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Infraharta Holdings Bhd (XKLS:7240) Receivables Turnover : 1.03 (As of Dec. 2023)


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What is Infraharta Holdings 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. Infraharta Holdings Bhd's Revenue for the three months ended in Dec. 2023 was RM11.67 Mil. Infraharta Holdings Bhd's average Accounts Receivable for the three months ended in Dec. 2023 was RM11.37 Mil. Hence, Infraharta Holdings Bhd's Receivables Turnover for the three months ended in Dec. 2023 was 1.03.


Infraharta Holdings Bhd Receivables Turnover Historical Data

The historical data trend for Infraharta Holdings 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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Infraharta Holdings Bhd Receivables Turnover Chart

Infraharta Holdings Bhd Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Mar20 Mar21 Mar22 Mar23
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 6.47 2.54 1.24 0.29 1.96

Infraharta Holdings 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 0.40 1.03 0.34 0.80 1.03

Competitive Comparison of Infraharta Holdings Bhd's Receivables Turnover

For the Engineering & Construction subindustry, Infraharta Holdings 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.


Infraharta Holdings Bhd's Receivables Turnover Distribution in the Construction Industry

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

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



Infraharta Holdings Bhd Receivables Turnover Calculation

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

Infraharta Holdings Bhd's Receivables Turnover for the fiscal year that ended in Mar. 2023 is calculated as

Receivables Turnover (A: Mar. 2023 )
=Revenue / Average Total Inventories
=Revenue (A: Mar. 2023 ) / ((Accounts Receivable (A: Mar. 2022 ) + Accounts Receivable (A: Mar. 2023 )) / count )
=29.75 / ((15.972 + 14.324) / 2 )
=29.75 / 15.148
=1.96

Infraharta Holdings 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 )
=11.671 / ((11.869 + 10.88) / 2 )
=11.671 / 11.3745
=1.03

* 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.


Infraharta Holdings Bhd  (XKLS:7240) 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.


Infraharta Holdings Bhd Receivables Turnover Related Terms

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Infraharta Holdings Bhd (XKLS:7240) Business Description

Traded in Other Exchanges
N/A
Address
Wisma Miramas, 1, Jalan 2/109E, Unit 9-2, Level 9, Taman Desa, Kuala Lumpur, SGR, MYS, 58100
Infraharta Holdings Bhd is an investment holding company. The company operates in three segments namely the Construction; Property Development and Investment Holding segment. It generates maximum revenue from the Construction segment. The Construction segment is engaged in the construction and renovation of buildings and other engineering projects.

Infraharta Holdings Bhd (XKLS:7240) Headlines

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