Yoong Onn Bhd (XKLS:5159) Receivables Turnover : 1.69 (As of Dec. 2023)

View and export this data going back to 2009. Start your Free Trial

What is Yoong Onn 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. Yoong Onn Bhd's Revenue for the three months ended in Dec. 2023 was RM66.4 Mil. Yoong Onn Bhd's average Accounts Receivable for the three months ended in Dec. 2023 was RM39.4 Mil. Hence, Yoong Onn Bhd's Receivables Turnover for the three months ended in Dec. 2023 was 1.69.

Yoong Onn Bhd Receivables Turnover Historical Data

The historical data trend for Yoong Onn 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.

* Premium members only.

Yoong Onn Bhd Receivables Turnover Chart

Yoong Onn Bhd Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Receivables Turnover

Get a 7-Day Free Trial

5.53

5.42

8.50

8.31

7.86

Yoong Onn Bhd Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Receivables Turnover	Get a 7-Day Free Trial															1.67	1.48	1.49	1.69	1.69

Competitive Comparison of Yoong Onn Bhd's Receivables Turnover

For the Textile Manufacturing subindustry, Yoong Onn 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.

Yoong Onn Bhd's Receivables Turnover Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Yoong Onn Bhd's Receivables Turnover distribution charts can be found below:

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

Yoong Onn Bhd Receivables Turnover Calculation

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

Yoong Onn Bhd's Receivables Turnover for the fiscal year that ended in Jun. 2023 is calculated as

	Receivables Turnover (A: Jun. 2023 )
=	Revenue	/	Average Total Inventories
=	Revenue (A: Jun. 2023 )	/ (	(Accounts Receivable (A: Jun. 2022 )	+	Accounts Receivable (A: Jun. 2023 ))	/	count )
=	262.496	/ (	(34.806	+	31.958)	/	2 )
=	262.496	/	33.382
=	7.86

Yoong Onn Bhd's Receivables Turnover for the quarter that ended in Dec. 2023 is calculated as

	Receivables Turnover (Q: Dec. 2023 )
=	Revenue	/	Average Total Inventories
=	Revenue (Q: Dec. 2023 )	/ (	(Accounts Receivable (Q: Sep. 2023 )	+	Accounts Receivable (Q: Dec. 2023 ))	/	count )
=	66.447	/ (	(36.676	+	42.164)	/	2 )
=	66.447	/	39.42
=	1.69

Yoong Onn Bhd (XKLS:5159) 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.

Yoong Onn Bhd Receivables Turnover Related Terms

Thank you for viewing the detailed overview of Yoong Onn Bhd's Receivables Turnover provided by GuruFocus.com. Please click on the following links to see related term pages.

Yoong Onn Bhd (XKLS:5159) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Yoong Onn Corp Bhd (XKLS:5159) » Definitions » Receivables Turnover

Traded in Other Exchanges

N/A

Address

Jalan Permata 2, Lot No. PT 16690-16692, Arab-Malaysian Industrial Park, Nilai, NSN, MYS, 71800

Website

https://www.yoongonn.com

Yoong Onn Corp Bhd is an integrated designer, manufacturer, distributor, and retailer of home linen and bedding accessories. It also supplies bedding and bath linen and accessories to hospitality-based institutions, including military accommodations, cruise ships, hospitals, and royal customs. The company is organized into three principal operating divisions, Manufacturing; Distribution and Trading; and Retailing. Its primary geographic markets are Malaysia, Singapore, Vietnam, and others. Malaysia contributes to the vast majority of total revenue. The company generates maximum revenue from the Distribution and Trading segment.

Yoong Onn Bhd (XKLS:5159) Headlines

No Headlines