Amtel Holdings Bhd (XKLS:7031) Receivables Turnover : 1.99 (As of Feb. 2024)

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What is Amtel Holdings 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. Amtel Holdings Bhd's Revenue for the three months ended in Feb. 2024 was RM17.60 Mil. Amtel Holdings Bhd's average Accounts Receivable for the three months ended in Feb. 2024 was RM8.83 Mil. Hence, Amtel Holdings Bhd's Receivables Turnover for the three months ended in Feb. 2024 was 1.99.

Amtel Holdings Bhd Receivables Turnover Historical Data

The historical data trend for Amtel Holdings 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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Amtel Holdings Bhd Receivables Turnover Chart

Amtel Holdings Bhd Annual Data

Trend

Nov14

Nov15

Nov16

Nov17

Nov18

Nov19

Nov20

Nov21

Nov22

Nov23

Receivables Turnover

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6.19

6.21

5.79

6.37

8.16

Amtel Holdings Bhd Quarterly Data
	May19	Aug19	Nov19	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23	Feb24
Receivables Turnover	Get a 7-Day Free Trial															1.66	1.44	1.81	2.18	1.99

Competitive Comparison of Amtel Holdings Bhd's Receivables Turnover

For the Scientific & Technical Instruments subindustry, Amtel Holdings 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.

Amtel Holdings Bhd's Receivables Turnover Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Amtel Holdings Bhd's Receivables Turnover distribution charts can be found below:

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

Amtel Holdings Bhd Receivables Turnover Calculation

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

Amtel Holdings Bhd's Receivables Turnover for the fiscal year that ended in Nov. 2023 is calculated as

	Receivables Turnover (A: Nov. 2023 )
=	Revenue	/	Average Total Inventories
=	Revenue (A: Nov. 2023 )	/ (	(Accounts Receivable (A: Nov. 2022 )	+	Accounts Receivable (A: Nov. 2023 ))	/	count )
=	71.669	/ (	(9.988	+	7.569)	/	2 )
=	71.669	/	8.7785
=	8.16

Amtel Holdings Bhd's Receivables Turnover for the quarter that ended in Feb. 2024 is calculated as

	Receivables Turnover (Q: Feb. 2024 )
=	Revenue	/	Average Total Inventories
=	Revenue (Q: Feb. 2024 )	/ (	(Accounts Receivable (Q: Nov. 2023 )	+	Accounts Receivable (Q: Feb. 2024 ))	/	count )
=	17.601	/ (	(7.569	+	10.089)	/	2 )
=	17.601	/	8.829
=	1.99

Amtel Holdings Bhd (XKLS:7031) 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.

Amtel Holdings Bhd Receivables Turnover Related Terms

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Amtel Holdings Bhd (XKLS:7031) Business Description

Industry

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Address

No. 12, Jalan Pensyarah U1/28, Level 3, Wisma Amtel, Hicom Glenmarie Industrial Park, Shah Alam, SGR, MYS, 40150

Website

http://www.amtel.com.my

Amtel Holdings Bhd is an investment holding company, which is engaged in the provision of management services. The business activity of the group is operated through various segments which include Information and Communication Technology, Telecommunications, Infrastructure and Services and Other Segment. The Information and Communication Technology account for the majority of revenue. The Information and Communication Technology segment is involved in providing navigation products and services, Geographical Information System (GIS) development and research businesses. Geographically, the operation of the group function only in Malaysia.

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