Komarkcorp Bhd (XKLS:7017) Receivables Turnover : 0.22 (As of Dec. 2023)

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What is Komarkcorp 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. Komarkcorp Bhd's Revenue for the three months ended in Dec. 2023 was RM5.63 Mil. Komarkcorp Bhd's average Accounts Receivable for the three months ended in Dec. 2023 was RM26.16 Mil. Hence, Komarkcorp Bhd's Receivables Turnover for the three months ended in Dec. 2023 was 0.22.

Komarkcorp Bhd Receivables Turnover Historical Data

The historical data trend for Komarkcorp 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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Komarkcorp Bhd Receivables Turnover Chart

Komarkcorp Bhd Annual Data

Trend

Apr13

Apr14

Apr15

Apr16

Apr17

Apr18

Apr19

Apr20

Apr21

Mar23

Receivables Turnover

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5.20

5.22

5.15

5.12

4.64

Komarkcorp Bhd Quarterly Data
	Jan19	Apr19	Jul19	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Receivables Turnover	Get a 7-Day Free Trial															0.83	0.93	0.65	0.28	0.22

Competitive Comparison of Komarkcorp Bhd's Receivables Turnover

For the Specialty Business Services subindustry, Komarkcorp 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.

Komarkcorp Bhd's Receivables Turnover Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Komarkcorp Bhd's Receivables Turnover distribution charts can be found below:

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

Komarkcorp Bhd Receivables Turnover Calculation

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

Komarkcorp Bhd's Receivables Turnover for the fiscal year that ended in Mar. 2023 is calculated as

	Receivables Turnover (A: Mar. 2023 )
=	Revenue	/	Average Total Inventories
=	Revenue (A: Mar. 2023 )	/ (	(Accounts Receivable (A: Apr. 2021 )	+	Accounts Receivable (A: Mar. 2023 ))	/	count )
=	40.741	/ (	(6.983	+	10.589)	/	2 )
=	40.741	/	8.786
=	4.64

Komarkcorp Bhd's Receivables Turnover for the quarter that ended in Dec. 2023 is calculated as

	Receivables Turnover (Q: Dec. 2023 )
=	Revenue	/	Average Total Inventories
=	Revenue (Q: Dec. 2023 )	/ (	(Accounts Receivable (Q: Sep. 2023 )	+	Accounts Receivable (Q: Dec. 2023 ))	/	count )
=	5.629	/ (	(28.96	+	23.35)	/	2 )
=	5.629	/	26.155
=	0.22

Komarkcorp Bhd (XKLS:7017) 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.

Komarkcorp Bhd Receivables Turnover Related Terms

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Komarkcorp Bhd Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Komarkcorp Bhd (XKLS:7017) » Definitions » Receivables Turnover

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Traded in Other Exchanges

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Address

Lot 132, Jalan 16/1, Kawasan Perindustrian Cheras Jaya, Balakong, SGR, MYS, 43200

Website

https://www.komark.com.my

Komarkcorp Bhd is a company engaged in the manufacturing of self-adhesive labels, flexible packaging such as OPP roll-fed and shrink sleeves in the consumer packaging for petrol lubricants, healthcare, foods and beverages, agro-chemical industries, promotion, and security market segments. The company's segment includes Self-adhesive labels and packaging; Face masks and others. The company generates maximum revenue from the Self-adhesive labels and stickers segment. Geographically, it derives a majority of its revenue from Malaysia.

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