Rhong Khen International Bhd (XKLS:7006) Receivables Turnover : 3.34 (As of Dec. 2024)

View and export this data going back to 1997. Start your Free Trial

What is Rhong Khen International 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. Rhong Khen International Bhd's Revenue for the three months ended in Dec. 2024 was RM145.5 Mil. Rhong Khen International Bhd's average Accounts Receivable for the three months ended in Dec. 2024 was RM43.6 Mil. Hence, Rhong Khen International Bhd's Receivables Turnover for the three months ended in Dec. 2024 was 3.34.

Rhong Khen International Bhd Receivables Turnover Historical Data

The historical data trend for Rhong Khen International 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.

Rhong Khen International Bhd Receivables Turnover Chart

Rhong Khen International Bhd Annual Data

Trend

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Jun24

Receivables Turnover

Get a 7-Day Free Trial

13.02

18.62

15.04

14.88

17.90

Rhong Khen International 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															4.23	2.95	3.98	3.93	3.34

Competitive Comparison of Rhong Khen International Bhd's Receivables Turnover

For the Furnishings, Fixtures & Appliances subindustry, Rhong Khen International 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.

Rhong Khen International Bhd's Receivables Turnover Distribution in the Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Rhong Khen International Bhd's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Rhong Khen International Bhd's Receivables Turnover falls into.

Save Embed

;

Save Embed

;

Rhong Khen International Bhd Receivables Turnover Calculation

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

Rhong Khen International 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 )
=	521.624	/ (	(29.969	+	28.317)	/	2 )
=	521.624	/	29.143
=	17.90

Rhong Khen International 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 )
=	145.522	/ (	(38.893	+	48.31)	/	2 )
=	145.522	/	43.6015
=	3.34

Rhong Khen International Bhd (XKLS:7006) 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.

Rhong Khen International Bhd Receivables Turnover Related Terms

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

Rhong Khen International Bhd Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Furnishings, Fixtures & Appliances » Rhong Khen International Bhd (XKLS:7006) » Definitions » Receivables Turnover

Comparable Companies

Traded in Other Exchanges

N/A

Address

Batu 7¾ Jalan Kapar, Lot 3356, Kapar, SGR, MYS, 42200

Website

http://www.rkibhd.com

Rhong Khen International Bhd predominantly manufactures and distributes polyester boards, decorative wood panels, dining furniture, bedroom sets, and impregnated paper for domestic and export markets. It has three segments Manufacturing, Rental of investment properties and Investment holding. Majority of the revenue for the company is generated from its manufacturing segment. It geographically operates in United States, Southeast Asia, Australia, Canada, and Others. The company derives maximum revenue from the United States.

Rhong Khen International Bhd Headlines

No Headlines