IGB Commercial REIT (XKLS:5299) Receivables Turnover : 7.86 (As of Mar. 2025)

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What is IGB Commercial REIT 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. IGB Commercial REIT's Revenue for the three months ended in Mar. 2025 was RM62.3 Mil. IGB Commercial REIT's average Accounts Receivable for the three months ended in Mar. 2025 was RM7.9 Mil. Hence, IGB Commercial REIT's Receivables Turnover for the three months ended in Mar. 2025 was 7.86.

IGB Commercial REIT Receivables Turnover Historical Data

The historical data trend for IGB Commercial REIT'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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IGB Commercial REIT Receivables Turnover Chart

IGB Commercial REIT Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Receivables Turnover

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116.37

142.29

141.32

IGB Commercial REIT Quarterly Data
	Mar21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24	Mar25
Receivables Turnover	Get a 7-Day Free Trial											8.26	5.18	4.35	6.92	7.86

Competitive Comparison of IGB Commercial REIT's Receivables Turnover

For the REIT - Office subindustry, IGB Commercial REIT'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.

IGB Commercial REIT's Receivables Turnover Distribution in the REITs Industry

For the REITs industry and Real Estate sector, IGB Commercial REIT's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where IGB Commercial REIT's Receivables Turnover falls into.

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IGB Commercial REIT Receivables Turnover Calculation

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

IGB Commercial REIT'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 )
=	230.985	/ (	(1.892	+	1.377)	/	2 )
=	230.985	/	1.6345
=	141.32

IGB Commercial REIT's Receivables Turnover for the quarter that ended in Mar. 2025 is calculated as

	Receivables Turnover (Q: Mar. 2025 )
=	Revenue	/	Average Total Inventories
=	Revenue (Q: Mar. 2025 )	/ (	(Accounts Receivable (Q: Dec. 2024 )	+	Accounts Receivable (Q: Mar. 2025 ))	/	count )
=	62.305	/ (	(1.377	+	14.485)	/	2 )
=	62.305	/	7.931
=	7.86

IGB Commercial REIT (XKLS:5299) 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.

IGB Commercial REIT Receivables Turnover Related Terms

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IGB Commercial REIT Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » IGB Commercial REIT (XKLS:5299) » Definitions » Receivables Turnover

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Address

Lingkaran Syed Putra, Level 32, The Gardens South Tower, Mid Valley City, Kuala Lumpur, SGR, MYS, 59200

Website

https://www.igbcomreit.com

IGB Commercial REIT is established to provide unitholders with regular and stable distributions, sustainable long-term unit price and distributable income and capital growth, while maintaining an appropriate capital structure, by investing directly and indirectly in a portfolio of income-producing real estate used predominantly for commercial purposes in Malaysia and overseas. The trust's investment portfolio mainly comprises commercial properties with office and retail spaces, and includes the Gardens South Tower, Centrepoint North, The Gardens North Tower, GTower, and other properties.

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