Addvalue Technologies (SGX:A31) Receivables Turnover : 2.85 (As of Sep. 2023)

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What is Addvalue Technologies 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. Addvalue Technologies's Revenue for the six months ended in Sep. 2023 was S$6.30 Mil. Addvalue Technologies's average Accounts Receivable for the six months ended in Sep. 2023 was S$2.21 Mil. Hence, Addvalue Technologies's Receivables Turnover for the six months ended in Sep. 2023 was 2.85.

Addvalue Technologies Receivables Turnover Historical Data

The historical data trend for Addvalue Technologies'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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Addvalue Technologies Receivables Turnover Chart

Addvalue Technologies Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Receivables Turnover

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4.62

2.74

0.40

1.35

4.08

Addvalue Technologies Semi-Annual Data
	Mar14	Sep14	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Receivables Turnover	Get a 7-Day Free Trial															0.24	0.94	2.88	3.97	2.85

Competitive Comparison of Addvalue Technologies's Receivables Turnover

For the Communication Equipment subindustry, Addvalue Technologies'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.

Addvalue Technologies's Receivables Turnover Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Addvalue Technologies's Receivables Turnover distribution charts can be found below:

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

Addvalue Technologies Receivables Turnover Calculation

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

Addvalue Technologies's Receivables Turnover for the fiscal year that ended in Mar. 2023 is calculated as

	Receivables Turnover (A: Mar. 2023 )
=	Revenue	/	Average Total Inventories
=	Revenue (A: Mar. 2023 )	/ (	(Accounts Receivable (A: Mar. 2022 )	+	Accounts Receivable (A: Mar. 2023 ))	/	count )
=	10.119	/ (	(1.967	+	2.988)	/	2 )
=	10.119	/	2.4775
=	4.08

Addvalue Technologies's Receivables Turnover for the quarter that ended in Sep. 2023 is calculated as

	Receivables Turnover (Q: Sep. 2023 )
=	Revenue	/	Average Total Inventories
=	Revenue (Q: Sep. 2023 )	/ (	(Accounts Receivable (Q: Mar. 2023 )	+	Accounts Receivable (Q: Sep. 2023 ))	/	count )
=	6.299	/ (	(2.988	+	1.439)	/	2 )
=	6.299	/	2.2135
=	2.85

Addvalue Technologies (SGX:A31) 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.

Addvalue Technologies Receivables Turnover Related Terms

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Addvalue Technologies (SGX:A31) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Addvalue Technologies Ltd (SGX:A31) » Definitions » Receivables Turnover

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DDU:Germany

Address

No. 01-11, 202 Bedok South Avenue 1, Singapore, SGP, 469332

Website

https://www.addvaluetech.com

Addvalue Technologies Ltd manufactures digital, wireless, and broadband communications technology products. It provides satellite-based communication terminals and solutions for a variety of voice and internet protocol-based data applications. The company is engaged in single business divisions: the sale of telecommunication equipment and related products and components and the provision of related design services. It has classified its business in various geographic segments Europe, the Middle East, and Africa; North America, and the Asia Pacific. The North American segment generates the maximum revenue for the company. Its North America segment includes sales made to customers based in the United States of America, Canada, and other countries within the region.

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