Patimas Computers Bhd (XKLS:7042) Receivables Turnover : 2.09 (As of Dec. 2013)

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

What is Patimas Computers 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. Patimas Computers Bhd's Revenue for the three months ended in Dec. 2013 was RM3.98 Mil. Patimas Computers Bhd's average Accounts Receivable for the three months ended in Dec. 2013 was RM1.90 Mil. Hence, Patimas Computers Bhd's Receivables Turnover for the three months ended in Dec. 2013 was 2.09.

Patimas Computers Bhd Receivables Turnover Historical Data

The historical data trend for Patimas Computers 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.

Patimas Computers Bhd Receivables Turnover Chart

Patimas Computers Bhd Annual Data

Trend

Dec06

Dec07

Dec08

Dec09

Dec10

Mar12

Mar13

Receivables Turnover

Get a 7-Day Free Trial

2.23

2.43

2.56

2.92

3.61

Patimas Computers Bhd Quarterly Data
	Mar11	Sep12	Dec12	Mar13	Jun13	Sep13	Dec13
Receivables Turnover	Get a 7-Day Free Trial			-	2.33	1.79	1.99	2.09

Competitive Comparison of Patimas Computers Bhd's Receivables Turnover

For the Information Technology Services subindustry, Patimas Computers 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.

Patimas Computers Bhd's Receivables Turnover Distribution in the Software Industry

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

* The bar in red indicates where Patimas Computers Bhd's Receivables Turnover falls into.

Patimas Computers Bhd Receivables Turnover Calculation

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

Patimas Computers Bhd's Receivables Turnover for the fiscal year that ended in Mar. 2013 is calculated as

	Receivables Turnover (A: Mar. 2013 )
=	Revenue	/	Average Total Inventories
=	Revenue (A: Mar. 2013 )	/ (	(Accounts Receivable (A: Mar. 2012 )	+	Accounts Receivable (A: Mar. 2013 ))	/	count )
=	26.987	/ (	(13.27	+	1.671)	/	2 )
=	26.987	/	7.4705
=	3.61

Patimas Computers Bhd's Receivables Turnover for the quarter that ended in Dec. 2013 is calculated as

	Receivables Turnover (Q: Dec. 2013 )
=	Revenue	/	Average Total Inventories
=	Revenue (Q: Dec. 2013 )	/ (	(Accounts Receivable (Q: Sep. 2013 )	+	Accounts Receivable (Q: Dec. 2013 ))	/	count )
=	3.982	/ (	(1.664	+	2.138)	/	2 )
=	3.982	/	1.901
=	2.09

Patimas Computers Bhd (XKLS:7042) 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.

Patimas Computers Bhd Receivables Turnover Related Terms

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

Patimas Computers Bhd (XKLS:7042) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Patimas Computers Bhd (XKLS:7042) » Definitions » Receivables Turnover

Comparable Companies

Traded in Other Exchanges

N/A

Address

Website

http://www.patimas.com

Patimas Computers Bhd is a investment holding company engaged in the provision of management services and provision of computer equipment rental.

Patimas Computers Bhd (XKLS:7042) Headlines

No Headlines