Kumpulan Perangsang Selangor Bhd (XKLS:5843) Receivables Turnover : 0.81 (As of Mar. 2024)

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What is Kumpulan Perangsang Selangor 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. Kumpulan Perangsang Selangor Bhd's Revenue for the three months ended in Mar. 2024 was RM234 Mil. Kumpulan Perangsang Selangor Bhd's average Accounts Receivable for the three months ended in Mar. 2024 was RM290 Mil. Hence, Kumpulan Perangsang Selangor Bhd's Receivables Turnover for the three months ended in Mar. 2024 was 0.81.

Kumpulan Perangsang Selangor Bhd Receivables Turnover Historical Data

The historical data trend for Kumpulan Perangsang Selangor 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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Kumpulan Perangsang Selangor Bhd Receivables Turnover Chart

Kumpulan Perangsang Selangor Bhd Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Receivables Turnover

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3.17

3.16

3.81

3.31

3.22

Kumpulan Perangsang Selangor 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															0.65	0.87	0.92	0.42	0.81

Competitive Comparison of Kumpulan Perangsang Selangor Bhd's Receivables Turnover

For the Metal Fabrication subindustry, Kumpulan Perangsang Selangor 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.

Kumpulan Perangsang Selangor Bhd's Receivables Turnover Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Kumpulan Perangsang Selangor Bhd's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Kumpulan Perangsang Selangor Bhd's Receivables Turnover falls into.

Kumpulan Perangsang Selangor Bhd Receivables Turnover Calculation

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

Kumpulan Perangsang Selangor 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 )
=	1046.115	/ (	(368.108	+	282.298)	/	2 )
=	1046.115	/	325.203
=	3.22

Kumpulan Perangsang Selangor 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 )
=	233.837	/ (	(282.298	+	296.966)	/	2 )
=	233.837	/	289.632
=	0.81

Kumpulan Perangsang Selangor Bhd (XKLS:5843) 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.

Kumpulan Perangsang Selangor Bhd Receivables Turnover Related Terms

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Kumpulan Perangsang Selangor Bhd (XKLS:5843) Business Description

Industry

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Traded in Other Exchanges

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Address

Plaza Perangsang, 17th Floor, Persiaran Perbandaran, Shah Alam, SGR, MYS, 40000

Website

https://www.kps.com.my

Kumpulan Perangsang Selangor Bhd is engaged in the trading of chemicals and equipments apart from providing technical services in water, waste and sewage treatment industries. It also provides hospitality, licensing, and other services. The reportable segments of the company are investment holding, manufacturing, infrastructure, licensing, trading, and Property investment out of which the Manufacturing segment accounts for a majority of revenue. Geographically, it derives maximum revenue from Malaysia.

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