Singapore Paincare Holdings (SGX:FRQ) Receivables Turnover : 5.12 (As of Dec. 2023)

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What is Singapore Paincare Holdings 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. Singapore Paincare Holdings's Revenue for the six months ended in Dec. 2023 was S$13.36 Mil. Singapore Paincare Holdings's average Accounts Receivable for the six months ended in Dec. 2023 was S$2.61 Mil. Hence, Singapore Paincare Holdings's Receivables Turnover for the six months ended in Dec. 2023 was 5.12.

Singapore Paincare Holdings Receivables Turnover Historical Data

The historical data trend for Singapore Paincare Holdings'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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Singapore Paincare Holdings Receivables Turnover Chart

Singapore Paincare Holdings Annual Data

Trend

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Receivables Turnover

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11.66

15.88

11.04

12.60

11.09

Singapore Paincare Holdings Semi-Annual Data
	Jun17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Receivables Turnover	Get a 7-Day Free Trial								6.33	6.52	5.41	4.98	5.12

Competitive Comparison of Singapore Paincare Holdings's Receivables Turnover

For the Medical Care Facilities subindustry, Singapore Paincare Holdings'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.

Singapore Paincare Holdings's Receivables Turnover Distribution in the Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, Singapore Paincare Holdings's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Singapore Paincare Holdings's Receivables Turnover falls into.

Singapore Paincare Holdings Receivables Turnover Calculation

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

Singapore Paincare Holdings's Receivables Turnover for the fiscal year that ended in Jun. 2023 is calculated as

	Receivables Turnover (A: Jun. 2023 )
=	Revenue	/	Average Total Inventories
=	Revenue (A: Jun. 2023 )	/ (	(Accounts Receivable (A: Jun. 2022 )	+	Accounts Receivable (A: Jun. 2023 ))	/	count )
=	22.081	/ (	(1.797	+	2.184)	/	2 )
=	22.081	/	1.9905
=	11.09

Singapore Paincare Holdings'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: Jun. 2023 )	+	Accounts Receivable (Q: Dec. 2023 ))	/	count )
=	13.36	/ (	(2.184	+	3.036)	/	2 )
=	13.36	/	2.61
=	5.12

Singapore Paincare Holdings (SGX:FRQ) 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.

Singapore Paincare Holdings Receivables Turnover Related Terms

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Singapore Paincare Holdings (SGX:FRQ) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » Singapore Paincare Holdings Ltd (SGX:FRQ) » Definitions » Receivables Turnover

Comparable Companies

Traded in Other Exchanges

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Address

601 Macpherson Road, No. 06-20/21 Grantral Mall, Singapore, SGP, 368242

Website

https://www.sgpaincareholdings.com

Singapore Paincare Holdings Ltd is a medical services group engaged in pain care services, and primary care and other services. It offers Pain care services focused on the treatment of patients suffering from chronic pain. Its pain care services include, among others, minimally invasive procedures, cancer pain treatment, specialised injections, pharmacotherapy, and cognitive behavioural therapy. Its Primary care and other services provide general medical consultations, management of chronic and acute conditions, and dermatology services. Through its associated company, it also provides health screening services. The company derives its revenue from Singapore.

Singapore Paincare Holdings (SGX:FRQ) Headlines

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