Hor Kew (SGX:BBP) Receivables Turnover: 2.07 (As of Jun. 2026)

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SGX:BBP Hor Kew Corp Ltd SGX:BBP
48 GF Score
Price S$1.37
GF Value S$0.55
Valuation Significantly Overvalued
! 9 Warning Signs
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What is Hor Kew Receivables Turnover?

Hor Kew SGX:BBP 48 Receivables Turnover is 2.07 as of Jun. 2026. GuruFocus rates SGX:BBP with a GF Score™ of 48/100 and a GF Value™ of S$0.55 (Significantly Overvalued). The stock has 9 warning signs investors should review. Among 1,768 Construction companies, Hor Kew ranks worse than 59.5% 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. Hor Kew's Revenue for the six months ended in Jun. 2026 was S$57.30 Mil. Hor Kew's average Accounts Receivable for the six months ended in Jun. 2026 was S$27.69 Mil. Hence, Hor Kew's Receivables Turnover for the six months ended in Jun. 2026 was 2.07.


Hor Kew  (SGX:BBP) 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.


Hor Kew Receivables Turnover Related Terms


Hor Kew Receivables Turnover Historical Data

* Premium members only.

The historical data trend for Hor Kew'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.

Hor Kew Receivables Turnover Chart

Hor Kew Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.96 3.51 4.07 4.04 3.39

Hor Kew Semi-Annual Data
Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25 Jun26
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 1.69 2.36 1.96 2.03 2.07

SGX:BBP vs PWR, FIX, EME: Receivables Turnover Comparison

For the Engineering & Construction subindustry, Hor Kew'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.


Hor Kew Receivables Turnover vs Construction Industry

For the Construction industry and Industrials sector, Hor Kew's Receivables Turnover distribution charts can be found below:

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


SGX:BBP
48GF Score
Hor Kew Corp Ltd SGX:BBP
Receivables Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Hor Kew Receivables Turnover Calculation

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

Hor Kew's Receivables Turnover for the fiscal year that ended in Dec. 2025 is calculated as

Receivables Turnover (A: Dec. 2025 )
=Revenue / Average Accounts Receivable
=Revenue (A: Dec. 2025 ) / ((Accounts Receivable (A: Dec. 2024 ) + Accounts Receivable (A: Dec. 2025 )) / count )
=69.442 / ((19.723 + 21.241) / 2 )
=69.442 / 20.482
=3.39

Hor Kew's Receivables Turnover for the quarter that ended in Jun. 2026 is calculated as

Receivables Turnover (Q: Jun. 2026 )
=Revenue / Average Accounts Receivable
=Revenue (Q: Jun. 2026 ) / ((Accounts Receivable (Q: Dec. 2025 ) + Accounts Receivable (Q: Jun. 2026 )) / count )
=57.296 / ((21.241 + 34.129) / 2 )
=57.296 / 27.685
=2.07

* 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 2.07 mean?
Hor Kew (SGX:BBP) has a Receivables Turnover of 2.07 as of Jun. 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 Hor Kew and its competitors. According to the industry distribution chart, Hor Kew ranks #1052 out of 1768 companies in the Construction industry, placing it in the top 59.5%.
Is Hor Kew's Receivables Turnover too high?
Hor Kew's current Receivables Turnover is 2.07. The Construction industry median Receivables Turnover is 4.83. Hor Kew's value of 2.07 is 57.1% below this industry median. Based on the distribution chart, Hor Kew ranks #1052 out of 1768 companies in the Construction industry, which is below the industry midpoint. Overall, Hor Kew has a GF Score™ of 48/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Hor Kew's Receivables Turnover compare to PWR and FIX?
According to the Construction industry distribution chart, Hor Kew ranks #1052 out of 1768 companies for Receivables Turnover. This places Hor Kew in the lower half of its industry. The industry median Receivables Turnover is 4.83. Hor Kew's value of 2.07 is 57.1% 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 Construction company?
The median Receivables Turnover among Construction companies is 4.83, based on 1,768 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. Hor Kew's current Receivables Turnover of 2.07 is 57.1% 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 Hor Kew and its competitors. For the Construction industry, the median Receivables Turnover is 4.83 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Hor Kew's current Receivables Turnover is 2.07. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hor Kew stock overvalued right now?
Based on GuruFocus' analysis, Hor Kew (SGX:BBP) is currently considered Significantly Overvalued. The stock's GF Value™ is S$0.55, compared to a current price of S$1.37 — trading 149.1% above its estimated fair value. The current Receivables Turnover is 2.07 and 57.1% below the Construction industry median of 4.83. Hor Kew's overall GF Score™ is 48/100 with 9 warning signs to review. 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 Hor Kew (SGX:BBP), the current Receivables Turnover is 2.07 as of Jun. 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.

Is Hor Kew (SGX:BBP) Overvalued in 2026?

Based on GuruFocus' analysis, Hor Kew stock appears to be overvalued. The current stock price of S$1.37 is trading 149.1% above its estimated GF Value™ of S$0.55. GuruFocus considers Hor Kew to be Significantly Overvalued.

Key valuation signals for SGX:BBP:

  • Receivables Turnover: 2.07
  • GF Value™: S$0.55 vs. price of S$1.37 (149.1% above fair value)
  • GF Score™: 48/100 with 9 warning signs
  • Industry Position: 57.1% below the Construction median (#1052 of 1768)

No single metric tells the full story. See the SGX:BBP stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Hor Kew Business Description

Address 66 Kallang Pudding Road, No. 07-01, Hor Kew Business Centre, Singapore, SGP, 349324
Hor Kew Corp Ltd is a building construction company that provides construction-related products and services. The company manufactures and supplies prestressed and reinforced concrete building components and prefinished architectural precast components. Its segments include Property investment and development segment that is engaged in the development, sales and leasing of residential, commercial and industrial properties; Prefabrication segment that derives maximum revenue, is engaged in design, manufacture and sales of prestressed and reinforced concrete building components as well as prefabricated architectural metal components and Others segment comprises mainly the Group level corporate services and treasury functions.
48GF Score

Get the complete analysis for SGX:BBP

Receivables Turnover is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

S$1.37
Price
S$0.55
GF Value