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Velocity Capital Partner Bhd (XKLS:7165) Receivables Turnover : 2.63 (As of Dec. 2024)


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What is Velocity Capital Partner 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. Velocity Capital Partner Bhd's Revenue for the three months ended in Dec. 2024 was RM16.15 Mil. Velocity Capital Partner Bhd's average Accounts Receivable for the three months ended in Dec. 2024 was RM6.13 Mil. Hence, Velocity Capital Partner Bhd's Receivables Turnover for the three months ended in Dec. 2024 was 2.63.


Velocity Capital Partner Bhd Receivables Turnover Historical Data

The historical data trend for Velocity Capital Partner 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.

* Premium members only.

Velocity Capital Partner Bhd Receivables Turnover Chart

Velocity Capital Partner Bhd Annual Data
Trend Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 7.99 4.64 5.64 4.18 7.42

Velocity Capital Partner Bhd Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 0.60 0.55 0.57 1.59 2.63

Competitive Comparison of Velocity Capital Partner Bhd's Receivables Turnover

For the Building Products & Equipment subindustry, Velocity Capital Partner 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.


Velocity Capital Partner Bhd's Receivables Turnover Distribution in the Construction Industry

For the Construction industry and Industrials sector, Velocity Capital Partner Bhd's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Velocity Capital Partner Bhd's Receivables Turnover falls into.


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Velocity Capital Partner Bhd Receivables Turnover Calculation

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

Velocity Capital Partner Bhd's Receivables Turnover for the fiscal year that ended in Jun. 2024 is calculated as

Receivables Turnover (A: Jun. 2024 )
=Revenue / Average Total Inventories
=Revenue (A: Jun. 2024 ) / ((Accounts Receivable (A: Jun. 2023 ) + Accounts Receivable (A: Jun. 2024 )) / count )
=65.805 / ((10.883 + 6.86) / 2 )
=65.805 / 8.8715
=7.42

Velocity Capital Partner 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 )
=16.152 / ((7.169 + 5.096) / 2 )
=16.152 / 6.1325
=2.63

* 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.


Velocity Capital Partner Bhd  (XKLS:7165) 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.


Velocity Capital Partner Bhd Receivables Turnover Related Terms

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Velocity Capital Partner Bhd Business Description

Traded in Other Exchanges
N/A
Address
No. 685, Jalan Damansara, 9-3, Oval Damansara, Taman Tun Dr. Ismail, Wilayah Persekutuan, Kuala Lumpur, SGR, MYS, 60000
Velocity Capital Partner Bhd formerly CSH Alliance Bhd is an investment holding company. The company's operating segment includes Ceramic; Construction and Property; Financial services; Transportation and logistics and Others. It generates maximum revenue from the Transportation and logistics segment. Geographically, it derives a majority of its revenue from Malaysia and also the United States, and other Countries.

Velocity Capital Partner Bhd Headlines

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