Bumi Armada Bhd (XKLS:5210) Receivables Turnover : 0.83 (As of Mar. 2024)

View and export this data going back to 2011. Start your Free Trial

What is Bumi Armada 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. Bumi Armada Bhd's Revenue for the three months ended in Mar. 2024 was RM636 Mil. Bumi Armada Bhd's average Accounts Receivable for the three months ended in Mar. 2024 was RM768 Mil. Hence, Bumi Armada Bhd's Receivables Turnover for the three months ended in Mar. 2024 was 0.83.

Bumi Armada Bhd Receivables Turnover Historical Data

The historical data trend for Bumi Armada 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.

Bumi Armada Bhd Receivables Turnover Chart

Bumi Armada Bhd Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Receivables Turnover

Get a 7-Day Free Trial

3.53

4.81

4.30

4.81

3.62

Bumi Armada 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															1.08	1.00	1.30	1.14	0.83

Competitive Comparison of Bumi Armada Bhd's Receivables Turnover

For the Oil & Gas Equipment & Services subindustry, Bumi Armada 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.

Bumi Armada Bhd's Receivables Turnover Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Bumi Armada Bhd's Receivables Turnover distribution charts can be found below:

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

Bumi Armada Bhd Receivables Turnover Calculation

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

Bumi Armada 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 )
=	2133.089	/ (	(506.945	+	671.303)	/	2 )
=	2133.089	/	589.124
=	3.62

Bumi Armada 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 )
=	635.538	/ (	(671.303	+	865)	/	2 )
=	635.538	/	768.1515
=	0.83

Bumi Armada Bhd (XKLS:5210) 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.

Bumi Armada Bhd Receivables Turnover Related Terms

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

Bumi Armada Bhd (XKLS:5210) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Bumi Armada Bhd (XKLS:5210) » Definitions » Receivables Turnover

Comparable Companies

Traded in Other Exchanges

N/A

Address

24, Jalan Perak, Level 21, Menara Perak, Kuala Lumpur, MYS, 50450

Website

https://www.bumiarmada.com

Bumi Armada Bhd is an international provider of offshore energy facilities and services. The company operates in two business segments. The Floating Production segment consists of Floating Production Storage Offloading and Floating Gas Solutions & Operations. The Offshore Marine Services segment consists of Offshore Support Vessel and Subsea Construction. The firm own, operate and provide FPSO vessels that are used for receiving hydrocarbons sourced from oilfields, focus on innovative solutions for the offshore liquefied natural gas industry; own, operate and charter vessels to provide support for exploration, development and production activities in the offshore oil and gas industry. Its geographical segments include Malaysia, Asia (excluding Malaysia), Africa, Europe, and Latin America.

Bumi Armada Bhd (XKLS:5210) Headlines

No Headlines