Master-Pack Group Bhd (XKLS:7029) Receivables Turnover : 1.34 (As of Dec. 2024)

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What is Master-Pack 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. Master-Pack Group Bhd's Revenue for the three months ended in Dec. 2024 was RM35.3 Mil. Master-Pack Group Bhd's average Accounts Receivable for the three months ended in Dec. 2024 was RM26.4 Mil. Hence, Master-Pack Group Bhd's Receivables Turnover for the three months ended in Dec. 2024 was 1.34.

Master-Pack Group Bhd Receivables Turnover Historical Data

The historical data trend for Master-Pack 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.

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Master-Pack Group Bhd Receivables Turnover Chart

Master-Pack Group Bhd Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Receivables Turnover

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4.62

5.95

5.55

5.47

Master-Pack Group 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															1.34	1.36	1.32	1.32	1.34

Competitive Comparison of Master-Pack Group Bhd's Receivables Turnover

For the Packaging & Containers subindustry, Master-Pack 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.

Master-Pack Group Bhd's Receivables Turnover Distribution in the Packaging & Containers Industry

For the Packaging & Containers industry and Consumer Cyclical sector, Master-Pack Group Bhd's Receivables Turnover distribution charts can be found below:

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

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Master-Pack Group Bhd Receivables Turnover Calculation

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

Master-Pack Group 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 )
=	154.844	/ (	(30.399	+	26.169)	/	2 )
=	154.844	/	28.284
=	5.47

Master-Pack Group 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 )
=	35.349	/ (	(26.593	+	26.169)	/	2 )
=	35.349	/	26.381
=	1.34

Master-Pack Group Bhd (XKLS:7029) 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.

Master-Pack Group Bhd Receivables Turnover Related Terms

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Master-Pack Group Bhd Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Packaging & Containers » Master-Pack Group Bhd (XKLS:7029) » Definitions » Receivables Turnover

Comparable Companies

Traded in Other Exchanges

N/A

Address

1574, Jalan Bukit Panchor, Seberang Perai Selatan, Nibong Tebal, PNG, MYS, 14300

Website

http://www.master.net.my

Master-Pack Group Bhd is an investment holding company. The core activities of the company are the manufacture and sale of corrugated fibreboard cartons and packaging materials. Some of the products are sheet board, slotted type, telescope type, folder type, die-cut products, interior fitments, palletized shipping containers, and other packaging materials. Its customers are from different industries namely Solar Equipment Manufacturers, Electrical and Electronics, Food and Beverages, Automotive, Chemicals, Medical, and others. Geographically, it operates in Malaysia, Vietnam, and other countries, out of which Malaysia generates the highest revenue.

Master-Pack Group Bhd Headlines

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