Santak Holdings (SGX:580) Receivables Turnover : 2.21 (As of Dec. 2023)

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What is Santak Holdings 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. Santak Holdings's Revenue for the six months ended in Dec. 2023 was S$4.77 Mil. Santak Holdings's average Accounts Receivable for the six months ended in Dec. 2023 was S$2.16 Mil. Hence, Santak Holdings's Receivables Turnover for the six months ended in Dec. 2023 was 2.21.

Santak Holdings Receivables Turnover Historical Data

The historical data trend for Santak 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.

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Santak Holdings Receivables Turnover Chart

Santak Holdings Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Receivables Turnover

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4.59

5.59

5.32

4.81

3.63

Santak Holdings 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															2.33	1.99	1.74	2.46	2.21

Competitive Comparison of Santak Holdings's Receivables Turnover

For the Electronic Components subindustry, Santak 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.

Santak Holdings's Receivables Turnover Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Santak Holdings's Receivables Turnover distribution charts can be found below:

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

Santak Holdings Receivables Turnover Calculation

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

Santak Holdings's Receivables Turnover for the fiscal year that ended in Jun. 2023 is calculated as

	Receivables Turnover (A: Jun. 2023 )
=	Revenue	/	Average Total Inventories
=	Revenue (A: Jun. 2023 )	/ (	(Accounts Receivable (A: Jun. 2022 )	+	Accounts Receivable (A: Jun. 2023 ))	/	count )
=	8.632	/ (	(2.731	+	2.022)	/	2 )
=	8.632	/	2.3765
=	3.63

Santak Holdings'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 )
=	4.774	/ (	(2.022	+	2.303)	/	2 )
=	4.774	/	2.1625
=	2.21

Santak Holdings (SGX:580) 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.

Santak Holdings Receivables Turnover Related Terms

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Santak Holdings Business Description

Industry

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Traded in Other Exchanges

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Address

4 Clementi Loop, No.01-01, Singapore, SGP, 129810

Website

http://www.santak.com.sg

Santak Holdings Ltd is a Singapore-based manufacturer. Its units include Precision Engineering & Assembly Division, and Trading and Distribution Division. The Precision Engineering & Assembly Division is engaged in the manufacturing of customized precision machined components, sub-assembly, die-casting, as well as mold/fixture design and fabrication. The Trading and Distribution unit supplies custom-made electronic, electrical and mechanical components/products. Investment and Management Services is engaged in investment holding, provision of management, administrative, supervisory and consultancy services to Group entities. The company operates in Singapore, USA, Thailand, Ireland, Malaysia and Others, where the maximum revenue is generated from USA.

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