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H2G Green (SGX:5AI) Receivables Turnover : 1.02 (As of Sep. 2023)


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What is H2G Green 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. H2G Green's Revenue for the six months ended in Sep. 2023 was S$4.17 Mil. H2G Green's average Accounts Receivable for the six months ended in Sep. 2023 was S$4.08 Mil. Hence, H2G Green's Receivables Turnover for the six months ended in Sep. 2023 was 1.02.


H2G Green Receivables Turnover Historical Data

The historical data trend for H2G Green'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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H2G Green Receivables Turnover Chart

H2G Green Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 9.46 10.37 8.87 11.05 13.13

H2G Green Semi-Annual Data
Mar14 Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23
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 1.95 2.83 3.18 2.81 1.02

Competitive Comparison of H2G Green's Receivables Turnover

For the Furnishings, Fixtures & Appliances subindustry, H2G Green'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.


H2G Green's Receivables Turnover Distribution in the Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, H2G Green's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where H2G Green's Receivables Turnover falls into.



H2G Green Receivables Turnover Calculation

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

H2G Green's Receivables Turnover for the fiscal year that ended in Mar. 2023 is calculated as

Receivables Turnover (A: Mar. 2023 )
=Revenue / Average Total Inventories
=Revenue (A: Mar. 2023 ) / ((Accounts Receivable (A: Mar. 2022 ) + Accounts Receivable (A: Mar. 2023 )) / count )
=13.655 / ((0.845 + 1.235) / 2 )
=13.655 / 1.04
=13.13

H2G Green's Receivables Turnover for the quarter that ended in Sep. 2023 is calculated as

Receivables Turnover (Q: Sep. 2023 )
=Revenue / Average Total Inventories
=Revenue (Q: Sep. 2023 ) / ((Accounts Receivable (Q: Mar. 2023 ) + Accounts Receivable (Q: Sep. 2023 )) / count )
=4.172 / ((1.235 + 6.927) / 2 )
=4.172 / 4.081
=1.02

* 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.


H2G Green  (SGX:5AI) 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.


H2G Green Receivables Turnover Related Terms

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H2G Green (SGX:5AI) Business Description

Traded in Other Exchanges
N/A
Address
39 Kaki Bukit Place, Eunos Techpark, Singapore, SGP, 416217
H2G Green Ltd is engaged in the provision of management services to its subsidiaries. It operates through the following segments: Investment holding, High-end Furniture; Lighting; Mid-range Furniture, and Energy. The company generates a vast majority of its revenue from the furniture segment.

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