MBM Resources Bhd (XKLS:5983) Receivables Turnover : 3.70 (As of Mar. 2024)

View and export this data going back to 1995. Start your Free Trial

What is MBM Resources 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. MBM Resources Bhd's Revenue for the three months ended in Mar. 2024 was RM617 Mil. MBM Resources Bhd's average Accounts Receivable for the three months ended in Mar. 2024 was RM167 Mil. Hence, MBM Resources Bhd's Receivables Turnover for the three months ended in Mar. 2024 was 3.70.

MBM Resources Bhd Receivables Turnover Historical Data

The historical data trend for MBM Resources 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.

* Premium members only.

MBM Resources Bhd Receivables Turnover Chart

MBM Resources Bhd Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Receivables Turnover

Get a 7-Day Free Trial

18.73

14.17

11.03

14.53

14.04

MBM Resources 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															3.03	2.79	3.08	3.77	3.70

Competitive Comparison of MBM Resources Bhd's Receivables Turnover

For the Auto & Truck Dealerships subindustry, MBM Resources 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.

MBM Resources Bhd's Receivables Turnover Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, MBM Resources Bhd's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where MBM Resources Bhd's Receivables Turnover falls into.

MBM Resources Bhd Receivables Turnover Calculation

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

MBM Resources 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 )
=	2416.188	/ (	(178.641	+	165.562)	/	2 )
=	2416.188	/	172.1015
=	14.04

MBM Resources 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 )
=	617.136	/ (	(165.562	+	167.708)	/	2 )
=	617.136	/	166.635
=	3.70

MBM Resources Bhd (XKLS:5983) 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.

MBM Resources Bhd Receivables Turnover Related Terms

Thank you for viewing the detailed overview of MBM Resources Bhd's Receivables Turnover provided by GuruFocus.com. Please click on the following links to see related term pages.

MBM Resources Bhd (XKLS:5983) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » MBM Resources Bhd (XKLS:5983) » Definitions » Receivables Turnover

Comparable Companies

Traded in Other Exchanges

N/A

Address

23-01, Level 23, Menara MBMR, 1 Jalan Syed Putra, Kuala Lumpur, MYS, 58000

Website

https://www.mbmr.com.my

MBM Resources Bhd is a Malaysian company that is in the business of motor trading and manufacturing auto parts. It has Motor trading, Auto parts manufacturing, and Other segments. The motor trading segment covers the marketing and distribution of motor vehicles, spare parts, and the provision of related services. Auto parts segment comprises manufacturing of automotive parts and components, steel and alloy wheels and discs, noise, vibration, and harshness products, and provision of tyre assembly services. The motor trading segment generates majority of the revenues for the company.

MBM Resources Bhd (XKLS:5983) Headlines

No Headlines