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Best World International (SGX:CGN) Receivables Turnover : 41.47 (As of Dec. 2023)


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What is Best World International 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. Best World International's Revenue for the three months ended in Dec. 2023 was S$201.3 Mil. Best World International's average Accounts Receivable for the three months ended in Dec. 2023 was S$4.9 Mil. Hence, Best World International's Receivables Turnover for the three months ended in Dec. 2023 was 41.47.


Best World International Receivables Turnover Historical Data

The historical data trend for Best World International'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.

Best World International Receivables Turnover Chart

Best World International 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 64.61 82.84 289.95 630.13 421.38

Best World International Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 45.53 17.61 16.79 13.19 41.47

Competitive Comparison of Best World International's Receivables Turnover

For the Household & Personal Products subindustry, Best World International'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.


Best World International's Receivables Turnover Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Best World International's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Best World International's Receivables Turnover falls into.



Best World International Receivables Turnover Calculation

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

Best World International'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 )
=514.51 / ((1.162 + 1.28) / 2 )
=514.51 / 1.221
=421.38

Best World International's Receivables Turnover for the quarter that ended in Dec. 2023 is calculated as

Receivables Turnover (Q: Dec. 2023 )
=Revenue / Average Total Inventories
=Revenue (Q: Dec. 2023 ) / ((Accounts Receivable (Q: Sep. 2023 ) + Accounts Receivable (Q: Dec. 2023 )) / count )
=201.295 / ((8.429 + 1.28) / 2 )
=201.295 / 4.8545
=41.47

* 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.


Best World International  (SGX:CGN) 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.


Best World International Receivables Turnover Related Terms

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Best World International (SGX:CGN) Business Description

Traded in Other Exchanges
N/A
Address
20 Pasir Panjang Road, No. 08-28 Mapletree Business City, Singapore, SGP, 117439
Best World International Ltd is an investment holding company and the distribution of nutritional supplement products, personal care products and healthcare equipment. The company's segment includes Direct selling; Franchise and others. It generates maximum revenue from the Direct selling segment. The Direct selling segment mainly comprises sales to customers through retail and online channels in Singapore, Malaysia, Indonesia, Thailand, Taiwan, Hong Kong, Vietnam, Philippines, Korea, Australia, New Zealand, United States, and United Arab Emirates.

Best World International (SGX:CGN) Headlines

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