CSE Global (SGX:544) Receivables Turnover : 2.83 (As of Dec. 2023)

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What is CSE Global 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. CSE Global's Revenue for the six months ended in Dec. 2023 was S$375.8 Mil. CSE Global's average Accounts Receivable for the six months ended in Dec. 2023 was S$132.8 Mil. Hence, CSE Global's Receivables Turnover for the six months ended in Dec. 2023 was 2.83.

CSE Global Receivables Turnover Historical Data

The historical data trend for CSE Global'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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CSE Global Receivables Turnover Chart

CSE Global Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Receivables Turnover

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5.28

5.33

6.12

6.47

6.83

CSE Global Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Receivables Turnover	Get a 7-Day Free Trial															2.58	2.80	2.70	2.72	2.83

Competitive Comparison of CSE Global's Receivables Turnover

For the Information Technology Services subindustry, CSE Global'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.

CSE Global's Receivables Turnover Distribution in the Software Industry

For the Software industry and Technology sector, CSE Global's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where CSE Global's Receivables Turnover falls into.

CSE Global Receivables Turnover Calculation

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

CSE Global's Receivables Turnover for the fiscal year that ended in Dec. 2023 is calculated as

	Receivables Turnover (A: Dec. 2023 )
=	Revenue	/	Average Total Inventories
=	Revenue (A: Dec. 2023 )	/ (	(Accounts Receivable (A: Dec. 2022 )	+	Accounts Receivable (A: Dec. 2023 ))	/	count )
=	725.051	/ (	(101.963	+	110.309)	/	2 )
=	725.051	/	106.136
=	6.83

CSE Global's Receivables Turnover for the quarter that ended in Dec. 2023 is calculated as

	Receivables Turnover (Q: Dec. 2023 )
=	Revenue	/	Average Total Inventories
=	Revenue (Q: Dec. 2023 )	/ (	(Accounts Receivable (Q: Jun. 2023 )	+	Accounts Receivable (Q: Dec. 2023 ))	/	count )
=	375.772	/ (	(155.311	+	110.309)	/	2 )
=	375.772	/	132.81
=	2.83

CSE Global (SGX:544) 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.

CSE Global Receivables Turnover Related Terms

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CSE Global (SGX:544) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » CSE Global Ltd (SGX:544) » Definitions » Receivables Turnover

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CSYJF:USA

Address

202 Bedok South Avenue 1, Building C No. 01-21, Singapore, SGP, 469332

Website

https://www.cse-global.com

CSE Global Ltd is an international technology company. It is engaged in the provision of total integrated industrial automation, information technology and intelligent transport solutions and investment holding. The company provide network and security solutions, targeting to Mining, Infrastructure, Oil, and Gas industry. The revenue sources of the group are Project revenue, Time and material revenue, Maintenance revenue and Equipment rental. The geographical regions of the company are Americas, Asia Pacific and EMEA.

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