Varia Bhd (XKLS:5006) Receivables Turnover: 1.00 (As of Jun. 2024)

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XKLS:5006 Varia Bhd XKLS:5006
4 GF Score
Price RM0.85
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What is Varia Bhd Receivables Turnover?

Varia Bhd XKLS:5006 -1.74% 4 Receivables Turnover is 1.00 as of Jun. 2024. GuruFocus rates XKLS:5006 with a GF Score™ of 4/100.

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. Varia Bhd's Revenue for the three months ended in Jun. 2024 was RM84.9 Mil. Varia Bhd's average Accounts Receivable for the three months ended in Jun. 2024 was RM84.7 Mil. Hence, Varia Bhd's Receivables Turnover for the three months ended in Jun. 2024 was 1.00.


Varia Bhd  (XKLS:5006) 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.


Varia Bhd Receivables Turnover Related Terms


Varia Bhd Receivables Turnover Historical Data

* Premium members only.

The historical data trend for Varia 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.

Varia Bhd Receivables Turnover Chart

Varia Bhd Annual Data
Trend Jan12 Jan13 Jan14 Jan15 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.17 3.58 6.13 3.83 3.49

Varia Bhd Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Jun24
Receivables Turnover Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.00 1.79 1.20 1.09 1.00

XKLS:5006 vs PWR, EME: Receivables Turnover Comparison

For the Engineering & Construction subindustry, Varia 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.


Varia Bhd Receivables Turnover vs Construction Industry

For the Construction industry and Industrials sector, Varia Bhd's Receivables Turnover distribution charts can be found below:

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


XKLS:5006
4GF Score
Varia Bhd XKLS:5006
Receivables Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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Varia Bhd Receivables Turnover Calculation

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

Varia Bhd's Receivables Turnover for the fiscal year that ended in Mar. 2022 is calculated as

Receivables Turnover (A: Mar. 2022 )
=Revenue / Average Accounts Receivable
=Revenue (A: Mar. 2022 ) / ((Accounts Receivable (A: Mar. 2021 ) + Accounts Receivable (A: Mar. 2022 )) / count )
=51.959 / ((18.321 + 11.464) / 2 )
=51.959 / 14.8925
=3.49

Varia Bhd's Receivables Turnover for the quarter that ended in Jun. 2024 is calculated as

Receivables Turnover (Q: Jun. 2024 )
=Revenue / Average Accounts Receivable
=Revenue (Q: Jun. 2024 ) / ((Accounts Receivable (Q: Dec. 2023 ) + Accounts Receivable (Q: Jun. 2024 )) / count )
=84.865 / ((54.062 + 115.348) / 2 )
=84.865 / 84.705
=1.00

* 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.

Frequently Asked Questions Learn more about Receivables Turnover →
What does a Receivables Turnover of 1.00 mean?
Varia Bhd (XKLS:5006) has a Receivables Turnover of 1.00 as of Jun. 2024. The accounts 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. View historical data on Varia Bhd and its competitors.
Is Varia Bhd's Receivables Turnover too high?
Varia Bhd's current Receivables Turnover is 1.00. The Construction industry median Receivables Turnover is 4.78. Varia Bhd's value of 1.00 is 79.1% below this industry median. Overall, Varia Bhd has a GF Score™ of 4/100, reflecting its overall financial health beyond just this single metric.
How does Varia Bhd's Receivables Turnover compare to PWR and EME?
Varia Bhd's Receivables Turnover of 1.00 can be compared against companies in the Construction industry. The industry median Receivables Turnover is 4.78. Varia Bhd's value of 1.00 is 79.1% below this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Receivables Turnover for a Construction company?
The median Receivables Turnover among Construction companies is 4.78, based on 1,760 companies in the industry. Companies in the top quartile (top 25%) have a Receivables Turnover significantly above this median, while those in the bottom quartile fall well below. However, Receivables Turnover should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Varia Bhd's current Receivables Turnover of 1.00 is 79.1% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Receivables Turnover mean?
A high Receivables Turnover can signal that a stock is expensive relative to its fundamentals. The accounts 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. View historical data on Varia Bhd and its competitors. For the Construction industry, the median Receivables Turnover is 4.78 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Varia Bhd's current Receivables Turnover is 1.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Varia Bhd stock overvalued right now?
Varia Bhd (XKLS:5006) has a current Receivables Turnover of 1.00. The current Receivables Turnover is 1.00 and 79.1% below the Construction industry median of 4.78. Varia Bhd's overall GF Score™ is 4/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Receivables Turnover calculated?
Receivables Turnover is calculated from a company's financial statements. For Varia Bhd (XKLS:5006), the current Receivables Turnover is 1.00 as of Jun. 2024. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Varia Bhd Business Description

Address Pusat Dagangan Phileo Damansara 1, No. 9, Jalan 16/11, Off Jalan Damansara, 1105, Block E, Level 11, Petaling Jaya, SGR, MYS, 46350
Varia Bhd formerly Stella Holdings Bhd is an investment holding company. The company's segment includes Investment holding; Construction; Property investment; Property development; and others. It generates maximum revenue from the Construction segment. The Construction segment includes Construction of civil and structural, mechanical and electrical works and project management.
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