Sapura Industrial Bhd (XKLS:7811) Receivables Turnover : 1.92 (As of Oct. 2023)

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What is Sapura Industrial 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. Sapura Industrial Bhd's Revenue for the three months ended in Oct. 2023 was RM77.1 Mil. Sapura Industrial Bhd's average Accounts Receivable for the three months ended in Oct. 2023 was RM40.2 Mil. Hence, Sapura Industrial Bhd's Receivables Turnover for the three months ended in Oct. 2023 was 1.92.

Sapura Industrial Bhd Receivables Turnover Historical Data

The historical data trend for Sapura Industrial 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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Sapura Industrial Bhd Receivables Turnover Chart

Sapura Industrial Bhd Annual Data

Trend

Jan14

Jan15

Jan16

Jan17

Jan18

Jan19

Jan20

Jan21

Jan22

Jan23

Receivables Turnover

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4.46

5.61

6.12

6.68

8.09

Sapura Industrial Bhd Quarterly Data
	Jan19	Apr19	Jul19	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23
Receivables Turnover	Get a 7-Day Free Trial															1.81	1.72	2.00	1.87	1.92

Competitive Comparison of Sapura Industrial Bhd's Receivables Turnover

For the Auto Parts subindustry, Sapura Industrial 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.

Sapura Industrial Bhd's Receivables Turnover Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Sapura Industrial Bhd's Receivables Turnover distribution charts can be found below:

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

Sapura Industrial Bhd Receivables Turnover Calculation

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

Sapura Industrial Bhd's Receivables Turnover for the fiscal year that ended in Jan. 2023 is calculated as

	Receivables Turnover (A: Jan. 2023 )
=	Revenue	/	Average Total Inventories
=	Revenue (A: Jan. 2023 )	/ (	(Accounts Receivable (A: Jan. 2022 )	+	Accounts Receivable (A: Jan. 2023 ))	/	count )
=	254.834	/ (	(24.626	+	38.395)	/	2 )
=	254.834	/	31.5105
=	8.09

Sapura Industrial Bhd's Receivables Turnover for the quarter that ended in Oct. 2023 is calculated as

	Receivables Turnover (Q: Oct. 2023 )
=	Revenue	/	Average Total Inventories
=	Revenue (Q: Oct. 2023 )	/ (	(Accounts Receivable (Q: Jul. 2023 )	+	Accounts Receivable (Q: Oct. 2023 ))	/	count )
=	77.086	/ (	(39.766	+	40.537)	/	2 )
=	77.086	/	40.1515
=	1.92

Sapura Industrial Bhd (XKLS:7811) 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.

Sapura Industrial Bhd Receivables Turnover Related Terms

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Sapura Industrial Bhd (XKLS:7811) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Sapura Industrial Bhd (XKLS:7811) » Definitions » Receivables Turnover

Comparable Companies

Traded in Other Exchanges

N/A

Address

Lot 2 & 4, Jalan P/11, Seksyen 10,, Kawasan Perindustrian Bangi,, Bandar Baru Bangi,, SGR, MYS, 43650

Website

https://www.sapuraindustrial.com.my

Sapura Industrial Bhd is an automotive components manufacturer. The company is organized into three business segments namely Manufacturing engaged in the manufacture and supply of products for the automotive, electronics, and electrical industries, and the manufacture of butt-weld fittings for oil and gas industries; Investment holding engaged in the holding of investments and provision of management services to subsidiaries; and Others engaged in trading of auto parts in the retail and after-sales market, providing computer-aided design and manufacture of sub-systems and systems for applications in production and testing and other dormant companies. The company earns the majority of its revenue from the Manufacturing segment. The company's operations are carried out solely in Malaysia.

Sapura Industrial Bhd (XKLS:7811) Headlines

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