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CME Group Bhd (XKLS:7018) Receivables Turnover : 1.38 (As of Mar. 2024)


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What is CME Group 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. CME Group Bhd's Revenue for the three months ended in Mar. 2024 was RM11.86 Mil. CME Group Bhd's average Accounts Receivable for the three months ended in Mar. 2024 was RM8.56 Mil. Hence, CME Group Bhd's Receivables Turnover for the three months ended in Mar. 2024 was 1.38.


CME Group Bhd Receivables Turnover Historical Data

The historical data trend for CME Group 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.

CME Group Bhd Receivables Turnover Chart

CME Group Bhd Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Jun19 Jun20 Jun21 Jun22 Sep23
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.43 12.69 2.63 9.20 -

CME Group Bhd Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Dec23 Mar24
Receivables Turnover Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.96 1.00 0.07 0.45 1.38

Competitive Comparison of CME Group Bhd's Receivables Turnover

For the Auto Manufacturers subindustry, CME Group 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.


CME Group Bhd's Receivables Turnover Distribution in the Vehicles & Parts Industry

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

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



CME Group Bhd Receivables Turnover Calculation

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

CME Group Bhd's Receivables Turnover for the fiscal year that ended in Sep. 2023 is calculated as

Receivables Turnover (A: Sep. 2023 )
=Revenue / Average Total Inventories
=Revenue (A: Sep. 2023 ) / ((Accounts Receivable (A: Jun. 2022 ) + Accounts Receivable (A: Sep. 2023 )) / count )
=0 / ((0.861 + 2.323) / 2 )
=0 / 1.592
=N/A

CME Group 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 )
=11.856 / ((6.824 + 10.305) / 2 )
=11.856 / 8.5645
=1.38

* 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.


CME Group Bhd  (XKLS:7018) 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.


CME Group Bhd Receivables Turnover Related Terms

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CME Group Bhd (XKLS:7018) Business Description

Traded in Other Exchanges
N/A
Address
Lot 19, Jalan Delima 1/1, Taman Perindustrian Teknologi Tinggi Subang, Subang Jaya, SGR, MYS, 47500
CME Group Bhd is a Malaysia-based investment holding company. The company's operating segment includes Investment holding; Manufacturing; Trading and Others. It generates maximum revenue from the Manufacturing segment. The manufacturing segment is engaged in the designing, manufacturing, sales, and servicing of fire fighting and specialist vehicles. Geographically, it operates only in Malaysia.

CME Group Bhd (XKLS:7018) Headlines

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