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Chemical Industries (Far East) (SGX:C05) Receivables Turnover : 2.31 (As of Sep. 2023)


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What is Chemical Industries (Far East) 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. Chemical Industries (Far East)'s Revenue for the six months ended in Sep. 2023 was S$38.42 Mil. Chemical Industries (Far East)'s average Accounts Receivable for the six months ended in Sep. 2023 was S$16.67 Mil. Hence, Chemical Industries (Far East)'s Receivables Turnover for the six months ended in Sep. 2023 was 2.31.


Chemical Industries (Far East) Receivables Turnover Historical Data

The historical data trend for Chemical Industries (Far East)'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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Chemical Industries (Far East) Receivables Turnover Chart

Chemical Industries (Far East) Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 6.88 6.16 5.91 6.25 6.35

Chemical Industries (Far East) Semi-Annual Data
Mar14 Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23
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 3.09 3.63 2.85 2.89 2.31

Competitive Comparison of Chemical Industries (Far East)'s Receivables Turnover

For the Chemicals subindustry, Chemical Industries (Far East)'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.


Chemical Industries (Far East)'s Receivables Turnover Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Chemical Industries (Far East)'s Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Chemical Industries (Far East)'s Receivables Turnover falls into.



Chemical Industries (Far East) Receivables Turnover Calculation

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

Chemical Industries (Far East)'s Receivables Turnover for the fiscal year that ended in Mar. 2023 is calculated as

Receivables Turnover (A: Mar. 2023 )
=Revenue / Average Total Inventories
=Revenue (A: Mar. 2023 ) / ((Accounts Receivable (A: Mar. 2022 ) + Accounts Receivable (A: Mar. 2023 )) / count )
=100.034 / ((16.156 + 15.347) / 2 )
=100.034 / 15.7515
=6.35

Chemical Industries (Far East)'s Receivables Turnover for the quarter that ended in Sep. 2023 is calculated as

Receivables Turnover (Q: Sep. 2023 )
=Revenue / Average Total Inventories
=Revenue (Q: Sep. 2023 ) / ((Accounts Receivable (Q: Mar. 2023 ) + Accounts Receivable (Q: Sep. 2023 )) / count )
=38.422 / ((15.347 + 17.983) / 2 )
=38.422 / 16.665
=2.31

* 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.


Chemical Industries (Far East)  (SGX:C05) 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.


Chemical Industries (Far East) Receivables Turnover Related Terms

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Chemical Industries (Far East) (SGX:C05) Business Description

Traded in Other Exchanges
N/A
Address
3 Jalan Samulun, Singapore, SGP, 629127
Chemical Industries (Far East) Ltd is engaged as the sole manufacturer of Chemical products in Singapore. The company operates through two segments Industrial Chemicals and Properties. It generates maximum revenue from the Industrial Chemicals segment. Geographically, it derives a majority of its revenue from Singapore. Its product portfolio consists of Chlorine, Caustic Soda, Sodium HypoChlorite, and Hydrochloric Acid.

Chemical Industries (Far East) (SGX:C05) Headlines

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