

* Premium members only.

ECM Libra Group Bhd Receivables Turnover Chart

ECM Libra Group Bhd Annual Data

Trend

Jan14

Jan15

Jan16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Receivables Turnover

Get a 7-Day Free Trial

10.51

21.96

19.79

25.05

23.24

ECM Libra Group Bhd Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Receivables Turnover	Get a 7-Day Free Trial															2.94	2.09	1.23	1.57	1.62

Competitive Comparison of ECM Libra Group Bhd's Receivables Turnover

For the Lodging subindustry, ECM Libra 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.

ECM Libra Group Bhd's Receivables Turnover Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, ECM Libra Group Bhd's Receivables Turnover distribution charts can be found below:

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

ECM Libra Group Bhd Receivables Turnover Calculation

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

ECM Libra Group Bhd's Receivables Turnover for the fiscal year that ended in Dec. 2023 is calculated as

	Receivables Turnover (A: Dec. 2023 )
=	Revenue	/	Average Total Inventories
=	Revenue (A: Dec. 2023 )	/ (	(Accounts Receivable (A: Dec. 2022 )	+	Accounts Receivable (A: Dec. 2023 ))	/	count )
=	36.643	/ (	(1.424	+	1.73)	/	2 )
=	36.643	/	1.577
=	23.24

ECM Libra Group Bhd's Receivables Turnover for the quarter that ended in Mar. 2024 is calculated as

	Receivables Turnover (Q: Mar. 2024 )
=	Revenue	/	Average Total Inventories
=	Revenue (Q: Mar. 2024 )	/ (	(Accounts Receivable (Q: Dec. 2023 )	+	Accounts Receivable (Q: Mar. 2024 ))	/	count )
=	10.101	/ (	(1.73	+	10.718)	/	2 )
=	10.101	/	6.224
=	1.62

ECM Libra Group Bhd (XKLS:2143) 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.

ECM Libra Group Bhd Receivables Turnover Related Terms

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

ECM Libra Group Bhd (XKLS:2143) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » ECM Libra Group Bhd (XKLS:2143) » Definitions » Receivables Turnover

Comparable Companies

Traded in Other Exchanges

N/A

Address

8 Jalan Damansara Endah, Ground Floor, East Wing, Bangunan ECM Libra, Damansara Heights, Kuala Lumpur, MYS, 50490

Website

http://www.ecmlibra.com

ECM Libra Group Bhd is a Malaysia-based company, which is engaged in investment holding and provision of management services. The business of the company is classified into various segments which include Investment holding, Structured financing, and Hospitality. The investment holding segment includes general investments and corporate-related activities. The fund management segment includes unit trust funds and asset management. The structured financing segment includes structured lending and financial services-related activities. The Hospitality segment includes management and operations of hotels and restaurants and investment in the hospitality-related business through joint ventures.

ECM Libra Group Bhd (XKLS:2143) Headlines

No Headlines