CPE Technology Bhd (XKLS:5317) Receivables Turnover : 1.40 (As of Dec. 2024)

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What is CPE Technology 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. CPE Technology Bhd's Revenue for the three months ended in Dec. 2024 was RM33.2 Mil. CPE Technology Bhd's average Accounts Receivable for the three months ended in Dec. 2024 was RM23.7 Mil. Hence, CPE Technology Bhd's Receivables Turnover for the three months ended in Dec. 2024 was 1.40.

CPE Technology Bhd Receivables Turnover Historical Data

The historical data trend for CPE Technology 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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CPE Technology Bhd Receivables Turnover Chart

CPE Technology Bhd Annual Data

Trend

Jun19

Jun20

Jun21

Jun22

Jun23

Jun24

Receivables Turnover

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5.69

5.90

6.77

6.71

5.01

CPE Technology Bhd Quarterly Data
	Jun19	Jun20	Jun21	Jun22	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Receivables Turnover	Get a 7-Day Free Trial						1.11	1.02	1.16	1.50	1.40

Competitive Comparison of CPE Technology Bhd's Receivables Turnover

For the Electronic Components subindustry, CPE Technology 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.

CPE Technology Bhd's Receivables Turnover Distribution in the Hardware Industry

For the Hardware industry and Technology sector, CPE Technology Bhd's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where CPE Technology Bhd's Receivables Turnover falls into.

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CPE Technology Bhd Receivables Turnover Calculation

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

CPE Technology Bhd's Receivables Turnover for the fiscal year that ended in Jun. 2024 is calculated as

	Receivables Turnover (A: Jun. 2024 )
=	Revenue	/	Average Total Inventories
=	Revenue (A: Jun. 2024 )	/ (	(Accounts Receivable (A: Jun. 2023 )	+	Accounts Receivable (A: Jun. 2024 ))	/	count )
=	90.07	/ (	(18.165	+	17.766)	/	2 )
=	90.07	/	17.9655
=	5.01

CPE Technology 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 )
=	33.198	/ (	(21.25	+	26.218)	/	2 )
=	33.198	/	23.734
=	1.40

CPE Technology Bhd (XKLS:5317) 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.

CPE Technology Bhd Receivables Turnover Related Terms

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CPE Technology Bhd Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » CPE Technology Bhd (XKLS:5317) » Definitions » Receivables Turnover

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Traded in Other Exchanges

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Address

No. 6, Jalan Indah Gemilang 5, Taman Perindustrian Gemilang, Ulu Tiram, JHR, MYS, 81800

Website

https://www.cpetbhd.com

CPE Technology Bhd is an investment holding company that focuses on manufacturing precision-machined parts and components through its subsidiaries. The company is involved in precision machining and mechanical sub-assembly including CNC Turning & Milling, Turn-Mill, and finishing processes. It also engages in the trading of precision machine parts and components. The company uses computer numerically controlled machinery integrated with CAD/CAM software to manufacture parts and assemblies that are used in sectors like semiconductors, automotive, healthcare, and oil and gas among others. Geographically, the company generates maximum revenue from the United States, and the rest from Singapore, Malaysia, Italy, Japan, Thailand, and other regions.

CPE Technology Bhd Headlines

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