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Progen HoldingsSGX:583 Receivables Turnover is 6.48 as of Jun. 2026. The stock has 3 warning signs investors should review. Among 1,767 Construction companies, Progen Holdings ranks worse than 50.08% 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. Progen Holdings's Revenue for the
six
months ended in Jun. 2026 was S$6.86 Mil. Progen Holdings's average Accounts Receivable for the
six
months ended in Jun. 2026 was S$1.06 Mil.
Hence, Progen Holdings's Receivables Turnover for the
six
months ended in Jun. 2026 was 6.48.
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.
Progen Holdings Receivables Turnover Related Terms
Progen Holdings Receivables Turnover Historical Data
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The historical data trend for Progen 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.
SGX:583 vs TT, JCI, CARR: Receivables Turnover Comparison
For the Building Products & Equipment subindustry, Progen 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.
Progen Holdings Receivables Turnover vs Construction Industry
For the Construction industry and Industrials sector, Progen Holdings's Receivables Turnover distribution charts can be found below:
* The bar in red indicates where Progen Holdings's Receivables Turnover falls into.
* 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.
Progen Holdings (SGX:583) has a Receivables Turnover of 6.48 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 Progen Holdings and its competitors. According to the industry distribution chart, Progen Holdings ranks #885 out of 1767 companies in the Construction industry, placing it in the top 50.1%.
Is Progen Holdings' Receivables Turnover too high?
Progen Holdings' current Receivables Turnover is 6.48. The Construction industry median Receivables Turnover is 4.81. Progen Holdings' value of 6.48 is 34.7% above this industry median. Based on the distribution chart, Progen Holdings ranks #885 out of 1767 companies in the Construction industry, which is below the industry midpoint.
How does Progen Holdings' Receivables Turnover compare to TT and JCI?
According to the Construction industry distribution chart, Progen Holdings ranks #885 out of 1767 companies for Receivables Turnover. This places Progen Holdings in the lower half of its industry. The industry median Receivables Turnover is 4.81. Progen Holdings' value of 6.48 is 34.7% above 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 a Construction company?
The median Receivables Turnover among Construction companies is 4.81, based on 1,767 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. Progen Holdings's current Receivables Turnover of 6.48 is 34.7% above 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 Progen Holdings and its competitors. For the Construction industry, the median Receivables Turnover is 4.81 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Progen Holdings's current Receivables Turnover is 6.48. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Progen Holdings stock overvalued right now?
Progen Holdings (SGX:583) has a current Receivables Turnover of 6.48. The current Receivables Turnover is 6.48 and 34.7% above the Construction industry median of 4.81. 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 Progen Holdings (SGX:583), the current Receivables Turnover is 6.48 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.
Progen Holdings Ltd is a Singapore-based investment holding company. Along with its subsidiaries, it is principally engaged in the business of design, supply, installation, and maintenance of air conditioners, cooling, and mechanical ventilation systems. The group's reportable segments are Products and installation, Servicing and maintenance, Rental, Property development, and Others. Majority of its revenue is generated from the Products and installation segment, which relates to the contracting of engineering works, cooling towers, air-conditioning, and mechanical ventilation systems. Geographically, it operates substantially in Singapore.
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