Polaris (SGX:5BI) Receivables Turnover : 2.97 (As of Dec. 2024)

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What is Polaris 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. Polaris's Revenue for the three months ended in Dec. 2024 was S$6.15 Mil. Polaris's average Accounts Receivable for the three months ended in Dec. 2024 was S$2.07 Mil. Hence, Polaris's Receivables Turnover for the three months ended in Dec. 2024 was 2.97.

Polaris Receivables Turnover Historical Data

The historical data trend for Polaris'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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Polaris Receivables Turnover Chart

Polaris Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Receivables Turnover

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5.04

15.14

30.03

16.44

14.84

Polaris Quarterly Data
	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Sep23	Dec23	Jun24	Sep24	Dec24
Receivables Turnover	Get a 7-Day Free Trial															2.48	3.81	-	1.92	2.97

Competitive Comparison of Polaris's Receivables Turnover

For the Specialty Retail subindustry, Polaris'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.

Polaris's Receivables Turnover Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Polaris's Receivables Turnover distribution charts can be found below:

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

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Polaris Receivables Turnover Calculation

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

Polaris's Receivables Turnover for the fiscal year that ended in Dec. 2024 is calculated as

	Receivables Turnover (A: Dec. 2024 )
=	Revenue	/	Average Total Inventories
=	Revenue (A: Dec. 2024 )	/ (	(Accounts Receivable (A: Dec. 2023 )	+	Accounts Receivable (A: Dec. 2024 ))	/	count )
=	23.499	/ (	(1.758	+	1.409)	/	2 )
=	23.499	/	1.5835
=	14.84

Polaris's Receivables Turnover for the quarter that ended in Dec. 2024 is calculated as

	Receivables Turnover (Q: Dec. 2024 )
=	Revenue	/	Average Total Inventories
=	Revenue (Q: Dec. 2024 )	/ (	(Accounts Receivable (Q: Sep. 2024 )	+	Accounts Receivable (Q: Dec. 2024 ))	/	count )
=	6.146	/ (	(2.729	+	1.409)	/	2 )
=	6.146	/	2.069
=	2.97

Polaris (SGX:5BI) 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.

Polaris Receivables Turnover Related Terms

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Polaris Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Polaris Ltd (SGX:5BI) » Definitions » Receivables Turnover

Comparable Companies

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Address

81 Ubi Avenue 4, Number 03-11 UB.One, Singapore, SGP, 408830

Website

https://www.wearepolaris.sg

Polaris Ltd is an investment holding company. The segments of the company include the Pre-owned luxury goods segment, which engages in the business of importing and exporting pre-owned luxury goods and premium lifestyle products; the Consumer electronics segment, which engages in the corporate sale of telecommunication, IT, educational robotics, and consumer electronics products; Customer services segment, which provides after-market services to end consumers for equipment repairs, refurbishments, and technical services; and Corporate segment, which is involved in Group-level corporate services, treasury functions, and investments.

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