Maxim Global Bhd (XKLS:4022) Receivables Turnover : 2.60 (As of Dec. 2024)

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What is Maxim Global 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. Maxim Global Bhd's Revenue for the three months ended in Dec. 2024 was RM92.0 Mil. Maxim Global Bhd's average Accounts Receivable for the three months ended in Dec. 2024 was RM35.3 Mil. Hence, Maxim Global Bhd's Receivables Turnover for the three months ended in Dec. 2024 was 2.60.

Maxim Global Bhd Receivables Turnover Historical Data

The historical data trend for Maxim Global 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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Maxim Global Bhd Receivables Turnover Chart

Maxim Global Bhd Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Receivables Turnover

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13.77

10.97

6.36

2.01

8.25

Maxim Global 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															0.75	1.81	1.70	1.66	2.60

Competitive Comparison of Maxim Global Bhd's Receivables Turnover

For the Real Estate - Development subindustry, Maxim Global 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.

Maxim Global Bhd's Receivables Turnover Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Maxim Global Bhd's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Maxim Global Bhd's Receivables Turnover falls into.

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Maxim Global Bhd Receivables Turnover Calculation

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

Maxim Global Bhd's Receivables Turnover for the fiscal year that ended in Dec. 2024 is calculated as

	Receivables Turnover (A: Dec. 2024 )
=	Revenue	/	Average Total Inventories
=	Revenue (A: Dec. 2024 )	/ (	(Accounts Receivable (A: Dec. 2023 )	+	Accounts Receivable (A: Dec. 2024 ))	/	count )
=	329.907	/ (	(49.346	+	30.639)	/	2 )
=	329.907	/	39.9925
=	8.25

Maxim Global 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 )
=	91.976	/ (	(39.984	+	30.639)	/	2 )
=	91.976	/	35.3115
=	2.60

Maxim Global Bhd (XKLS:4022) 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.

Maxim Global Bhd Receivables Turnover Related Terms

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Maxim Global Bhd Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Maxim Global Bhd (XKLS:4022) » Definitions » Receivables Turnover

Traded in Other Exchanges

N/A

Address

No. 2D, Jalan SS 6/6, Kelana Jaya, Petaling Jaya, SGR, MYS, 47301

Website

http://www.maximholdings.com.my

Maxim Global Bhd is a property development company. The company is mainly involved in five operating segments: Property development and construction; Energy; Industrial supplies; Timber and palm oil plantation; Investment holding and others. The company generates maximum revenue from the Property development and construction segment. All of the revenues are generated from Malaysia.

Maxim Global Bhd Headlines

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