Dufu Technology Bhd (XKLS:7233) Receivables Turnover : 0.77 (As of Sep. 2024)

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What is Dufu Technology 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. Dufu Technology Bhd's Revenue for the three months ended in Sep. 2024 was RM65.9 Mil. Dufu Technology Bhd's average Accounts Receivable for the three months ended in Sep. 2024 was RM86.0 Mil. Hence, Dufu Technology Bhd's Receivables Turnover for the three months ended in Sep. 2024 was 0.77.

Dufu Technology Bhd Receivables Turnover Historical Data

The historical data trend for Dufu Technology 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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Dufu Technology Bhd Receivables Turnover Chart

Dufu Technology Bhd Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Receivables Turnover

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3.75

3.67

3.90

4.17

3.49

Dufu Technology Bhd Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Receivables Turnover	Get a 7-Day Free Trial															0.61	0.60	0.69	0.69	0.77

Competitive Comparison of Dufu Technology Bhd's Receivables Turnover

For the Metal Fabrication subindustry, Dufu Technology 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.

Dufu Technology Bhd's Receivables Turnover Distribution in the Industrial Products Industry

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

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

Dufu Technology Bhd Receivables Turnover Calculation

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

Dufu Technology 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 )
=	227.811	/ (	(53.01	+	77.635)	/	2 )
=	227.811	/	65.3225
=	3.49

Dufu Technology Bhd's Receivables Turnover for the quarter that ended in Sep. 2024 is calculated as

	Receivables Turnover (Q: Sep. 2024 )
=	Revenue	/	Average Total Inventories
=	Revenue (Q: Sep. 2024 )	/ (	(Accounts Receivable (Q: Jun. 2024 )	+	Accounts Receivable (Q: Sep. 2024 ))	/	count )
=	65.888	/ (	(97.369	+	74.656)	/	2 )
=	65.888	/	86.0125
=	0.77

Dufu Technology Bhd (XKLS:7233) 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.

Dufu Technology Bhd Receivables Turnover Related Terms

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Dufu Technology Bhd Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Dufu Technology Corp Bhd (XKLS:7233) » Definitions » Receivables Turnover

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Traded in Other Exchanges

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Address

Plot 19, Hilir Sungai Keluang 2, Taman Perindustrian Bayan Lepas, Phase IV, Bayan Lepas, PNG, MYS, 11900

Website

http://www.dufutechnology.com

Dufu Technology Corp Bhd is engaged in the manufacture and sale of industrial products, and trading of computer disk-drive and related components. It is involved in the design, development, manufacture, assembly, and trade of die components, and precision machining of vice, computer peripherals, and parts for hard disk drives. Its product portfolio consists of precision turning products, precision machining products, metal stamping, sheet metal fabrication, tool and die fabrication, and plastic components. The company serves HDD, industrial safety and sensor, telecommunication, computer, and consumer electronics industries. Geographically it generates the majority of its revenue from Thailand and also has its presence in Malaysia, China, Singapore and other countries.

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