Sanli Environmental (SGX:1E3) Receivables Turnover : 4.17 (As of Sep. 2023)

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What is Sanli Environmental 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. Sanli Environmental's Revenue for the six months ended in Sep. 2023 was S$50.7 Mil. Sanli Environmental's average Accounts Receivable for the six months ended in Sep. 2023 was S$12.2 Mil. Hence, Sanli Environmental's Receivables Turnover for the six months ended in Sep. 2023 was 4.17.

Sanli Environmental Receivables Turnover Historical Data

The historical data trend for Sanli Environmental'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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Sanli Environmental Receivables Turnover Chart

Sanli Environmental Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Receivables Turnover

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5.09

5.70

8.05

12.53

13.48

Sanli Environmental Semi-Annual Data
	Mar14	Mar15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Receivables Turnover	Get a 7-Day Free Trial													5.33	7.66	6.09	7.02	4.17

Competitive Comparison of Sanli Environmental's Receivables Turnover

For the Waste Management subindustry, Sanli Environmental'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.

Sanli Environmental's Receivables Turnover Distribution in the Waste Management Industry

For the Waste Management industry and Industrials sector, Sanli Environmental's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Sanli Environmental's Receivables Turnover falls into.

Sanli Environmental Receivables Turnover Calculation

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

Sanli Environmental's Receivables Turnover for the fiscal year that ended in Mar. 2023 is calculated as

	Receivables Turnover (A: Mar. 2023 )
=	Revenue	/	Average Total Inventories
=	Revenue (A: Mar. 2023 )	/ (	(Accounts Receivable (A: Mar. 2022 )	+	Accounts Receivable (A: Mar. 2023 ))	/	count )
=	106.428	/ (	(4.701	+	11.09)	/	2 )
=	106.428	/	7.8955
=	13.48

Sanli Environmental's Receivables Turnover for the quarter that ended in Sep. 2023 is calculated as

	Receivables Turnover (Q: Sep. 2023 )
=	Revenue	/	Average Total Inventories
=	Revenue (Q: Sep. 2023 )	/ (	(Accounts Receivable (Q: Mar. 2023 )	+	Accounts Receivable (Q: Sep. 2023 ))	/	count )
=	50.656	/ (	(11.09	+	13.215)	/	2 )
=	50.656	/	12.1525
=	4.17

Sanli Environmental (SGX:1E3) 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.

Sanli Environmental Receivables Turnover Related Terms

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Sanli Environmental (SGX:1E3) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Waste Management » Sanli Environmental Ltd (SGX:1E3) » Definitions » Receivables Turnover

Comparable Companies

Traded in Other Exchanges

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Address

28 Kian Teck Drive, Singapore, SGP, 628845

Website

https://www.sanli.com.sg

Sanli Environmental Ltd is an investment holding and provision of management services. The company's operating segment includes Engineering, Procurement, and Construction (EPC), and Operations and Maintenance (O&M). It generates maximum revenue from the EPC segment. The EPC segment is engaged in the provision of engineering, procurement, and construction services relating to water and waste management. Geographically, it derives revenue from Singapore.

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