AP Oil International (SGX:5AU) Receivables Turnover : 4.77 (As of Jun. 2024)

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What is AP Oil International 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. AP Oil International's Revenue for the six months ended in Jun. 2024 was S$27.56 Mil. AP Oil International's average Accounts Receivable for the six months ended in Jun. 2024 was S$5.77 Mil. Hence, AP Oil International's Receivables Turnover for the six months ended in Jun. 2024 was 4.77.

AP Oil International Receivables Turnover Historical Data

The historical data trend for AP Oil International'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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AP Oil International Receivables Turnover Chart

AP Oil International Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Receivables Turnover

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7.06

8.81

10.10

10.44

8.13

AP Oil International Semi-Annual Data
	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
Receivables Turnover	Get a 7-Day Free Trial															5.18	5.15	3.89	4.75	4.77

Competitive Comparison of AP Oil International's Receivables Turnover

For the Oil & Gas Refining & Marketing subindustry, AP Oil International'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.

AP Oil International's Receivables Turnover Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, AP Oil International's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where AP Oil International's Receivables Turnover falls into.

AP Oil International Receivables Turnover Calculation

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

AP Oil International'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 )
=	46.217	/ (	(5.663	+	5.706)	/	2 )
=	46.217	/	5.6845
=	8.13

AP Oil International's Receivables Turnover for the quarter that ended in Jun. 2024 is calculated as

	Receivables Turnover (Q: Jun. 2024 )
=	Revenue	/	Average Total Inventories
=	Revenue (Q: Jun. 2024 )	/ (	(Accounts Receivable (Q: Dec. 2023 )	+	Accounts Receivable (Q: Jun. 2024 ))	/	count )
=	27.556	/ (	(5.706	+	5.84)	/	2 )
=	27.556	/	5.773
=	4.77

AP Oil International (SGX:5AU) 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.

AP Oil International Receivables Turnover Related Terms

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AP Oil International Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » AP Oil International Ltd (SGX:5AU) » Definitions » Receivables Turnover

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Traded in Other Exchanges

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Address

18 Pioneer Sector 1, Jurong, Singapore, SGP, 628428

Website

https://www.apoil.com.sg

AP Oil International Ltd is an investment holding company. The group operates its business through two main segments, namely Manufacturing and Trading. The manufacturing segment includes the manufacturing of a range of lubricating oil and specialty chemicals for industrial, automotive, and marine applications, as well as the provision of oil blending services and the rental of cleaning equipment to its customers. The trading segment trades in base oil and additives and specialty chemicals. Its geographical segments are Singapore, Southeast Asia, the Middle East, the Indian subcontinent, and Other regions.

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