SHS Holdings (SGX:566) Receivables Turnover: 1.40 (As of Jun. 2026)

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SGX:566 SHS Holdings Ltd SGX:566
38 GF Score
Price S$0.12
GF Value S$0.59
Valuation Possible Value Trap
! 4 Warning Signs
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What is SHS Holdings Receivables Turnover?

SHS Holdings SGX:566 38 Receivables Turnover is 1.40 as of Jun. 2026. GuruFocus rates SGX:566 with a GF Score™ of 38/100 and a GF Value™ of S$0.59 (Possible Value Trap). The stock has 4 warning signs investors should review. Among 3,047 Industrial Products companies, SHS Holdings ranks worse than 63.57% 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. SHS Holdings's Revenue for the six months ended in Jun. 2026 was S$174.0 Mil. SHS Holdings's average Accounts Receivable for the six months ended in Jun. 2026 was S$124.0 Mil. Hence, SHS Holdings's Receivables Turnover for the six months ended in Jun. 2026 was 1.40.


SHS Holdings  (SGX:566) 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.


SHS Holdings Receivables Turnover Related Terms


SHS Holdings Receivables Turnover Historical Data

* Premium members only.

The historical data trend for SHS 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.

SHS Holdings Receivables Turnover Chart

SHS Holdings Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.50 3.41 2.78 2.60 4.15

SHS Holdings Semi-Annual Data
Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25 Jun26
Receivables Turnover Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.02 1.54 1.40 3.29 1.40

SGX:566 vs ATI, CRS, MLI: Receivables Turnover Comparison

For the Metal Fabrication subindustry, SHS 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.


SHS Holdings Receivables Turnover vs Industrial Products Industry

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

* The bar in red indicates where SHS Holdings's Receivables Turnover falls into.


SGX:566
38GF Score
SHS Holdings Ltd SGX:566
Receivables Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

SHS Holdings Receivables Turnover Calculation

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

SHS Holdings's Receivables Turnover for the fiscal year that ended in Dec. 2025 is calculated as

Receivables Turnover (A: Dec. 2025 )
=Revenue / Average Accounts Receivable
=Revenue (A: Dec. 2025 ) / ((Accounts Receivable (A: Dec. 2024 ) + Accounts Receivable (A: Dec. 2025 )) / count )
=262.202 / ((32.78 + 93.603) / 2 )
=262.202 / 63.1915
=4.15

SHS Holdings's Receivables Turnover for the quarter that ended in Jun. 2026 is calculated as

Receivables Turnover (Q: Jun. 2026 )
=Revenue / Average Accounts Receivable
=Revenue (Q: Jun. 2026 ) / ((Accounts Receivable (Q: Dec. 2025 ) + Accounts Receivable (Q: Jun. 2026 )) / count )
=174.048 / ((93.603 + 154.3) / 2 )
=174.048 / 123.9515
=1.40

* 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.

Frequently Asked Questions Learn more about Receivables Turnover →
What does a Receivables Turnover of 1.40 mean?
SHS Holdings (SGX:566) has a Receivables Turnover of 1.40 as of Jun. 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 SHS Holdings and its competitors. According to the industry distribution chart, SHS Holdings ranks #1937 out of 3047 companies in the Industrial Products industry, placing it in the top 63.6%.
Is SHS Holdings' Receivables Turnover too high?
SHS Holdings' current Receivables Turnover is 1.40. The Industrial Products industry median Receivables Turnover is 4.52. SHS Holdings' value of 1.40 is 69% below this industry median. Based on the distribution chart, SHS Holdings ranks #1937 out of 3047 companies in the Industrial Products industry, which is below the industry midpoint. Overall, SHS Holdings has a GF Score™ of 38/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does SHS Holdings' Receivables Turnover compare to ATI and CRS?
According to the Industrial Products industry distribution chart, SHS Holdings ranks #1937 out of 3047 companies for Receivables Turnover. This places SHS Holdings in the lower half of its industry. The industry median Receivables Turnover is 4.52. SHS Holdings' value of 1.40 is 69% 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 an Industrial Products company?
The median Receivables Turnover among Industrial Products companies is 4.52, based on 3,047 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. SHS Holdings's current Receivables Turnover of 1.40 is 69% 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 SHS Holdings and its competitors. For the Industrial Products industry, the median Receivables Turnover is 4.52 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. SHS Holdings's current Receivables Turnover is 1.40. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is SHS Holdings stock overvalued right now?
Based on GuruFocus' analysis, SHS Holdings (SGX:566) is currently considered Possible Value Trap. The stock's GF Value™ is S$0.59, compared to a current price of S$0.12 — trading 80.2% below its estimated fair value. The current Receivables Turnover is 1.40 and 69% below the Industrial Products industry median of 4.52. SHS Holdings' overall GF Score™ is 38/100 with 4 warning signs to review. 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 SHS Holdings (SGX:566), the current Receivables Turnover is 1.40 as of Jun. 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.

Is SHS Holdings (SGX:566) Overvalued in 2026?

Based on GuruFocus' analysis, SHS Holdings stock appears to be undervalued. The current stock price of S$0.12 is trading 80.2% below its estimated GF Value™ of S$0.59. GuruFocus considers SHS Holdings to be Possible Value Trap.

Key valuation signals for SGX:566:

  • Receivables Turnover: 1.40
  • GF Value™: S$0.59 vs. price of S$0.12 (80.2% below fair value)
  • GF Score™: 38/100 with 4 warning signs
  • Industry Position: 69% below the Industrial Products median (#1937 of 3047)

No single metric tells the full story. See the SGX:566 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


SHS Holdings Business Description

Address 19 Tuas Avenue 20, Singapore, SGP, 638830
SHS Holdings Ltd is engaged in the design, engineering, and construction of steel, aluminium and glass structures. It is also engaged in corrosion prevention, structural steel and facade and solar energy operations. The company's segments include Corrosion prevention; Solar Energy; Engineering and Construction and Others. The Engineering & Construction segment, deriving the majority of the revenue, is engaged in the business of designing, engineering, and constructing steel, aluminium, and glass structures, and the design, construction, and manufacturing services in modular construction projects.
38GF Score

Get the complete analysis for SGX:566

Receivables Turnover is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

S$0.12
Price
S$0.59
GF Value