Revenue Group Bhd (XKLS:0200) Receivables Turnover : 4.26 (As of Mar. 2024)

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What is Revenue Group 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. Revenue Group Bhd's Revenue for the three months ended in Mar. 2024 was RM92.2 Mil. Revenue Group Bhd's average Accounts Receivable for the three months ended in Mar. 2024 was RM21.7 Mil. Hence, Revenue Group Bhd's Receivables Turnover for the three months ended in Mar. 2024 was 4.26.

Revenue Group Bhd Receivables Turnover Historical Data

The historical data trend for Revenue Group 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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Revenue Group Bhd Receivables Turnover Chart

Revenue Group Bhd Annual Data

Trend

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Receivables Turnover

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4.93

4.87

4.25

3.63

4.76

Revenue Group Bhd Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Dec23	Mar24
Receivables Turnover	Get a 7-Day Free Trial															0.88	0.20	0.49	5.67	4.26

Competitive Comparison of Revenue Group Bhd's Receivables Turnover

For the Software - Infrastructure subindustry, Revenue Group 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.

Revenue Group Bhd's Receivables Turnover Distribution in the Software Industry

For the Software industry and Technology sector, Revenue Group Bhd's Receivables Turnover distribution charts can be found below:

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

Revenue Group Bhd Receivables Turnover Calculation

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

Revenue Group Bhd's Receivables Turnover for the fiscal year that ended in Jun. 2021 is calculated as

	Receivables Turnover (A: Jun. 2021 )
=	Revenue	/	Average Total Inventories
=	Revenue (A: Jun. 2021 )	/ (	(Accounts Receivable (A: Jun. 2020 )	+	Accounts Receivable (A: Jun. 2021 ))	/	count )
=	86.277	/ (	(24.661	+	11.6)	/	2 )
=	86.277	/	18.1305
=	4.76

Revenue Group Bhd's Receivables Turnover for the quarter that ended in Mar. 2024 is calculated as

	Receivables Turnover (Q: Mar. 2024 )
=	Revenue	/	Average Total Inventories
=	Revenue (Q: Mar. 2024 )	/ (	(Accounts Receivable (Q: Dec. 2023 )	+	Accounts Receivable (Q: Mar. 2024 ))	/	count )
=	92.219	/ (	(22.215	+	21.089)	/	2 )
=	92.219	/	21.652
=	4.26

Revenue Group Bhd (XKLS:0200) 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.

Revenue Group Bhd Receivables Turnover Related Terms

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Revenue Group Bhd (XKLS:0200) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Revenue Group Bhd (XKLS:0200) » Definitions » Receivables Turnover

Comparable Companies

Traded in Other Exchanges

N/A

Address

Wisma Revenue, No. 12, Jalan Udang Harimau 2, Kepong Business Park, Kuala Lumpur, SGR, MYS, 51200

Website

https://www.revenue.com.my

Revenue Group Bhd along with its subsidiaries is engaged in delivering a complete and customizable payment solution. The company provides various solutions such as Loyalty System, Web-based Payment System, Consumer Behavioural Management System, Terminal Management System, Payment Transaction Management System, and others. Its business profile includes Hybrid Payment, Revpay, Software Development, Virtual payment, Physical Terminal Payment and others. It operates in three segments: EDC terminals, Electronic transaction processing, and Solutions and services. The EDC terminals segment that derives majority revenue engages in the distribution, deployment, and maintenance of EDC terminals.

Revenue Group Bhd (XKLS:0200) Headlines

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