Farlim Group Malaysia Bhd (XKLS:6041) Receivables Turnover : 0.46 (As of Dec. 2024)

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What is Farlim Group Malaysia 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. Farlim Group Malaysia Bhd's Revenue for the three months ended in Dec. 2024 was RM3.74 Mil. Farlim Group Malaysia Bhd's average Accounts Receivable for the three months ended in Dec. 2024 was RM8.17 Mil. Hence, Farlim Group Malaysia Bhd's Receivables Turnover for the three months ended in Dec. 2024 was 0.46.

Farlim Group Malaysia Bhd Receivables Turnover Historical Data

The historical data trend for Farlim Group Malaysia 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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Farlim Group Malaysia Bhd Receivables Turnover Chart

Farlim Group Malaysia Bhd Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Receivables Turnover

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6.30

3.94

4.71

5.22

5.15

Farlim Group Malaysia 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															0.63	0.37	0.12	0.33	0.46

Competitive Comparison of Farlim Group Malaysia Bhd's Receivables Turnover

For the Real Estate - Diversified subindustry, Farlim Group Malaysia 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.

Farlim Group Malaysia Bhd's Receivables Turnover Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Farlim Group Malaysia Bhd's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Farlim Group Malaysia Bhd's Receivables Turnover falls into.

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Farlim Group Malaysia Bhd Receivables Turnover Calculation

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

Farlim Group Malaysia Bhd'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 )
=	11.784	/ (	(2.907	+	1.667)	/	2 )
=	11.784	/	2.287
=	5.15

Farlim Group Malaysia 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 )
=	3.742	/ (	(14.672	+	1.667)	/	2 )
=	3.742	/	8.1695
=	0.46

Farlim Group Malaysia Bhd (XKLS:6041) 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.

Farlim Group Malaysia Bhd Receivables Turnover Related Terms

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Farlim Group Malaysia Bhd Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Farlim Group Malaysia Bhd (XKLS:6041) » Definitions » Receivables Turnover

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 1, Lintang Angsana, Bandar Baru Ayer Itam, George Town, PNG, MYS, 11500

Website

https://www.farlim.com.my

Farlim Group Malaysia Bhd is principally involved in property development, investment holding, marketing and distribution of building materials. It is engaged in the development of residential and commercial properties. The company operates through the segments: Property segment which comprises property-related activities; Trading segment which comprises mainly trading of building materials; and Investment and others segment which comprises mainly of investment holding activity and other inactive companies. Its properties include public amenities, such as a hypermarket, banks, pharmacies, clinics, restaurants, post office, petrol kiosk, kindergartens, police stations, and many others. It derives maximum revenue from the Property segment.

Farlim Group Malaysia Bhd Headlines

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