Magma Group Bhd (XKLS:7243) Receivables Turnover : 0.46 (As of Sep. 2024)

Magma Group Bhd Receivables Turnover Chart

Magma Group Bhd Annual Data
	Trend	Jun08	Jun09	Jun10	Jun11	Jun12	Dec14	Jun17	Jun18	Jun21	Dec23
Receivables Turnover		Get a 7-Day Free Trial					1.52	1.20	1.28	6.01	1.16

Magma Group Bhd Quarterly Data
	Sep18	Mar19	Jun19	Sep19	Mar20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Sep22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Receivables Turnover	Get a 7-Day Free Trial															0.21	-	0.34	0.38	0.46

Competitive Comparison of Magma Group Bhd's Receivables Turnover

For the Lodging subindustry, Magma Group 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.

Magma Group Bhd's Receivables Turnover Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Magma Group Bhd's Receivables Turnover distribution charts can be found below:

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

Magma Group Bhd Receivables Turnover Calculation

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

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

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

* 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.

Magma Group Bhd  (XKLS:7243) 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.

Magma Group Bhd Receivables Turnover Related Terms

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Magma Group Bhd Business Description