Boustead Heavy Industries Bhd (XKLS:8133) Receivables Turnover : 1.56 (As of Dec. 2024)

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What is Boustead Heavy Industries 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. Boustead Heavy Industries Bhd's Revenue for the three months ended in Dec. 2024 was RM45.3 Mil. Boustead Heavy Industries Bhd's average Accounts Receivable for the three months ended in Dec. 2024 was RM29.0 Mil. Hence, Boustead Heavy Industries Bhd's Receivables Turnover for the three months ended in Dec. 2024 was 1.56.

Boustead Heavy Industries Bhd Receivables Turnover Historical Data

The historical data trend for Boustead Heavy Industries 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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Boustead Heavy Industries Bhd Receivables Turnover Chart

Boustead Heavy Industries Bhd Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Receivables Turnover

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0.57

0.82

1.76

2.08

8.04

Boustead Heavy Industries Bhd Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Receivables Turnover	Get a 7-Day Free Trial															0.70	0.27	1.43	1.31	1.56

Competitive Comparison of Boustead Heavy Industries Bhd's Receivables Turnover

For the Aerospace & Defense subindustry, Boustead Heavy Industries 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.

Boustead Heavy Industries Bhd's Receivables Turnover Distribution in the Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, Boustead Heavy Industries Bhd's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Boustead Heavy Industries Bhd's Receivables Turnover falls into.

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Boustead Heavy Industries Bhd Receivables Turnover Calculation

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

Boustead Heavy Industries Bhd's Receivables Turnover for the fiscal year that ended in Dec. 2024 is calculated as

	Receivables Turnover (A: Dec. 2024 )
=	Revenue	/	Average Total Inventories
=	Revenue (A: Dec. 2024 )	/ (	(Accounts Receivable (A: Dec. 2023 )	+	Accounts Receivable (A: Dec. 2024 ))	/	count )
=	233.691	/ (	(55.074	+	3.025)	/	2 )
=	233.691	/	29.0495
=	8.04

Boustead Heavy Industries Bhd's Receivables Turnover for the quarter that ended in Dec. 2024 is calculated as

	Receivables Turnover (Q: Dec. 2024 )
=	Revenue	/	Average Total Inventories
=	Revenue (Q: Dec. 2024 )	/ (	(Accounts Receivable (Q: Sep. 2024 )	+	Accounts Receivable (Q: Dec. 2024 ))	/	count )
=	45.325	/ (	(54.944	+	3.025)	/	2 )
=	45.325	/	28.9845
=	1.56

Boustead Heavy Industries Bhd (XKLS:8133) 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.

Boustead Heavy Industries Bhd Receivables Turnover Related Terms

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Boustead Heavy Industries Bhd Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Aerospace & Defense » Boustead Heavy Industries Corp Bhd (XKLS:8133) » Definitions » Receivables Turnover

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Traded in Other Exchanges

N/A

Address

69 Jalan Raja Chulan, 17th Floor, Menara Boustead, Kuala Lumpur, SGR, MYS, 50200

Website

https://www.bhic.com.my

Boustead Heavy Industries Corp Bhd is an investment holding company. The company's operating segment includes Defence and Security, Commercial, and others. It generates maximum revenue from the Defence and Security segment. The Defence and Security segment is principally engaged in shipbuilding and maintenance, repair, and overhaul (MRO) of the Royal Malaysian Navy's patrol vessels. In addition, the company is also involved in the manufacturing, supply, and maintenance of defense-related electronic products.

Boustead Heavy Industries Bhd Headlines

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