TWL Holdings Bhd (XKLS:7079) Receivables Turnover : 0.49 (As of Dec. 2023)

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What is TWL 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. TWL Holdings Bhd's Revenue for the three months ended in Dec. 2023 was RM6.82 Mil. TWL Holdings Bhd's average Accounts Receivable for the three months ended in Dec. 2023 was RM13.95 Mil. Hence, TWL Holdings Bhd's Receivables Turnover for the three months ended in Dec. 2023 was 0.49.

TWL Holdings Bhd Receivables Turnover Historical Data

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

TWL Holdings Bhd Annual Data

Trend

Dec10

Dec11

Jun13

Jun14

Jun15

Jun16

Jun17

Jun18

Jun22

Jun23

Receivables Turnover

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3.64

2.01

5.44

4.82

1.73

TWL Holdings Bhd Quarterly Data
	Mar18	Jun18	Sep18	Dec18	Mar19	Sep19	Mar20	Jun20	Sep20	Mar21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Receivables Turnover	Get a 7-Day Free Trial															1.23	0.89	1.01	0.68	0.49

Competitive Comparison of TWL Holdings Bhd's Receivables Turnover

For the Real Estate - Development subindustry, TWL 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.

TWL Holdings Bhd's Receivables Turnover Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, TWL Holdings Bhd's Receivables Turnover distribution charts can be found below:

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

TWL Holdings Bhd Receivables Turnover Calculation

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

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

	Receivables Turnover (A: Jun. 2023 )
=	Revenue	/	Average Total Inventories
=	Revenue (A: Jun. 2023 )	/ (	(Accounts Receivable (A: Jun. 2022 )	+	Accounts Receivable (A: Jun. 2023 ))	/	count )
=	25.691	/ (	(13.965	+	15.699)	/	2 )
=	25.691	/	14.832
=	1.73

TWL Holdings 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 )
=	6.817	/ (	(11.769	+	16.13)	/	2 )
=	6.817	/	13.9495
=	0.49

TWL Holdings Bhd (XKLS:7079) 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.

TWL Holdings Bhd Receivables Turnover Related Terms

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TWL Holdings Bhd (XKLS:7079) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » TWL Holdings Bhd (XKLS:7079) » Definitions » Receivables Turnover

Traded in Other Exchanges

N/A

Address

No. 296, Jalan Ampang, Unit No. T3-13A-20, Level 13A, Menara 3, 3 Towers, Kuala Lumpur, MYS, 50450

Website

https://www.twlholdings.com.my

TWL Holdings Bhd is a Malaysia-based investment holding company. Its core businesses are in the property development and construction industry and wood base manufacturing and trading. The company's segments are Property development and construction, Plantation and timber services, Batching plant, Trading and others. The Property development segment includes the Development of residential and commercial properties and makes a substantial contribution to the overall revenue of the company.

TWL Holdings Bhd (XKLS:7079) Headlines

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