UMS Holdings Bhd (XKLS:7137) Receivables Turnover : 0.99 (As of Dec. 2023)

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What is UMS Holdings 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. UMS Holdings Bhd's Revenue for the three months ended in Dec. 2023 was RM20.11 Mil. UMS Holdings Bhd's average Accounts Receivable for the three months ended in Dec. 2023 was RM20.32 Mil. Hence, UMS Holdings Bhd's Receivables Turnover for the three months ended in Dec. 2023 was 0.99.

UMS Holdings Bhd Receivables Turnover Historical Data

The historical data trend for UMS Holdings 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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UMS Holdings Bhd Receivables Turnover Chart

UMS Holdings Bhd Annual Data

Trend

Sep14

Sep15

Sep16

Sep17

Sep18

Sep19

Sep20

Sep21

Sep22

Sep23

Receivables Turnover

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3.28

3.29

3.99

4.09

3.60

UMS Holdings 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															0.90	0.78	0.99	0.87	0.99

Competitive Comparison of UMS Holdings Bhd's Receivables Turnover

For the Industrial Distribution subindustry, UMS Holdings 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.

UMS Holdings Bhd's Receivables Turnover Distribution in the Industrial Distribution Industry

For the Industrial Distribution industry and Industrials sector, UMS Holdings Bhd's Receivables Turnover distribution charts can be found below:

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

UMS Holdings Bhd Receivables Turnover Calculation

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

UMS Holdings Bhd's Receivables Turnover for the fiscal year that ended in Sep. 2023 is calculated as

	Receivables Turnover (A: Sep. 2023 )
=	Revenue	/	Average Total Inventories
=	Revenue (A: Sep. 2023 )	/ (	(Accounts Receivable (A: Sep. 2022 )	+	Accounts Receivable (A: Sep. 2023 ))	/	count )
=	70.878	/ (	(20.729	+	18.608)	/	2 )
=	70.878	/	19.6685
=	3.60

UMS Holdings 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 )
=	20.112	/ (	(18.608	+	22.036)	/	2 )
=	20.112	/	20.322
=	0.99

UMS Holdings Bhd (XKLS:7137) 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.

UMS Holdings Bhd Receivables Turnover Related Terms

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UMS Holdings Bhd (XKLS:7137) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Distribution » UMS Holdings Bhd (XKLS:7137) » Definitions » Receivables Turnover

Comparable Companies

Traded in Other Exchanges

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Address

No. 2, Jalan Segambut Pusat, Segambut, Kuala Lumpur, SGR, MYS, 51200

Website

https://www.umsh.com

UMS Holdings Bhd is an investment holding company. It operates in three segments based on geographical location: West Malaysia (which includes Southern, East Coast, and Central of Peninsular Malaysia), East Malaysia, and Singapore. Its revenue from West and East Malaysia is derived from the distribution of mechanical power transmission and material handling products and systems and industrial spare parts. Singapore division generates revenue from trading in engineering products. It serves different industries such as palm oil, rubber, power generation, quarrying & cement industries, latex glove manufacturing, and electrical & electronic industries. West Malaysia contributes substantial revenue to the firm.

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