Rich Capital Holdings (SGX:5G4) Receivables Turnover : 0.51 (As of Sep. 2024)

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What is Rich Capital 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. Rich Capital Holdings's Revenue for the six months ended in Sep. 2024 was S$0.89 Mil. Rich Capital Holdings's average Accounts Receivable for the six months ended in Sep. 2024 was S$1.76 Mil. Hence, Rich Capital Holdings's Receivables Turnover for the six months ended in Sep. 2024 was 0.51.

Rich Capital Holdings Receivables Turnover Historical Data

The historical data trend for Rich Capital 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.

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Rich Capital Holdings Receivables Turnover Chart

Rich Capital Holdings Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Receivables Turnover

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4.95

11.30

3.18

Rich Capital Holdings Semi-Annual Data
	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23	Mar24	Sep24
Receivables Turnover	Get a 7-Day Free Trial															4.82	5.43	0.95	0.76	0.51

Competitive Comparison of Rich Capital Holdings's Receivables Turnover

For the Real Estate - Development subindustry, Rich Capital 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.

Rich Capital Holdings's Receivables Turnover Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Rich Capital Holdings's Receivables Turnover distribution charts can be found below:

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

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Rich Capital Holdings Receivables Turnover Calculation

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

Rich Capital Holdings's Receivables Turnover for the fiscal year that ended in Mar. 2024 is calculated as

	Receivables Turnover (A: Mar. 2024 )
=	Revenue	/	Average Total Inventories
=	Revenue (A: Mar. 2024 )	/ (	(Accounts Receivable (A: Mar. 2023 )	+	Accounts Receivable (A: Mar. 2024 ))	/	count )
=	4.894	/ (	(1.81	+	1.266)	/	2 )
=	4.894	/	1.538
=	3.18

Rich Capital Holdings's Receivables Turnover for the quarter that ended in Sep. 2024 is calculated as

	Receivables Turnover (Q: Sep. 2024 )
=	Revenue	/	Average Total Inventories
=	Revenue (Q: Sep. 2024 )	/ (	(Accounts Receivable (Q: Mar. 2024 )	+	Accounts Receivable (Q: Sep. 2024 ))	/	count )
=	0.888	/ (	(1.266	+	2.248)	/	2 )
=	0.888	/	1.757
=	0.51

Rich Capital Holdings (SGX:5G4) 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.

Rich Capital Holdings Receivables Turnover Related Terms

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Rich Capital Holdings Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Rich Capital Holdings Ltd (SGX:5G4) » Definitions » Receivables Turnover

Traded in Other Exchanges

N/A

Address

140 Paya Lebar Road, No. 07-09, AZ at Paya Lebar, Singapore, SGP, 409015

Website

https://www.richcapital.com.sg

Rich Capital Holdings Ltd is a property developer focusing on residential and industrial properties in Singapore and the region. Its core businesses include property development, investment, project management and the provision of specialist construction services. Its segments include Property investment, development and construction services; Mining; and Others. Property investment, development and construction services segment relates to revenue generated from property development activities in Singapore. Mining segment relates to revenue generated from the Mining operations in Australia. It derives majority of the revenue from Property investment, development and construction services segment.

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