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Heeton Holdings (SGX:5DP) Receivables Turnover : 49.78 (As of Dec. 2023)


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What is Heeton 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. Heeton Holdings's Revenue for the six months ended in Dec. 2023 was S$37.16 Mil. Heeton Holdings's average Accounts Receivable for the six months ended in Dec. 2023 was S$0.75 Mil. Hence, Heeton Holdings's Receivables Turnover for the six months ended in Dec. 2023 was 49.78.


Heeton Holdings Receivables Turnover Historical Data

The historical data trend for Heeton 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.

* Premium members only.

Heeton Holdings Receivables Turnover Chart

Heeton Holdings Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 43.29 23.32 44.53 51.06 73.48

Heeton 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 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 22.61 15.20 25.16 55.72 49.78

Competitive Comparison of Heeton Holdings's Receivables Turnover

For the Lodging subindustry, Heeton 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.


Heeton Holdings's Receivables Turnover Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Heeton Holdings's Receivables Turnover distribution charts can be found below:

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



Heeton Holdings Receivables Turnover Calculation

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

Heeton Holdings'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 )
=67.857 / ((0.728 + 1.119) / 2 )
=67.857 / 0.9235
=73.48

Heeton 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 )
=37.158 / ((0.374 + 1.119) / 2 )
=37.158 / 0.7465
=49.78

* 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.


Heeton Holdings  (SGX:5DP) 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.


Heeton Holdings Receivables Turnover Related Terms

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Heeton Holdings (SGX:5DP) Business Description

Traded in Other Exchanges
Address
60 Paya Lebar Road, No. 08-36 Paya Lebar Square, Singapore, SGP, 409051
Heeton Holdings Ltd is a real estate conglomerate providing property development, investment, and management services. The company's real estate portfolio includes commercial properties such as shopping malls, serviced offices, and hotels. Its operating segments include Property Investment; Property development; Hospitality; and Corporate. The company generates maximum revenue from the Hospitality segment that is involved in hotel operations and related services. Geographically, it derives the majority of its revenue from the United Kingdom.

Heeton Holdings (SGX:5DP) Headlines

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