Perusahaandur Timah Malaysia Perstima Bhd (XKLS:5436) Receivables Turnover : 1.64 (As of Dec. 2024)

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What is Perusahaandur Timah Malaysia Perstima 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. Perusahaandur Timah Malaysia Perstima Bhd's Revenue for the three months ended in Dec. 2024 was RM292 Mil. Perusahaandur Timah Malaysia Perstima Bhd's average Accounts Receivable for the three months ended in Dec. 2024 was RM178 Mil. Hence, Perusahaandur Timah Malaysia Perstima Bhd's Receivables Turnover for the three months ended in Dec. 2024 was 1.64.

Perusahaandur Timah Malaysia Perstima Bhd Receivables Turnover Historical Data

The historical data trend for Perusahaandur Timah Malaysia Perstima 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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Perusahaandur Timah Malaysia Perstima Bhd Receivables Turnover Chart

Perusahaandur Timah Malaysia Perstima Bhd Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Receivables Turnover

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10.06

8.63

9.72

11.69

11.87

Perusahaandur Timah Malaysia Perstima Bhd Quarterly Data
	Mar20	Jun20	Sep20	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															1.55	2.14	1.86	1.52	1.64

Competitive Comparison of Perusahaandur Timah Malaysia Perstima Bhd's Receivables Turnover

For the Packaging & Containers subindustry, Perusahaandur Timah Malaysia Perstima 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.

Perusahaandur Timah Malaysia Perstima Bhd's Receivables Turnover Distribution in the Packaging & Containers Industry

For the Packaging & Containers industry and Consumer Cyclical sector, Perusahaandur Timah Malaysia Perstima Bhd's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Perusahaandur Timah Malaysia Perstima Bhd's Receivables Turnover falls into.

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Perusahaandur Timah Malaysia Perstima Bhd Receivables Turnover Calculation

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

Perusahaandur Timah Malaysia Perstima Bhd's Receivables Turnover for the fiscal year that ended in Mar. 2024 is calculated as

	Receivables Turnover (A: Mar. 2024 )
=	Revenue	/	Average Total Inventories
=	Revenue (A: Mar. 2024 )	/ (	(Accounts Receivable (A: Mar. 2023 )	+	Accounts Receivable (A: Mar. 2024 ))	/	count )
=	918.499	/ (	(88.525	+	66.202)	/	2 )
=	918.499	/	77.3635
=	11.87

Perusahaandur Timah Malaysia Perstima 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 )
=	292.281	/ (	(167.926	+	188.17)	/	2 )
=	292.281	/	178.048
=	1.64

Perusahaandur Timah Malaysia Perstima Bhd (XKLS:5436) 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.

Perusahaandur Timah Malaysia Perstima Bhd Receivables Turnover Related Terms

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Perusahaandur Timah Malaysia Perstima Bhd Business Description

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GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Packaging & Containers » Perusahaan Sadur Timah Malaysia Perstima Bhd (XKLS:5436) » Definitions » Receivables Turnover

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Traded in Other Exchanges

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Address

PLO 255, Jalan Timah Tiga, Kawasan Perindustrian Pasir Gudang, Pasir Gudang, JHR, MYS, 81700

Website

https://www.perstima.com.my

Perusahaan Sadur Timah Malaysia Perstima Bhd is a Malaysia based company engaged in manufacturing and supplying of tinplate and tin free steel in the domestic and export market. It has been equipped with Halogen type Continuous Electrolytic Line. Coil products, cut sheet, scroll cut, and tin free steel are the form of the products being offered by the company. The group operates in Malaysia, Vietnam, and Philippines of which the majority of its revenue from manufacturing and supplying activity is derived from Malaysia.

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