Lion Posim Bhd (XKLS:8486) Receivables Turnover : 0.74 (As of Dec. 2024)

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What is Lion Posim 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. Lion Posim Bhd's Revenue for the three months ended in Dec. 2024 was RM206.0 Mil. Lion Posim Bhd's average Accounts Receivable for the three months ended in Dec. 2024 was RM278.1 Mil. Hence, Lion Posim Bhd's Receivables Turnover for the three months ended in Dec. 2024 was 0.74.

Lion Posim Bhd Receivables Turnover Historical Data

The historical data trend for Lion Posim 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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Lion Posim Bhd Receivables Turnover Chart

Lion Posim Bhd Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Dec22

Dec23

Dec24

Receivables Turnover

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4.42

3.31

4.97

2.96

2.67

Lion Posim Bhd Quarterly Data
	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Sep21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Receivables Turnover	Get a 7-Day Free Trial															0.73	0.66	0.64	0.67	0.74

Competitive Comparison of Lion Posim Bhd's Receivables Turnover

For the Building Materials subindustry, Lion Posim 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.

Lion Posim Bhd's Receivables Turnover Distribution in the Building Materials Industry

For the Building Materials industry and Basic Materials sector, Lion Posim Bhd's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Lion Posim Bhd's Receivables Turnover falls into.

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Lion Posim Bhd Receivables Turnover Calculation

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

Lion Posim 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 )
=	753.085	/ (	(285.898	+	277.387)	/	2 )
=	753.085	/	281.6425
=	2.67

Lion Posim 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 )
=	205.995	/ (	(278.882	+	277.387)	/	2 )
=	205.995	/	278.1345
=	0.74

Lion Posim Bhd (XKLS:8486) 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.

Lion Posim Bhd Receivables Turnover Related Terms

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Lion Posim Bhd Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Building Materials » Lion Posim Bhd (XKLS:8486) » Definitions » Receivables Turnover

Comparable Companies

Traded in Other Exchanges

N/A

Address

Wisma Posim, Lot 72, Persiaran Jubli Perak, Shah Alam, SGR, MYS, 40000

Website

http://www.posim.com.my

Lion Posim Bhd trades in and distributes building materials and steel products in Malaysia and internationally. It operates through three segments. The Building materials and steel products segment which is the key revenue driver for the firm trades and distributes building and construction materials, including steel bars, bricks, cement, roofing products, wall tiles, and Steel Products; Lubricants, Petroleum, and Automotive Products segment which manufacture and trades automotive components, as well as petroleum-based products comprising automotive and industrial lubricants. Other includes retail of consumer products, including hairbrushes, and body care products, provides transportation, energy management and conservation, and training services. The firm mainly operates in Malaysia.

Lion Posim Bhd Headlines

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