TS Wonders Holding (HKSE:01767) Receivables Turnover : 3.51 (As of Dec. 2024)

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What is TS Wonders Holding 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. TS Wonders Holding's Revenue for the six months ended in Dec. 2024 was HK$213.4 Mil. TS Wonders Holding's average Accounts Receivable for the six months ended in Dec. 2024 was HK$60.7 Mil. Hence, TS Wonders Holding's Receivables Turnover for the six months ended in Dec. 2024 was 3.51.

TS Wonders Holding Receivables Turnover Historical Data

The historical data trend for TS Wonders Holding'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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TS Wonders Holding Receivables Turnover Chart

TS Wonders Holding Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Receivables Turnover

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5.48

4.98

5.99

5.95

5.84

TS Wonders Holding Semi-Annual Data
	Dec15	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													3.76	3.28	3.68	3.19	3.51

Competitive Comparison of TS Wonders Holding's Receivables Turnover

For the Packaged Foods subindustry, TS Wonders Holding'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.

TS Wonders Holding's Receivables Turnover Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, TS Wonders Holding's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where TS Wonders Holding's Receivables Turnover falls into.

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TS Wonders Holding Receivables Turnover Calculation

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

TS Wonders Holding'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 )
=	402.704	/ (	(67.762	+	70.101)	/	2 )
=	402.704	/	68.9315
=	5.84

TS Wonders Holding'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 )
=	213.394	/ (	(51.395	+	70.101)	/	2 )
=	213.394	/	60.748
=	3.51

TS Wonders Holding (HKSE:01767) 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.

TS Wonders Holding Receivables Turnover Related Terms

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TS Wonders Holding Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » TS Wonders Holding Ltd (HKSE:01767) » Definitions » Receivables Turnover

Comparable Companies

Traded in Other Exchanges

N/A

Address

255 Pandan Loop, Singapore, SGP, 128433

Website

https://www.taisun.com.sg

TS Wonders Holding Ltd and its subsidiaries are engaged in the production, packaging, and retailing of food products. The company's products include snack food options such as Roasted nuts, Baked nuts, Cassava chips, Potato chips, Dried fruits and other snacks. The three reportable segments are Nuts; Chips and Others, of which key revenue is derived from the Nuts segment. The products have been sold and distributed to over various countries, including Singapore, Malaysia, the PRC, India, the United Kingdom and Indonesia.

Executives

Han Yew Lang	2501 Other
Lim Fung Chor	2201 Interest of corporation controlled by you
Lim Fung Yee	2201 Interest of corporation controlled by you
Lim Seow Yen	2201 Interest of corporation controlled by you
Loo Soon Hock James	2501 Other
Ong Liow Wah	2501 Other
Swl Limited	2101 Beneficial owner

TS Wonders Holding Headlines

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