Maxland Bhd (XKLS:7123) Receivables Turnover : 0.54 (As of Dec. 2024)

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What is Maxland 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. Maxland Bhd's Revenue for the three months ended in Dec. 2024 was RM15.29 Mil. Maxland Bhd's average Accounts Receivable for the three months ended in Dec. 2024 was RM28.23 Mil. Hence, Maxland Bhd's Receivables Turnover for the three months ended in Dec. 2024 was 0.54.

Maxland Bhd Receivables Turnover Historical Data

The historical data trend for Maxland 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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Maxland Bhd Receivables Turnover Chart

Maxland Bhd Annual Data

Trend

Jun11

Jun12

Jun13

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Receivables Turnover

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3.04

2.10

1.66

0.39

0.97

Maxland Bhd Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Sep21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Mar24	Sep24	Dec24
Receivables Turnover	Get a 7-Day Free Trial															0.41	0.59	0.91	0.70	0.54

Competitive Comparison of Maxland Bhd's Receivables Turnover

For the Lumber & Wood Production subindustry, Maxland 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.

Maxland Bhd's Receivables Turnover Distribution in the Forest Products Industry

For the Forest Products industry and Basic Materials sector, Maxland Bhd's Receivables Turnover distribution charts can be found below:

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

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Maxland Bhd Receivables Turnover Calculation

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

Maxland Bhd's Receivables Turnover for the fiscal year that ended in Jun. 2020 is calculated as

	Receivables Turnover (A: Jun. 2020 )
=	Revenue	/	Average Total Inventories
=	Revenue (A: Jun. 2020 )	/ (	(Accounts Receivable (A: Jun. 2019 )	+	Accounts Receivable (A: Jun. 2020 ))	/	count )
=	25.832	/ (	(43.117	+	10.052)	/	2 )
=	25.832	/	26.5845
=	0.97

Maxland 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 )
=	15.29	/ (	(26.042	+	30.413)	/	2 )
=	15.29	/	28.2275
=	0.54

Maxland Bhd (XKLS:7123) 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.

Maxland Bhd Receivables Turnover Related Terms

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Maxland Bhd Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Forest Products » Maxland Bhd (XKLS:7123) » Definitions » Receivables Turnover

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Traded in Other Exchanges

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Address

Lot 5, Jalan Utara, 1st Floor, Block Number 4, P.O. Box 2848,, Bandar Indah, Mile 4, Sandakan, SBH, MYS, 90732

Website

https://www.maxlandbhd.com

Maxland Bhd formerly Priceworth International Bhd is Malaysian timber and wood-based products industry. The company's Segments are the logging segment involved in the extraction, the sale of logs, and tree planting, the manufacturing segment is in the business of manufacturing and sale of plywood, raw and laminated particleboard, veneer, sawn timber, bare core board, finger joints, molded timber, wooden doors and window frames, and fire doors, the engineering segment is involved in the provision of marine services, including repair and maintenance of tugboats and barges amongst others; and the other segment is involved in investment holding and the provision of hiring services. The majority of its revenue is derived from Japan from plywood export (manufacturing segment).

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