GURUFOCUS.COM » STOCK LIST » Industrials » Construction » LFE Corp Bhd (XKLS:7170) » Definitions » Receivables Turnover

LFE Bhd (XKLS:7170) Receivables Turnover : 1.56 (As of Dec. 2023)


View and export this data going back to 2003. Start your Free Trial

What is LFE 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. LFE Bhd's Revenue for the three months ended in Dec. 2023 was RM48.6 Mil. LFE Bhd's average Accounts Receivable for the three months ended in Dec. 2023 was RM31.1 Mil. Hence, LFE Bhd's Receivables Turnover for the three months ended in Dec. 2023 was 1.56.


LFE Bhd Receivables Turnover Historical Data

The historical data trend for LFE 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.

LFE Bhd Receivables Turnover Chart

LFE Bhd Annual Data
Trend Jul13 Jul14 Jul15 Jul16 Jul17 Dec19 Dec20 Dec21 Dec22 Dec23
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.15 0.91 1.91 3.81 4.56

LFE Bhd Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 1.23 0.67 0.66 0.99 1.56

Competitive Comparison of LFE Bhd's Receivables Turnover

For the Engineering & Construction subindustry, LFE 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.


LFE Bhd's Receivables Turnover Distribution in the Construction Industry

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

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



LFE Bhd Receivables Turnover Calculation

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

LFE Bhd's Receivables Turnover for the fiscal year that ended in Dec. 2023 is calculated as

Receivables Turnover (A: Dec. 2023 )
=Revenue / Average Total Inventories
=Revenue (A: Dec. 2023 ) / ((Accounts Receivable (A: Dec. 2022 ) + Accounts Receivable (A: Dec. 2023 )) / count )
=114.355 / ((20.868 + 29.269) / 2 )
=114.355 / 25.0685
=4.56

LFE 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 )
=48.567 / ((32.978 + 29.269) / 2 )
=48.567 / 31.1235
=1.56

* 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.


LFE Bhd  (XKLS:7170) 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.


LFE Bhd Receivables Turnover Related Terms

Thank you for viewing the detailed overview of LFE Bhd's Receivables Turnover provided by GuruFocus.com. Please click on the following links to see related term pages.


LFE Bhd (XKLS:7170) Business Description

Traded in Other Exchanges
N/A
Address
98, Jalan Dang Wangi, Suite 11.01, 11th Floor, Campbell Complex, Kuala Lumpur, MYS, 50100
LFE Corp Bhd is Malaysia based company. The operating segment of the company are Construction, Mechanical and Electrical, Property development, and Investment. Geographically, the group operates in Malaysia and UAE. It earns the majority of its revenue from the construction, mechanical and electrical segment.

LFE Bhd (XKLS:7170) Headlines

No Headlines