Pelikan International Bhd (XKLS:5231) Receivables Turnover : 0.83 (As of Mar. 2024)

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What is Pelikan International 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. Pelikan International Bhd's Revenue for the three months ended in Mar. 2024 was RM31.0 Mil. Pelikan International Bhd's average Accounts Receivable for the three months ended in Mar. 2024 was RM37.5 Mil. Hence, Pelikan International Bhd's Receivables Turnover for the three months ended in Mar. 2024 was 0.83.

Pelikan International Bhd Receivables Turnover Historical Data

The historical data trend for Pelikan International 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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Pelikan International Bhd Receivables Turnover Chart

Pelikan International Bhd Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Receivables Turnover

Get a 7-Day Free Trial

6.60

6.48

7.19

0.14

0.26

Pelikan International 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															0.01	1.13	0.08	-	0.83

Competitive Comparison of Pelikan International Bhd's Receivables Turnover

For the Specialty Business Services subindustry, Pelikan International 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.

Pelikan International Bhd's Receivables Turnover Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Pelikan International Bhd's Receivables Turnover distribution charts can be found below:

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

Pelikan International Bhd Receivables Turnover Calculation

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

Pelikan International 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 )
=	21.734	/ (	(145.945	+	19.582)	/	2 )
=	21.734	/	82.7635
=	0.26

Pelikan International 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 )
=	30.989	/ (	(19.582	+	55.461)	/	2 )
=	30.989	/	37.5215
=	0.83

Pelikan International Bhd (XKLS:5231) 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.

Pelikan International Bhd Receivables Turnover Related Terms

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Pelikan International Bhd (XKLS:5231) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Pelikan International Corp Bhd (XKLS:5231) » Definitions » Receivables Turnover

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Traded in Other Exchanges

N/A

Address

No. 9, Jalan Pemaju U1/15, Seksyen U1, Hicom Glenmarie Industrial Park, Shah Alam, SGR, MYS, 40150

Website

https://www.pelikan.com

Pelikan International Corp Bhd and its subsidiaries are engaged in the manufacturing and distribution of writing instruments, art, painting, and hobby products, school and office stationery, printer consumables, and papeterie products. Geographically it operates through the region of Germany, the Rest of Europe, the Americas, and the Rest of the World. The company distributes its products under the Pelikan, herlitz, Susy Card, and Geha brands through wholesalers, dealers, retailers, hypermarkets, schools, and specialized stores. It derives its revenue from the German region.

Pelikan International Bhd (XKLS:5231) Headlines

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