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AsiaPhos (SGX:5WV) Receivables Turnover : 3.32 (As of Sep. 2024)


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What is AsiaPhos 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. AsiaPhos's Revenue for the three months ended in Sep. 2024 was S$1.38 Mil. AsiaPhos's average Accounts Receivable for the three months ended in Sep. 2024 was S$0.41 Mil. Hence, AsiaPhos's Receivables Turnover for the three months ended in Sep. 2024 was 3.32.


AsiaPhos Receivables Turnover Historical Data

The historical data trend for AsiaPhos'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.

AsiaPhos Receivables Turnover Chart

AsiaPhos 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 14.66 26.86 37.40 36.32 27.66

AsiaPhos Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 4.34 4.47 10.00 48.29 3.32

Competitive Comparison of AsiaPhos's Receivables Turnover

For the Other Industrial Metals & Mining subindustry, AsiaPhos'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.


AsiaPhos's Receivables Turnover Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, AsiaPhos's Receivables Turnover distribution charts can be found below:

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



AsiaPhos Receivables Turnover Calculation

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

AsiaPhos'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 )
=1.701 / ((0.072 + 0.051) / 2 )
=1.701 / 0.0615
=27.66

AsiaPhos'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: Jun. 2024 ) + Accounts Receivable (Q: Sep. 2024 )) / count )
=1.378 / ((0.013 + 0.816) / 2 )
=1.378 / 0.4145
=3.32

* 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.


AsiaPhos  (SGX:5WV) 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.


AsiaPhos Receivables Turnover Related Terms

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AsiaPhos Business Description

Traded in Other Exchanges
N/A
Address
10 Kallang Avenue, Aperia No.05-11, Singapore, SGP, 339510
AsiaPhos Ltd is engaged in the mining of phosphate and the production of downstream phosphate-based chemical products. It operates in two operating segments: The downstream segment which deals in the manufacturing, sale, and trading of phosphate chemical products such as Sodium Tripolyphosphate, Sodium Hexametaphosphate as well as other polyphosphate chemicals. The upstream segment comprised the business of exploration, mining, and sale of phosphate rocks.

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