Muda Holdings Bhd (XKLS:3883) Receivables Turnover : 1.55 (As of Sep. 2024)

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What is Muda 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. Muda Holdings Bhd's Revenue for the three months ended in Sep. 2024 was RM334 Mil. Muda Holdings Bhd's average Accounts Receivable for the three months ended in Sep. 2024 was RM216 Mil. Hence, Muda Holdings Bhd's Receivables Turnover for the three months ended in Sep. 2024 was 1.55.

Muda Holdings Bhd Receivables Turnover Historical Data

The historical data trend for Muda 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.

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Muda Holdings Bhd Receivables Turnover Chart

Muda Holdings Bhd Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Receivables Turnover

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5.83

5.42

5.82

6.04

Muda Holdings Bhd Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Receivables Turnover	Get a 7-Day Free Trial															1.47	1.88	1.52	1.45	1.55

Competitive Comparison of Muda Holdings Bhd's Receivables Turnover

For the Paper & Paper Products subindustry, Muda 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.

Muda Holdings Bhd's Receivables Turnover Distribution in the Forest Products Industry

For the Forest Products industry and Basic Materials sector, Muda Holdings Bhd's Receivables Turnover distribution charts can be found below:

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

Muda Holdings Bhd Receivables Turnover Calculation

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

Muda Holdings 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 )
=	1505.427	/ (	(260.385	+	238.026)	/	2 )
=	1505.427	/	249.2055
=	6.04

Muda Holdings Bhd's Receivables Turnover for the quarter that ended in Sep. 2024 is calculated as

	Receivables Turnover (Q: Sep. 2024 )
=	Revenue	/	Average Total Inventories
=	Revenue (Q: Sep. 2024 )	/ (	(Accounts Receivable (Q: Jun. 2024 )	+	Accounts Receivable (Q: Sep. 2024 ))	/	count )
=	333.547	/ (	(221.663	+	209.731)	/	2 )
=	333.547	/	215.697
=	1.55

Muda Holdings Bhd (XKLS:3883) 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.

Muda Holdings Bhd Receivables Turnover Related Terms

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Muda Holdings Bhd Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Forest Products » Muda Holdings Bhd (XKLS:3883) » Definitions » Receivables Turnover

Comparable Companies

Traded in Other Exchanges

N/A

Address

Lot 7, Jalan 51A/241, Petaling Jaya, SGR, MYS, 46100

Website

https://www.muda.com.my

Muda Holdings Bhd is a Malaysia-based company, that operates in the paper and paper packaging industry. The business activity of the firm functions through the Manufacturing and Trading segments. The Manufacturing segment is engaged in manufacturing various types of industrial paper, corrugated cartons, paper bags, paper stationery, and paper-based food packaging products. The Trading segment is engaged in the trading of paper, recovered paper, and stationery products. Geographically the firm has its business presence across the region of Malaysia, Singapore, the People's Republic of China, and Australia. It derives maximum revenue from Manufacturing segment.

Muda Holdings Bhd Headlines

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