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BSL Bhd (XKLS:7221) Receivables Turnover : 1.79 (As of Mar. 2024)


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What is BSL 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. BSL Bhd's Revenue for the three months ended in Mar. 2024 was RM27.4 Mil. BSL Bhd's average Accounts Receivable for the three months ended in Mar. 2024 was RM15.3 Mil. Hence, BSL Bhd's Receivables Turnover for the three months ended in Mar. 2024 was 1.79.


BSL Bhd Receivables Turnover Historical Data

The historical data trend for BSL 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.

BSL Bhd Receivables Turnover Chart

BSL Bhd Annual Data
Trend Aug13 Aug14 Aug15 Aug16 Aug17 Aug18 Aug19 Aug20 Aug21 Dec23
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.56 4.74 4.55 6.18 5.66

BSL Bhd Quarterly Data
Feb19 May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Nov22 Mar23 Jun23 Sep23 Dec23 Mar24
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 1.14 1.13 1.62 1.81 1.79

Competitive Comparison of BSL Bhd's Receivables Turnover

For the Metal Fabrication subindustry, BSL 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.


BSL Bhd's Receivables Turnover Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, BSL Bhd's Receivables Turnover distribution charts can be found below:

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



BSL Bhd Receivables Turnover Calculation

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

BSL 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: Aug. 2021 ) + Accounts Receivable (A: Dec. 2023 )) / count )
=110.237 / ((24.231 + 14.714) / 2 )
=110.237 / 19.4725
=5.66

BSL Bhd's Receivables Turnover for the quarter that ended in Mar. 2024 is calculated as

Receivables Turnover (Q: Mar. 2024 )
=Revenue / Average Total Inventories
=Revenue (Q: Mar. 2024 ) / ((Accounts Receivable (Q: Dec. 2023 ) + Accounts Receivable (Q: Mar. 2024 )) / count )
=27.356 / ((14.714 + 15.845) / 2 )
=27.356 / 15.2795
=1.79

* 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.


BSL Bhd  (XKLS:7221) 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.


BSL Bhd Receivables Turnover Related Terms

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BSL Bhd (XKLS:7221) Business Description

Traded in Other Exchanges
N/A
Address
Lot 4220, Persimpangan Jalan Batu Arang, Lebuhraya PLUS, Rawang, SGR, MYS, 48000
BSL Corp Bhd is a Malaysia-based investment holding company. Its segments include Investment holding; Precision stamping & tooling, which derives the majority of its revenue; PCB(Printed circuit board) & module assembly; Renewable energy; and others. Its manufacturing services include Metal Stamping, PCB Assembly, CNC Machining, Welding, Roll forming, Forging, Secondary Processes, Toolmaking, and Warehousing & Logistics.

BSL Bhd (XKLS:7221) Headlines

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