Hiap Tong (SGX:5PO) Receivables Turnover: 1.47 (As of Mar. 2026)

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What is Hiap Tong Receivables Turnover?

Hiap Tong SGX:5PO Receivables Turnover is 1.47 as of Mar. 2026. The stock has 5 warning signs investors should review. Among 1,062 Business Services companies, Hiap Tong ranks worse than 87.1% on this metric.

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. Hiap Tong's Revenue for the six months ended in Mar. 2026 was S$43.97 Mil. Hiap Tong's average Accounts Receivable for the six months ended in Mar. 2026 was S$29.90 Mil. Hence, Hiap Tong's Receivables Turnover for the six months ended in Mar. 2026 was 1.47.


Hiap Tong  (SGX:5PO) 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.


Hiap Tong Receivables Turnover Related Terms


Hiap Tong Receivables Turnover Historical Data

* Premium members only.

The historical data trend for Hiap Tong'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.

Hiap Tong Receivables Turnover Chart

Hiap Tong Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.72 4.40 3.49 3.08 2.93

Hiap Tong Semi-Annual Data
Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 Mar26
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 1.87 1.50 1.55 1.48 1.47

SGX:5PO vs URI, SUNB, AER: Receivables Turnover Comparison

For the Rental & Leasing Services subindustry, Hiap Tong'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.


Hiap Tong Receivables Turnover vs Business Services Industry

For the Business Services industry and Industrials sector, Hiap Tong's Receivables Turnover distribution charts can be found below:

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



Hiap Tong Receivables Turnover Calculation

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

Hiap Tong's Receivables Turnover for the fiscal year that ended in Mar. 2026 is calculated as

Receivables Turnover (A: Mar. 2026 )
=Revenue / Average Accounts Receivable
=Revenue (A: Mar. 2026 ) / ((Accounts Receivable (A: Mar. 2025 ) + Accounts Receivable (A: Mar. 2026 )) / count )
=89.158 / ((31.076 + 29.816) / 2 )
=89.158 / 30.446
=2.93

Hiap Tong's Receivables Turnover for the quarter that ended in Mar. 2026 is calculated as

Receivables Turnover (Q: Mar. 2026 )
=Revenue / Average Accounts Receivable
=Revenue (Q: Mar. 2026 ) / ((Accounts Receivable (Q: Sep. 2025 ) + Accounts Receivable (Q: Mar. 2026 )) / count )
=43.969 / ((29.99 + 29.816) / 2 )
=43.969 / 29.903
=1.47

* 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.

Frequently Asked Questions Learn more about Receivables Turnover →
What does a Receivables Turnover of 1.47 mean?
Hiap Tong (SGX:5PO) has a Receivables Turnover of 1.47 as of Mar. 2026. The accounts 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. View historical data on Hiap Tong and its competitors. According to the industry distribution chart, Hiap Tong ranks #925 out of 1062 companies in the Business Services industry, placing it in the top 87.1%.
Is Hiap Tong's Receivables Turnover too high?
Hiap Tong's current Receivables Turnover is 1.47. The Business Services industry median Receivables Turnover is 6.43. Hiap Tong's value of 1.47 is 77.1% below this industry median. Based on the distribution chart, Hiap Tong ranks #925 out of 1062 companies in the Business Services industry, which is in the bottom quartile relative to peers.
How does Hiap Tong's Receivables Turnover compare to URI and SUNB?
According to the Business Services industry distribution chart, Hiap Tong ranks #925 out of 1062 companies for Receivables Turnover. This places Hiap Tong in the lower half of its industry. The industry median Receivables Turnover is 6.43. Hiap Tong's value of 1.47 is 77.1% below this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Receivables Turnover for a Business Services company?
The median Receivables Turnover among Business Services companies is 6.43, based on 1,062 companies in the industry. Companies in the top quartile (top 25%) have a Receivables Turnover significantly above this median, while those in the bottom quartile fall well below. However, Receivables Turnover should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Hiap Tong's current Receivables Turnover of 1.47 is 77.1% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Receivables Turnover mean?
A high Receivables Turnover can signal that a stock is expensive relative to its fundamentals. The accounts 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. View historical data on Hiap Tong and its competitors. For the Business Services industry, the median Receivables Turnover is 6.43 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Hiap Tong's current Receivables Turnover is 1.47. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hiap Tong stock overvalued right now?
Based on GuruFocus' analysis, Hiap Tong (SGX:5PO) is currently considered Fairly Valued. The stock's GF Value™ is S$0.09, compared to a current price of S$0.10 — trading 10% above its estimated fair value. The current Receivables Turnover is 1.47 and 77.1% below the Business Services industry median of 6.43. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Receivables Turnover calculated?
Receivables Turnover is calculated from a company's financial statements. For Hiap Tong (SGX:5PO), the current Receivables Turnover is 1.47 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Hiap Tong Business Description

Address 22 Soon lee Road, Singapore, SGP, 628082
Hiap Tong Corp Ltd is mainly involved in renting cranes, prime movers, heavy machinery, and equipment and trading cranes and heavy equipment. The company's products are used by the marine, petrochemical, and construction industries. It operates in two segments namely lifting and haulage services, and manpower services. The company also provides load test and drop test services for marine offshore and engineering industries. Its geographical segments include Singapore and Malaysia, of which the majority of the revenue comes from Singapore.