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ASL Marine Holdings (SGX:A04) Receivables Turnover : 2.01 (As of Mar. 2024)


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What is ASL Marine 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. ASL Marine Holdings's Revenue for the three months ended in Mar. 2024 was S$91.4 Mil. ASL Marine Holdings's average Accounts Receivable for the three months ended in Mar. 2024 was S$45.4 Mil. Hence, ASL Marine Holdings's Receivables Turnover for the three months ended in Mar. 2024 was 2.01.


ASL Marine Holdings Receivables Turnover Historical Data

The historical data trend for ASL Marine 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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ASL Marine Holdings Receivables Turnover Chart

ASL Marine Holdings Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.77 4.20 4.15 5.97 8.80

ASL Marine Holdings Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 3.26 2.65 1.93 1.93 2.01

Competitive Comparison of ASL Marine Holdings's Receivables Turnover

For the Aerospace & Defense subindustry, ASL Marine 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.


ASL Marine Holdings's Receivables Turnover Distribution in the Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, ASL Marine Holdings's Receivables Turnover distribution charts can be found below:

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



ASL Marine Holdings Receivables Turnover Calculation

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

ASL Marine Holdings's Receivables Turnover for the fiscal year that ended in Jun. 2023 is calculated as

Receivables Turnover (A: Jun. 2023 )
=Revenue / Average Total Inventories
=Revenue (A: Jun. 2023 ) / ((Accounts Receivable (A: Jun. 2022 ) + Accounts Receivable (A: Jun. 2023 )) / count )
=335.814 / ((36.578 + 39.758) / 2 )
=335.814 / 38.168
=8.80

ASL Marine Holdings's Receivables Turnover for the quarter that ended in Mar. 2024 is calculated as

Receivables Turnover (Q: Mar. 2024 )
=Revenue / Average Total Inventories
=Revenue (Q: Mar. 2024 ) / ((Accounts Receivable (Q: Dec. 2023 ) + Accounts Receivable (Q: Mar. 2024 )) / count )
=91.426 / ((42.465 + 48.398) / 2 )
=91.426 / 45.4315
=2.01

* 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.


ASL Marine Holdings  (SGX:A04) 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.


ASL Marine Holdings Receivables Turnover Related Terms

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ASL Marine Holdings Business Description

Traded in Other Exchanges
N/A
Address
No. 19 Pandan Road, Singapore, SGP, 609271
ASL Marine Holdings Ltd is an investment holding company. The company's operating segment includes Shipbuilding; Shiprepair, conversion and engineering; Shipchartering, and Investment holding. It generates maximum revenue from the Shiprepair, conversion and engineering services segment. The Shiprepair, conversion and engineering services segment includes the provision of shiprepair, dredging engineering products, and related services. Geographically, it derives a majority of revenue from Singapore and also has a presence in Indonesia; the Rest of Asia; Europe; Australia and the United States of America, and other countries.

ASL Marine Holdings Headlines

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