Sinjia Land (SGX:5HH) Receivables Turnover : 6.13 (As of Dec. 2023)

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What is Sinjia Land 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. Sinjia Land's Revenue for the six months ended in Dec. 2023 was S$0.34 Mil. Sinjia Land's average Accounts Receivable for the six months ended in Dec. 2023 was S$0.06 Mil. Hence, Sinjia Land's Receivables Turnover for the six months ended in Dec. 2023 was 6.13.

Sinjia Land Receivables Turnover Historical Data

The historical data trend for Sinjia Land'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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Sinjia Land Receivables Turnover Chart

Sinjia Land Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Receivables Turnover

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23.48

12.12

27.45

23.42

14.70

Sinjia Land 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															14.07	0.86	1.19	6.28	6.13

Competitive Comparison of Sinjia Land's Receivables Turnover

For the Lodging subindustry, Sinjia Land'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.

Sinjia Land's Receivables Turnover Distribution in the Travel & Leisure Industry

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

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

Sinjia Land Receivables Turnover Calculation

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

Sinjia Land'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 )
=	0.676	/ (	(0.045	+	0.047)	/	2 )
=	0.676	/	0.046
=	14.70

Sinjia Land'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 )
=	0.337	/ (	(0.063	+	0.047)	/	2 )
=	0.337	/	0.055
=	6.13

Sinjia Land (SGX:5HH) 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.

Sinjia Land Receivables Turnover Related Terms

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Sinjia Land (SGX:5HH) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Sinjia Land Ltd (SGX:5HH) » Definitions » Receivables Turnover

Comparable Companies

Traded in Other Exchanges

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Address

Block 16 Kallang Place, No. 01-16/18, Kallang Basin Industrial Estate, Singapore, SGP, 339156

Website

http://www.sinjl.com

Sinjia Land Ltd is an investment holding company. The Group also engages in hostel management, by managing and operating lodging and boarding houses, as well as backpackers hostels. The operating segment of the company are Hospitality Management which manages and operates lodging and boarding houses and backpackers hostels and Corporate Segment which is involved in Group level corporate services, treasury functions and investments.

Sinjia Land (SGX:5HH) Headlines

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