AGV Group (SGX:1A4) Receivables Turnover : 1.31 (As of Jun. 2021)

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What is AGV Group 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. AGV Group's Revenue for the three months ended in Jun. 2021 was S$3.73 Mil. AGV Group's average Accounts Receivable for the three months ended in Jun. 2021 was S$2.85 Mil. Hence, AGV Group's Receivables Turnover for the three months ended in Jun. 2021 was 1.31.

AGV Group Receivables Turnover Historical Data

The historical data trend for AGV Group'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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AGV Group Receivables Turnover Chart

AGV Group Annual Data

Trend

Sep13

Sep14

Sep15

Sep16

Sep17

Sep18

Sep19

Sep20

Receivables Turnover

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3.54

3.21

2.86

4.43

5.09

AGV Group Quarterly Data
	Sep13	Sep14	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Jun20	Sep20	Mar21	Jun21
Receivables Turnover	Get a 7-Day Free Trial												-	0.15	1.28	-	1.31

Competitive Comparison of AGV Group's Receivables Turnover

For the Metal Fabrication subindustry, AGV Group'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.

AGV Group's Receivables Turnover Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, AGV Group's Receivables Turnover distribution charts can be found below:

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

AGV Group Receivables Turnover Calculation

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

AGV Group's Receivables Turnover for the fiscal year that ended in Sep. 2020 is calculated as

	Receivables Turnover (A: Sep. 2020 )
=	Revenue	/	Average Total Inventories
=	Revenue (A: Sep. 2020 )	/ (	(Accounts Receivable (A: Sep. 2019 )	+	Accounts Receivable (A: Sep. 2020 ))	/	count )
=	10.265	/ (	(2.413	+	1.619)	/	2 )
=	10.265	/	2.016
=	5.09

AGV Group's Receivables Turnover for the quarter that ended in Jun. 2021 is calculated as

	Receivables Turnover (Q: Jun. 2021 )
=	Revenue	/	Average Total Inventories
=	Revenue (Q: Jun. 2021 )	/ (	(Accounts Receivable (Q: Mar. 2021 )	+	Accounts Receivable (Q: Jun. 2021 ))	/	count )
=	3.725	/ (	(2.797	+	2.902)	/	2 )
=	3.725	/	2.8495
=	1.31

AGV Group (SGX:1A4) 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.

AGV Group Receivables Turnover Related Terms

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AGV Group (SGX:1A4) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » AGV Group Ltd (SGX:1A4) » Definitions » Receivables Turnover

Comparable Companies

Traded in Other Exchanges

N/A

Address

22 Benoi Road, Singapore, SGP, 629892

Website

http://www.agvgroup.com.sg

AGV Group Ltd is an investment holding company, which engages in galvanizing business. It offers hot-dip galvanized services to the steel and iron fabrication industries in Singapore. It supports a range of customers in the field of the public sector and transport sectors. The company also engages in consultation and contract works relating to galvanization. The group operates in two geographical areas, being Singapore and Malaysia. Majority of the firm's revenue gets derived from Singapore.

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