XL Holdings Bhd (XKLS:7121) Receivables Turnover : 0.72 (As of Jan. 2024)

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What is XL 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. XL Holdings Bhd's Revenue for the three months ended in Jan. 2024 was RM14.35 Mil. XL Holdings Bhd's average Accounts Receivable for the three months ended in Jan. 2024 was RM19.94 Mil. Hence, XL Holdings Bhd's Receivables Turnover for the three months ended in Jan. 2024 was 0.72.

XL Holdings Bhd Receivables Turnover Historical Data

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

XL Holdings Bhd Annual Data

Trend

Jan12

Jan13

Jan14

Jan15

Jan16

Jan17

Jan18

Jan19

Jan20

Jan21

Receivables Turnover

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8.14

9.81

9.21

7.54

8.18

XL Holdings Bhd Quarterly Data
	Oct18	Jan19	Apr19	Jul19	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jul23	Oct23	Jan24
Receivables Turnover	Get a 7-Day Free Trial															1.02	0.77	0.80	0.57	0.72

Competitive Comparison of XL Holdings Bhd's Receivables Turnover

For the Farm Products subindustry, XL 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.

XL Holdings Bhd's Receivables Turnover Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, XL Holdings Bhd's Receivables Turnover distribution charts can be found below:

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

XL Holdings Bhd Receivables Turnover Calculation

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

XL Holdings Bhd's Receivables Turnover for the fiscal year that ended in Jan. 2021 is calculated as

	Receivables Turnover (A: Jan. 2021 )
=	Revenue	/	Average Total Inventories
=	Revenue (A: Jan. 2021 )	/ (	(Accounts Receivable (A: Jan. 2020 )	+	Accounts Receivable (A: Jan. 2021 ))	/	count )
=	27.836	/ (	(2.349	+	4.457)	/	2 )
=	27.836	/	3.403
=	8.18

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

	Receivables Turnover (Q: Jan. 2024 )
=	Revenue	/	Average Total Inventories
=	Revenue (Q: Jan. 2024 )	/ (	(Accounts Receivable (Q: Oct. 2023 )	+	Accounts Receivable (Q: Jan. 2024 ))	/	count )
=	14.353	/ (	(23.67	+	16.213)	/	2 )
=	14.353	/	19.9415
=	0.72

XL Holdings Bhd (XKLS:7121) 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.

XL Holdings Bhd Receivables Turnover Related Terms

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XL Holdings Bhd (XKLS:7121) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » XL Holdings Bhd (XKLS:7121) » Definitions » Receivables Turnover

Comparable Companies

Traded in Other Exchanges

N/A

Address

B-09-09, No. 1, Jalan Desa Kiara, Gateway Corporate Suites Gateway Kiaramas, Mont Kiara, Kuala Lumpur, SGR, MYS, 50480

Website

https://www.xianleng.com.my

XL Holdings Bhd is an investment company, which engages in the provision of management services. The company's operating segment includes Fish farming, Merchandise, Edible bird nest, Foods, and Investment holding. Foods segment, which is into the Manufacturing and trading of edible foods generates the majority of its revenue. Fish farming is into Breeding and rearing of fishery livestock. Merchandise segment in into trading of fishes, consumables, and aquarium accessories. Edible bird nest segment is into Trading and distribution of edible bird nest.

XL Holdings Bhd (XKLS:7121) Headlines

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