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SingAsia HoldingsHKSE:08293 Receivables Turnover is 2.12 as of Jan. 2026. The stock has 5 warning signs investors should review. Among 1,062 Business Services companies, SingAsia Holdings ranks worse than 53.3% on this metric.
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. SingAsia Holdings's Revenue for the
six
months ended in Jan. 2026 was HK$36.73 Mil. SingAsia Holdings's average Accounts Receivable for the
six
months ended in Jan. 2026 was HK$17.34 Mil.
Hence, SingAsia Holdings's Receivables Turnover for the
six
months ended in Jan. 2026 was 2.12.
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.
SingAsia Holdings Receivables Turnover Related Terms
SingAsia Holdings Receivables Turnover Historical Data
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The historical data trend for SingAsia 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.
HKSE:08293 vs RHI, KFY, TNET: Receivables Turnover Comparison
For the Staffing & Employment Services subindustry, SingAsia 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.
SingAsia Holdings Receivables Turnover vs Business Services Industry
For the Business Services industry and Industrials sector, SingAsia Holdings's Receivables Turnover distribution charts can be found below:
* The bar in red indicates where SingAsia Holdings's Receivables Turnover falls into.
* 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.
SingAsia Holdings (HKSE:08293) has a Receivables Turnover of 2.12 as of Jan. 2026. The accounts 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. View historical data on SingAsia Holdings and its competitors. According to the industry distribution chart, SingAsia Holdings ranks #566 out of 1062 companies in the Business Services industry, placing it in the top 53.3%.
Is SingAsia Holdings' Receivables Turnover too high?
SingAsia Holdings' current Receivables Turnover is 2.12. The Business Services industry median Receivables Turnover is 6.43. SingAsia Holdings' value of 2.12 is 67% below this industry median. Based on the distribution chart, SingAsia Holdings ranks #566 out of 1062 companies in the Business Services industry, which is below the industry midpoint.
How does SingAsia Holdings' Receivables Turnover compare to RHI and KFY?
According to the Business Services industry distribution chart, SingAsia Holdings ranks #566 out of 1062 companies for Receivables Turnover. This places SingAsia Holdings in the lower half of its industry. The industry median Receivables Turnover is 6.43. SingAsia Holdings' value of 2.12 is 67% below this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Receivables Turnover for a Business Services company?
The median Receivables Turnover among Business Services companies is 6.43, based on 1,062 companies in the industry. Companies in the top quartile (top 25%) have a Receivables Turnover significantly above this median, while those in the bottom quartile fall well below. However, Receivables Turnover should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. SingAsia Holdings's current Receivables Turnover of 2.12 is 67% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Receivables Turnover mean?
A high Receivables Turnover can signal that a stock is expensive relative to its fundamentals. The accounts 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. View historical data on SingAsia Holdings and its competitors. For the Business Services industry, the median Receivables Turnover is 6.43 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. SingAsia Holdings's current Receivables Turnover is 2.12. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is SingAsia Holdings stock overvalued right now?
Based on GuruFocus' analysis, SingAsia Holdings (HKSE:08293) is currently considered Significantly Overvalued. The stock's GF Value™ is HK$0.03, compared to a current price of HK$0.10 — trading 233.3% above its estimated fair value. The current Receivables Turnover is 2.12 and 67% below the Business Services industry median of 6.43. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Receivables Turnover calculated?
Receivables Turnover is calculated from a company's financial statements. For SingAsia Holdings (HKSE:08293), the current Receivables Turnover is 2.12 as of Jan. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
SingAsia Holdings Ltd provides specialised workforce solutions, offering manpower outsourcing and recruitment services in Singapore, and corporate development and training services in Hong Kong. The Group supports the hotel and resort, retail, food and beverage, and other sectors, including event organisers, facility management, and various industries across Singapore and Hong Kong. Revenue is generated from manpower outsourcing, recruitment, and corporate development and training services, with operations in both markets and maximum revenue from Singapore. The Group also acts as a one-stop workforce solutions provider, helping customers streamline operations through reliable staffing, HR support, and training services.
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