Genting Plantations Bhd (XKLS:2291) Receivables Turnover : 2.03 (As of Dec. 2023)

View and export this data going back to 1982. Start your Free Trial

What is Genting Plantations 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. Genting Plantations Bhd's Revenue for the three months ended in Dec. 2023 was RM800 Mil. Genting Plantations Bhd's average Accounts Receivable for the three months ended in Dec. 2023 was RM395 Mil. Hence, Genting Plantations Bhd's Receivables Turnover for the three months ended in Dec. 2023 was 2.03.

Genting Plantations Bhd Receivables Turnover Historical Data

The historical data trend for Genting Plantations 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.

Genting Plantations Bhd Receivables Turnover Chart

Genting Plantations Bhd Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Receivables Turnover

Get a 7-Day Free Trial

16.10

12.25

12.07

14.65

19.90

Genting Plantations Bhd Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Receivables Turnover	Get a 7-Day Free Trial															2.14	1.85	1.52	1.24	2.03

Competitive Comparison of Genting Plantations Bhd's Receivables Turnover

For the Farm Products subindustry, Genting Plantations 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.

Genting Plantations Bhd's Receivables Turnover Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Genting Plantations Bhd's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Genting Plantations Bhd's Receivables Turnover falls into.

Genting Plantations Bhd Receivables Turnover Calculation

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

Genting Plantations 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 )
=	2966.451	/ (	(163.125	+	134.944)	/	2 )
=	2966.451	/	149.0345
=	19.90

Genting Plantations Bhd's Receivables Turnover for the quarter that ended in Dec. 2023 is calculated as

	Receivables Turnover (Q: Dec. 2023 )
=	Revenue	/	Average Total Inventories
=	Revenue (Q: Dec. 2023 )	/ (	(Accounts Receivable (Q: Sep. 2023 )	+	Accounts Receivable (Q: Dec. 2023 ))	/	count )
=	800.459	/ (	(655.176	+	134.944)	/	2 )
=	800.459	/	395.06
=	2.03

Genting Plantations Bhd (XKLS:2291) 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.

Genting Plantations Bhd Receivables Turnover Related Terms

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

Genting Plantations Bhd (XKLS:2291) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Genting Plantations Bhd (XKLS:2291) » Definitions » Receivables Turnover

Comparable Companies

Traded in Other Exchanges

N/A

Address

Jalan Sultan Ismail, 10th Floor, Wisma Genting, Kuala Lumpur, SGR, MYS, 50250

Website

https://www.gentingplantations.com

Genting Plantations Bhd is engaged in the oil palm plantation business. It operates in five segments: Plantation, which includes upstream activities relating to oil palm plantations in Malaysia and Indonesia; Property segment includes activities relating to property development and property investment; AgTech segment is into genomics research and development; Downstream Manufacturing segment related to manufacturing and sale of palm oil derivative products; and Others. Geographically, it operates in two segments, namely Malaysia and Indonesia, of which the vast majority of its revenue comes from Malaysia.

Genting Plantations Bhd (XKLS:2291) Headlines

No Headlines