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Iskandar Waterfront City Bhd (XKLS:1589) Receivables Turnover : 0.22 (As of Mar. 2024)


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What is Iskandar Waterfront City 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. Iskandar Waterfront City Bhd's Revenue for the three months ended in Mar. 2024 was RM38.2 Mil. Iskandar Waterfront City Bhd's average Accounts Receivable for the three months ended in Mar. 2024 was RM172.4 Mil. Hence, Iskandar Waterfront City Bhd's Receivables Turnover for the three months ended in Mar. 2024 was 0.22.


Iskandar Waterfront City Bhd Receivables Turnover Historical Data

The historical data trend for Iskandar Waterfront City 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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Iskandar Waterfront City Bhd Receivables Turnover Chart

Iskandar Waterfront City Bhd Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.62 0.40 0.14 0.75 0.70

Iskandar Waterfront City Bhd Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Receivables Turnover Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.13 0.17 0.16 0.25 0.22

Competitive Comparison of Iskandar Waterfront City Bhd's Receivables Turnover

For the Real Estate - Development subindustry, Iskandar Waterfront City 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.


Iskandar Waterfront City Bhd's Receivables Turnover Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Iskandar Waterfront City Bhd's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Iskandar Waterfront City Bhd's Receivables Turnover falls into.



Iskandar Waterfront City Bhd Receivables Turnover Calculation

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

Iskandar Waterfront City Bhd's Receivables Turnover for the fiscal year that ended in Dec. 2023 is calculated as

Receivables Turnover (A: Dec. 2023 )
=Revenue / Average Total Inventories
=Revenue (A: Dec. 2023 ) / ((Accounts Receivable (A: Dec. 2022 ) + Accounts Receivable (A: Dec. 2023 )) / count )
=104.721 / ((129.462 + 170.737) / 2 )
=104.721 / 150.0995
=0.70

Iskandar Waterfront City 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 )
=38.21 / ((170.737 + 173.97) / 2 )
=38.21 / 172.3535
=0.22

* 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.


Iskandar Waterfront City Bhd  (XKLS:1589) 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.


Iskandar Waterfront City Bhd Receivables Turnover Related Terms

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Iskandar Waterfront City Bhd (XKLS:1589) Business Description

Traded in Other Exchanges
N/A
Address
Jalan Skudai, Danga Bay, No. G08, Block 8, Johor Bahru, JHR, MYS, 80200
Iskandar Waterfront City Bhd is an investment holding company. It is involved in the businesses of property development and construction. The company's reportable segments: Property Development, Construction and Others. It generates majority of its revenue from the Property development segment which involves the development of residential and commercial properties.

Iskandar Waterfront City Bhd (XKLS:1589) Headlines

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