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Tuju Setia Bhd (XKLS:5297) Receivables Turnover : 1.25 (As of Dec. 2024)


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What is Tuju Setia 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. Tuju Setia Bhd's Revenue for the three months ended in Dec. 2024 was RM193.3 Mil. Tuju Setia Bhd's average Accounts Receivable for the three months ended in Dec. 2024 was RM154.4 Mil. Hence, Tuju Setia Bhd's Receivables Turnover for the three months ended in Dec. 2024 was 1.25.


Tuju Setia Bhd Receivables Turnover Historical Data

The historical data trend for Tuju Setia 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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Tuju Setia Bhd Receivables Turnover Chart

Tuju Setia Bhd Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Receivables Turnover
Get a 7-Day Free Trial 2.82 3.20 4.44 4.58 3.64

Tuju Setia Bhd Quarterly Data
Dec17 Dec18 Dec19 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 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 0.78 0.87 0.88 0.87 1.25

Competitive Comparison of Tuju Setia Bhd's Receivables Turnover

For the Engineering & Construction subindustry, Tuju Setia 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.


Tuju Setia Bhd's Receivables Turnover Distribution in the Construction Industry

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

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


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Tuju Setia Bhd Receivables Turnover Calculation

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

Tuju Setia 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 )
=585.562 / ((161.251 + 160.602) / 2 )
=585.562 / 160.9265
=3.64

Tuju Setia 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 )
=193.325 / ((148.258 + 160.602) / 2 )
=193.325 / 154.43
=1.25

* 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.


Tuju Setia Bhd  (XKLS:5297) 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.


Tuju Setia Bhd Receivables Turnover Related Terms

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Tuju Setia Bhd Business Description

Traded in Other Exchanges
N/A
Address
No. 31-1, Jalan Puteri 4/8, Bandar Puteri, Selangor Darul Ehsan, Puchong, SGR, MYS, 47100
Tuju Setia Bhd is primarily involved in the provision of construction services including the construction of non-residential and residential buildings in Malaysia.

Tuju Setia Bhd Headlines

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