BRC Asia (SGX:BEC) Receivables Turnover: 4.13 (As of Mar. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

SGX:BEC BRC Asia Ltd SGX:BEC
95 GF Score
Price S$4.27
GF Value S$2.88
Valuation Significantly Overvalued
! 1 Warning Sign
View Full Analysis

What is BRC Asia Receivables Turnover?

BRC Asia SGX:BEC -0.70% 95 Receivables Turnover is 4.13 as of Mar. 2026. GuruFocus rates SGX:BEC with a GF Score™ of 95/100 and a GF Value™ of S$2.88 (Significantly Overvalued). The stock has 1 warning sign investors should review. Among 607 Steel companies, BRC Asia ranks better than 60.3% 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. BRC Asia's Revenue for the six months ended in Mar. 2026 was S$931 Mil. BRC Asia's average Accounts Receivable for the six months ended in Mar. 2026 was S$226 Mil. Hence, BRC Asia's Receivables Turnover for the six months ended in Mar. 2026 was 4.13.


BRC Asia  (SGX:BEC) 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.


BRC Asia Receivables Turnover Related Terms


BRC Asia Receivables Turnover Historical Data

* Premium members only.

The historical data trend for BRC Asia'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.

BRC Asia Receivables Turnover Chart

BRC Asia Annual Data
Trend Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24 Sep25
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 9.98 9.99 8.86 8.91 8.71

BRC Asia 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 4.43 4.59 4.77 4.76 4.13

SGX:BEC vs NUE, STLD, RS: Receivables Turnover Comparison

For the Steel subindustry, BRC Asia'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.


BRC Asia Receivables Turnover vs Steel Industry

For the Steel industry and Basic Materials sector, BRC Asia's Receivables Turnover distribution charts can be found below:

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


SGX:BEC
95GF Score
BRC Asia Ltd SGX:BEC
Receivables Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

BRC Asia Receivables Turnover Calculation

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

BRC Asia's Receivables Turnover for the fiscal year that ended in Sep. 2025 is calculated as

Receivables Turnover (A: Sep. 2025 )
=Revenue / Average Accounts Receivable
=Revenue (A: Sep. 2025 ) / ((Accounts Receivable (A: Sep. 2024 ) + Accounts Receivable (A: Sep. 2025 )) / count )
=1553.071 / ((152.641 + 203.996) / 2 )
=1553.071 / 178.3185
=8.71

BRC Asia'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 )
=931.03 / ((203.996 + 247.011) / 2 )
=931.03 / 225.5035
=4.13

* 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 4.13 mean?
BRC Asia (SGX:BEC) has a Receivables Turnover of 4.13 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 BRC Asia and its competitors. According to the industry distribution chart, BRC Asia ranks #241 out of 607 companies in the Steel industry, placing it in the top 39.7%.
Is BRC Asia's Receivables Turnover too high?
BRC Asia's current Receivables Turnover is 4.13. The Steel industry median Receivables Turnover is 7.23. BRC Asia's value of 4.13 is 42.9% below this industry median. Based on the distribution chart, BRC Asia ranks #241 out of 607 companies in the Steel industry, which is above the industry midpoint. Overall, BRC Asia has a GF Score™ of 95/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does BRC Asia's Receivables Turnover compare to NUE and STLD?
According to the Steel industry distribution chart, BRC Asia ranks #241 out of 607 companies for Receivables Turnover. This puts BRC Asia in the upper half of its industry. The industry median Receivables Turnover is 7.23. BRC Asia's value of 4.13 is 42.9% 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 Steel company?
The median Receivables Turnover among Steel companies is 7.23, based on 607 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. BRC Asia's current Receivables Turnover of 4.13 is 42.9% 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 BRC Asia and its competitors. For the Steel industry, the median Receivables Turnover is 7.23 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. BRC Asia's current Receivables Turnover is 4.13. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is BRC Asia stock overvalued right now?
Based on GuruFocus' analysis, BRC Asia (SGX:BEC) is currently considered Significantly Overvalued. The stock's GF Value™ is S$2.88, compared to a current price of S$4.27 — trading 48.3% above its estimated fair value. The current Receivables Turnover is 4.13 and 42.9% below the Steel industry median of 7.23. BRC Asia's overall GF Score™ is 95/100 with 1 warning sign 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 BRC Asia (SGX:BEC), the current Receivables Turnover is 4.13 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.

Is BRC Asia (SGX:BEC) Overvalued in 2026?

Based on GuruFocus' analysis, BRC Asia stock appears to be overvalued. The current stock price of S$4.27 is trading 48.3% above its estimated GF Value™ of S$2.88. GuruFocus considers BRC Asia to be Significantly Overvalued.

Key valuation signals for SGX:BEC:

  • Receivables Turnover: 4.13
  • GF Value™: S$2.88 vs. price of S$4.27 (48.3% above fair value)
  • GF Score™: 95/100 with 1 warning sign
  • Industry Position: 42.9% below the Steel median (#241 of 607)

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


BRC Asia Business Description

Address 350 Jalan Boon Lay, Jurong Industrial Estate, Singapore, SGP, 619530
BRC Asia Ltd is principally engaged in the prefabrication of steel reinforcement for use in concrete, trading of steel reinforcing bars, and manufacturing and sale of wire mesh fences. The company's reportable segments are: (i) The fabrication and manufacturing segment is involved in the business of processing and prefabrication of steel reinforcement, including sale of standard-length rebar, for use in concrete. (ii) Trading segment is involved in trading of steel and steel related products in both domestic and international market. (iii) Others relates to leasing of properties. The majority of the company's revenue is derived from the Fabrication and manufacturing segment. Geographically, it derives the maximum revenue from Singapore.
95GF Score

Get the complete analysis for SGX:BEC

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

S$4.27
Price
S$2.88
GF Value