SLB Development (SGX:1J0) Receivables Turnover : 0.61 (As of Nov. 2024)

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What is SLB Development 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. SLB Development's Revenue for the six months ended in Nov. 2024 was S$0.50 Mil. SLB Development's average Accounts Receivable for the six months ended in Nov. 2024 was S$0.83 Mil. Hence, SLB Development's Receivables Turnover for the six months ended in Nov. 2024 was 0.61.

SLB Development Receivables Turnover Historical Data

The historical data trend for SLB Development'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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SLB Development Receivables Turnover Chart

SLB Development Annual Data

Trend

May15

May16

May17

May18

May19

May20

May21

May22

May23

May24

Receivables Turnover

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21.14

55.16

64.59

5.56

0.10

SLB Development Semi-Annual Data
	May15	May16	Nov16	May17	Nov17	May18	Nov18	May19	Nov19	May20	Nov20	May21	Nov21	May22	Nov22	May23	Nov23	May24	Nov24
Receivables Turnover	Get a 7-Day Free Trial														4.69	0.62	0.05	1.69	0.61

Competitive Comparison of SLB Development's Receivables Turnover

For the Real Estate - Development subindustry, SLB Development'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.

SLB Development's Receivables Turnover Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, SLB Development's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where SLB Development's Receivables Turnover falls into.

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SLB Development Receivables Turnover Calculation

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

SLB Development's Receivables Turnover for the fiscal year that ended in May. 2024 is calculated as

	Receivables Turnover (A: May. 2024 )
=	Revenue	/	Average Total Inventories
=	Revenue (A: May. 2024 )	/ (	(Accounts Receivable (A: May. 2023 )	+	Accounts Receivable (A: May. 2024 ))	/	count )
=	0.805	/ (	(15.756	+	0.476)	/	2 )
=	0.805	/	8.116
=	0.10

SLB Development's Receivables Turnover for the quarter that ended in Nov. 2024 is calculated as

	Receivables Turnover (Q: Nov. 2024 )
=	Revenue	/	Average Total Inventories
=	Revenue (Q: Nov. 2024 )	/ (	(Accounts Receivable (Q: May. 2024 )	+	Accounts Receivable (Q: Nov. 2024 ))	/	count )
=	0.503	/ (	(0.476	+	1.175)	/	2 )
=	0.503	/	0.8255
=	0.61

SLB Development (SGX:1J0) 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.

SLB Development Receivables Turnover Related Terms

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SLB Development Business Description

Industry

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Address

29 Harrison Road, Suite 07-00 Lian Beng Building, Singapore, SGP, 369648

Website

https://www.slbdevelopment.com.sg

SLB Development Ltd is an investment holding company. The company operates in three segments namely Property development, which is involved in the development and sale of properties (residential, commercial, and industrial), as well as the provision of development management services; The Fund management & investment segment refers to the Group's business as a fund manager through joint ventures and strategic alliance with third parties, as well as investment in the funds managed by fund managers such as through participation by way of a limited partner or shareholder in the fund company; and The corporate segment mainly relates to corporate office functions. It generates the majority of its revenue from Property development segment.

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