RGT Bhd (XKLS:9954) Receivables Turnover : 1.00 (As of Dec. 2024)

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What is RGT 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. RGT Bhd's Revenue for the three months ended in Dec. 2024 was RM39.8 Mil. RGT Bhd's average Accounts Receivable for the three months ended in Dec. 2024 was RM39.8 Mil. Hence, RGT Bhd's Receivables Turnover for the three months ended in Dec. 2024 was 1.00.

RGT Bhd Receivables Turnover Historical Data

The historical data trend for RGT 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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RGT Bhd Receivables Turnover Chart

RGT Bhd Annual Data

Trend

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Jun24

Receivables Turnover

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4.88

11.35

8.39

4.53

4.10

RGT 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															0.95	0.79	0.80	1.01	1.00

Competitive Comparison of RGT Bhd's Receivables Turnover

For the Specialty Chemicals subindustry, RGT 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.

RGT Bhd's Receivables Turnover Distribution in the Chemicals Industry

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

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

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RGT Bhd Receivables Turnover Calculation

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

RGT Bhd's Receivables Turnover for the fiscal year that ended in Jun. 2024 is calculated as

	Receivables Turnover (A: Jun. 2024 )
=	Revenue	/	Average Total Inventories
=	Revenue (A: Jun. 2024 )	/ (	(Accounts Receivable (A: Jun. 2023 )	+	Accounts Receivable (A: Jun. 2024 ))	/	count )
=	110.396	/ (	(24.568	+	29.249)	/	2 )
=	110.396	/	26.9085
=	4.10

RGT 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 )
=	39.847	/ (	(35.887	+	43.636)	/	2 )
=	39.847	/	39.7615
=	1.00

RGT Bhd (XKLS:9954) 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.

RGT Bhd Receivables Turnover Related Terms

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RGT Bhd Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » RGT Bhd (XKLS:9954) » Definitions » Receivables Turnover

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Address

Jalan Perindustrian Bukit Minyak, No. 1032, Taman Perindustrian Bukit Minyak, Simpang Ampat, PNG, MYS, 14100

Website

https://www.rgtberhad.com

RGT Bhd is an investment holding company. Along with its subsidiaries, it provides hygiene care solutions, automation, precision tools, and related accessories. Its product offerings include hand sanitizer systems, contemporary air fresheners, CNC components, wire cutting solutions, and precision spray painting solutions among others. The company's reportable operating segments are Engineered polymer products, and Factory automation and precision engineering. It derives key revenue from the Engineered polymer products segment which designs, manufactures, and sells high-precision engineered polymer products including full assembly and related accessories. Geographically, it derives key revenue from North America and the rest from Malaysia, Europe, other Asian countries, and other regions.

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