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Ho Hup Construction Co Bhd (XKLS:5169) Receivables Turnover : 0.14 (As of Mar. 2024)


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What is Ho Hup Construction Co 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. Ho Hup Construction Co Bhd's Revenue for the three months ended in Mar. 2024 was RM19.7 Mil. Ho Hup Construction Co Bhd's average Accounts Receivable for the three months ended in Mar. 2024 was RM136.6 Mil. Hence, Ho Hup Construction Co Bhd's Receivables Turnover for the three months ended in Mar. 2024 was 0.14.


Ho Hup Construction Co Bhd Receivables Turnover Historical Data

The historical data trend for Ho Hup Construction Co 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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Ho Hup Construction Co Bhd Receivables Turnover Chart

Ho Hup Construction Co Bhd Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.87 1.32 0.65 0.80 0.99

Ho Hup Construction Co 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 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 0.30 0.34 0.22 0.09 0.14

Competitive Comparison of Ho Hup Construction Co Bhd's Receivables Turnover

For the Engineering & Construction subindustry, Ho Hup Construction Co 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.


Ho Hup Construction Co Bhd's Receivables Turnover Distribution in the Construction Industry

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

* The bar in red indicates where Ho Hup Construction Co Bhd's Receivables Turnover falls into.



Ho Hup Construction Co Bhd Receivables Turnover Calculation

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

Ho Hup Construction Co 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 )
=187.943 / ((196.634 + 181.528) / 2 )
=187.943 / 189.081
=0.99

Ho Hup Construction Co 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 )
=19.688 / ((181.528 + 91.645) / 2 )
=19.688 / 136.5865
=0.14

* 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.


Ho Hup Construction Co Bhd  (XKLS:5169) 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.


Ho Hup Construction Co Bhd Receivables Turnover Related Terms

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Ho Hup Construction Co Bhd (XKLS:5169) Business Description

Traded in Other Exchanges
N/A
Address
Level 18, Ho Hup Tower, No.1, Jalan Persiaran Jalil 1, Bandar Bukit Jalil, Kuala Lumpur, MYS, 57000
Ho Hup Construction Co Bhd is engaged in the activities of investment holding, foundation engineering, civil engineering, building contracting works and the provision of management services for subsidiary companies. Its business division includes Construction, Property development, Building materials, and Others. All the group's revenue is derived from Malaysia.

Ho Hup Construction Co Bhd (XKLS:5169) Headlines

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