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Star Group Asia (HKSE:01560) Receivables Turnover : 22.99 (As of Dec. 2024)


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What is Star Group Asia 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. Star Group Asia's Revenue for the six months ended in Dec. 2024 was HK$615 Mil. Star Group Asia's average Accounts Receivable for the six months ended in Dec. 2024 was HK$27 Mil. Hence, Star Group Asia's Receivables Turnover for the six months ended in Dec. 2024 was 22.99.

Star Group Asia Receivables Turnover Historical Data

The historical data trend for Star Group Asia'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.

Star Group Asia Receivables Turnover Chart

Star Group Asia Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 24.40 17.93 49.12 21.42 23.09

Star Group Asia Semi-Annual Data
Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24
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 40.05 2.43 18.07 17.44 22.99

Competitive Comparison of Star Group Asia's Receivables Turnover

For the Conglomerates subindustry, Star Group Asia'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.

Star Group Asia's Receivables Turnover Distribution in the Conglomerates Industry

For the Conglomerates industry and Industrials sector, Star Group Asia's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Star Group Asia's Receivables Turnover falls into.


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Star Group Asia Receivables Turnover Calculation

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

Star Group Asia's Receivables Turnover for the fiscal year that ended in Dec. 2024 is calculated as

Receivables Turnover (A: Dec. 2024 )
=Revenue / Average Total Inventories
=Revenue (A: Dec. 2024 ) / ((Accounts Receivable (A: Dec. 2023 ) + Accounts Receivable (A: Dec. 2024 )) / count )
=1133.074 / ((51.996 + 46.132) / 2 )
=1133.074 / 49.064
=23.09

Star Group Asia's Receivables Turnover for the quarter that ended in Dec. 2024 is calculated as

Receivables Turnover (Q: Dec. 2024 )
=Revenue / Average Total Inventories
=Revenue (Q: Dec. 2024 ) / ((Accounts Receivable (Q: Jun. 2024 ) + Accounts Receivable (Q: Dec. 2024 )) / count )
=615.153 / ((7.387 + 46.132) / 2 )
=615.153 / 26.7595
=22.99

* 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.

Star Group Asia  (HKSE:01560) 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.

Star Group Asia Receivables Turnover Related Terms

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Star Group Asia Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Conglomerates » Star Group Asia Ltd (HKSE:01560) » Definitions » Receivables Turnover
Comparable Companies
HKSE:00923 HKSE:00261 HKSE:00630 HKSE:08149 HKSE:08269 HKSE:00689 HKSE:00138 HKSE:00764 HKSE:01063 HKSE:00862 ADX:IHC HON TSE:6501 TSE:8058 MMM TSE:8001 TSE:8031 HKSE:00267 ADX:ALPHADHABI TSE:8053
Traded in Other Exchanges
N/A
Address
18 Harcourt Road, Tower 1, Unit 603, 6 Floor, Admiralty Centre, Admiralty, Hong Kong, HKG
Website
http://www.stargroupasia.com
Star Group Asia Ltd formerly Star Group Co Ltd is mainly focused on property development and investment, operating through segments including commercial and residential property development, property leasing (including serviced apartments and co-working spaces), wine sales, and cellar leasing, financing services, property management, construction and fitting out services, and media production services covering marketing, consultancy, film/advertisement production, concert organization, and artist management.
Executives
Lam Kin Kok
Chan Man Fai Joe 2101 Beneficial owner
Metropolitan Lifestyle (bvi) Limited 2101 Beneficial owner
Eagle Trend (bvi) Limited 2101 Beneficial owner

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