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Eurospan Holdings Bhd (XKLS:7094) Receivables Turnover : 0.85 (As of Feb. 2024)


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What is Eurospan 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. Eurospan Holdings Bhd's Revenue for the three months ended in Feb. 2024 was RM5.32 Mil. Eurospan Holdings Bhd's average Accounts Receivable for the three months ended in Feb. 2024 was RM6.27 Mil. Hence, Eurospan Holdings Bhd's Receivables Turnover for the three months ended in Feb. 2024 was 0.85.


Eurospan Holdings Bhd Receivables Turnover Historical Data

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

Eurospan Holdings Bhd Annual Data
Trend May14 May15 May16 May17 May18 May19 May20 May21 May22 May23
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 9.59 15.43 19.26 12.70 10.66

Eurospan 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 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 1.93 2.23 1.34 0.89 0.85

Competitive Comparison of Eurospan Holdings Bhd's Receivables Turnover

For the Furnishings, Fixtures & Appliances subindustry, Eurospan 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.


Eurospan Holdings Bhd's Receivables Turnover Distribution in the Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Eurospan Holdings Bhd's Receivables Turnover distribution charts can be found below:

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



Eurospan Holdings Bhd Receivables Turnover Calculation

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

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

Receivables Turnover (A: May. 2023 )
=Revenue / Average Total Inventories
=Revenue (A: May. 2023 ) / ((Accounts Receivable (A: May. 2022 ) + Accounts Receivable (A: May. 2023 )) / count )
=37.646 / ((3.339 + 3.722) / 2 )
=37.646 / 3.5305
=10.66

Eurospan 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 )
=5.323 / ((6.635 + 5.913) / 2 )
=5.323 / 6.274
=0.85

* 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.


Eurospan Holdings Bhd  (XKLS:7094) 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.


Eurospan Holdings Bhd Receivables Turnover Related Terms

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Eurospan Holdings Bhd (XKLS:7094) Business Description

Traded in Other Exchanges
N/A
Address
1168, Kampung Teluk, Sungai Dua, Kawasan Perusahaan Sungai Lokan, Butterworth, PNG, MYS, 13800
Eurospan Holdings Bhd is a furniture manufacturing company. It is a home furnishing manufacturer and exporter of dining sets and wood-based products. The products offered by the company are dining tables, dining chairs, cabinets and others. The operating segment of the company is the manufacturing and trading of furniture, wood-based products and investment holding and provision of management services. The firm generates the majority of its revenue from Asia.

Eurospan Holdings Bhd (XKLS:7094) Headlines

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