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FEG Holdings (HKSE:01413) Receivables Turnover : 3.17 (As of Sep. 2024)


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What is FEG 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. FEG Holdings's Revenue for the six months ended in Sep. 2024 was HK$298.9 Mil. FEG Holdings's average Accounts Receivable for the six months ended in Sep. 2024 was HK$94.3 Mil. Hence, FEG Holdings's Receivables Turnover for the six months ended in Sep. 2024 was 3.17.


FEG Holdings Receivables Turnover Historical Data

The historical data trend for FEG 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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FEG Holdings Receivables Turnover Chart

FEG Holdings Annual Data
Trend Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Receivables Turnover
Get a 7-Day Free Trial 8.90 10.50 11.76 8.21 8.77

FEG Holdings Semi-Annual Data
Mar18 Mar19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24
Receivables Turnover Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only 5.32 4.59 5.60 4.08 3.17

Competitive Comparison of FEG Holdings's Receivables Turnover

For the Engineering & Construction subindustry, FEG 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.


FEG Holdings's Receivables Turnover Distribution in the Construction Industry

For the Construction industry and Industrials sector, FEG Holdings's Receivables Turnover distribution charts can be found below:

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


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FEG Holdings Receivables Turnover Calculation

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

FEG Holdings's Receivables Turnover for the fiscal year that ended in Mar. 2024 is calculated as

Receivables Turnover (A: Mar. 2024 )
=Revenue / Average Total Inventories
=Revenue (A: Mar. 2024 ) / ((Accounts Receivable (A: Mar. 2023 ) + Accounts Receivable (A: Mar. 2024 )) / count )
=618.193 / ((31.335 + 109.579) / 2 )
=618.193 / 70.457
=8.77

FEG Holdings's Receivables Turnover for the quarter that ended in Sep. 2024 is calculated as

Receivables Turnover (Q: Sep. 2024 )
=Revenue / Average Total Inventories
=Revenue (Q: Sep. 2024 ) / ((Accounts Receivable (Q: Mar. 2024 ) + Accounts Receivable (Q: Sep. 2024 )) / count )
=298.86 / ((109.579 + 78.943) / 2 )
=298.86 / 94.261
=3.17

* 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.


FEG Holdings  (HKSE:01413) 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.


FEG Holdings Receivables Turnover Related Terms

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FEG Holdings Business Description

Traded in Other Exchanges
N/A
Address
138 Queen's Road Central, Room 1801, 18th Floor, Wei Xiang Building, Hong Kong, HKG
FEG Holdings Corp Ltd is a foundation works contractor in Hong Kong. The foundation work of the company is mainly comprised of excavation and lateral support, as well as other related projects, including pile cap engineering, underground drainage engineering, and site leveling engineering. The group's operations are located in Hong Kong.
Executives
Arena Investment Management (singapore) Pte Ltd 2102 Investment manager
Arena Investors, Lp 2102 Investment manager
Arena Sg Spv I, Llc 2201 Interest of corporation controlled by you
Tgga, Llc 2101 Beneficial owner
Ubs Group Ag 2201 Interest of corporation controlled by you
Cheung Tung Tsun Billy 2101 Beneficial owner
Illuminati International Artworks Trading Limited 2101 Beneficial owner
Lam Sha Chau 2201 Interest of corporation controlled by you
Ma Wenkui
Lin Tongbing
Kwong Luen Prosperity Limited 2101 Beneficial owner
Kwan Chui Ling 2201 Interest of corporation controlled by you
Yip Kwong Cheung 2201 Interest of corporation controlled by you
Yang Zhenwei

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