Dagang NeXchange Bhd (XKLS:4456) Receivables Turnover : 0.93 (As of Mar. 2024)

View and export this data going back to 1983. Start your Free Trial

What is Dagang NeXchange 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. Dagang NeXchange Bhd's Revenue for the three months ended in Mar. 2024 was RM309.8 Mil. Dagang NeXchange Bhd's average Accounts Receivable for the three months ended in Mar. 2024 was RM333.6 Mil. Hence, Dagang NeXchange Bhd's Receivables Turnover for the three months ended in Mar. 2024 was 0.93.

Dagang NeXchange Bhd Receivables Turnover Historical Data

The historical data trend for Dagang NeXchange 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.

Dagang NeXchange Bhd Receivables Turnover Chart

Dagang NeXchange Bhd Annual Data

Trend

Dec10

Dec11

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Receivables Turnover

Get a 7-Day Free Trial

1.47

2.51

3.89

4.48

4.58

Dagang NeXchange Bhd Quarterly Data
	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Mar21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Sep23	Mar24
Receivables Turnover	Get a 7-Day Free Trial															1.53	1.25	1.10	1.09	0.93

Competitive Comparison of Dagang NeXchange Bhd's Receivables Turnover

For the Information Technology Services subindustry, Dagang NeXchange 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.

Dagang NeXchange Bhd's Receivables Turnover Distribution in the Software Industry

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

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

Dagang NeXchange Bhd Receivables Turnover Calculation

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

Dagang NeXchange Bhd's Receivables Turnover for the fiscal year that ended in Dec. 2019 is calculated as

	Receivables Turnover (A: Dec. 2019 )
=	Revenue	/	Average Total Inventories
=	Revenue (A: Dec. 2019 )	/ (	(Accounts Receivable (A: Dec. 2018 )	+	Accounts Receivable (A: Dec. 2019 ))	/	count )
=	290.486	/ (	(74.39	+	52.345)	/	2 )
=	290.486	/	63.3675
=	4.58

Dagang NeXchange 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: Sep. 2023 )	+	Accounts Receivable (Q: Mar. 2024 ))	/	count )
=	309.818	/ (	(356.232	+	310.966)	/	2 )
=	309.818	/	333.599
=	0.93

Dagang NeXchange Bhd (XKLS:4456) 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.

Dagang NeXchange Bhd Receivables Turnover Related Terms

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

Dagang NeXchange Bhd (XKLS:4456) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Dagang NeXchange Bhd (XKLS:4456) » Definitions » Receivables Turnover

Comparable Companies

Traded in Other Exchanges

N/A

Address

Dagang Net Tower, Block 10 (A & B) Corporate Park, Star Central, Lingkaran, Cyberpoint Timur, Cyber 12, Cyberjaya, SGR, MYS, 63000

Website

http://www.dnex.com.my

Dagang NeXchange Bhd is a Malaysia based company. The business operates in various segments that include Corporate, which is an investment holding; Information Technology (IT), which supply, delivery, install, testing, commissioning and maintenance of IT hardware, development, management and provision of business to government (B2G) e-commerce and others; and Energy, which provides upstream oil and gas exploration, production sale of oil and gas-related equipment and services, provision of engineering, technical support and involvement in power plant, and energy-related business. The Information Technology segment generates maximum revenue for the company. It offers its services only to the Malaysia region.

Dagang NeXchange Bhd (XKLS:4456) Headlines

No Headlines