Beng Kuang Marine (SGX:BEZ) Receivables Turnover : 2.23 (As of Dec. 2024)

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What is Beng Kuang Marine 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. Beng Kuang Marine's Revenue for the six months ended in Dec. 2024 was S$52.0 Mil. Beng Kuang Marine's average Accounts Receivable for the six months ended in Dec. 2024 was S$23.3 Mil. Hence, Beng Kuang Marine's Receivables Turnover for the six months ended in Dec. 2024 was 2.23.

Beng Kuang Marine Receivables Turnover Historical Data

The historical data trend for Beng Kuang Marine'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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Beng Kuang Marine Receivables Turnover Chart

Beng Kuang Marine Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Receivables Turnover

Get a 7-Day Free Trial

2.17

3.15

3.62

4.37

5.05

Beng Kuang Marine Semi-Annual Data
	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24	Dec24
Receivables Turnover	Get a 7-Day Free Trial															1.81	1.99	2.61	2.81	2.23

Competitive Comparison of Beng Kuang Marine's Receivables Turnover

For the Oil & Gas Equipment & Services subindustry, Beng Kuang Marine'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.

Beng Kuang Marine's Receivables Turnover Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Beng Kuang Marine's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Beng Kuang Marine's Receivables Turnover falls into.

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Beng Kuang Marine Receivables Turnover Calculation

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

Beng Kuang Marine's Receivables Turnover for the fiscal year that ended in Dec. 2024 is calculated as

	Receivables Turnover (A: Dec. 2024 )
=	Revenue	/	Average Total Inventories
=	Revenue (A: Dec. 2024 )	/ (	(Accounts Receivable (A: Dec. 2023 )	+	Accounts Receivable (A: Dec. 2024 ))	/	count )
=	111.883	/ (	(20.248	+	24.06)	/	2 )
=	111.883	/	22.154
=	5.05

Beng Kuang Marine's Receivables Turnover for the quarter that ended in Dec. 2024 is calculated as

	Receivables Turnover (Q: Dec. 2024 )
=	Revenue	/	Average Total Inventories
=	Revenue (Q: Dec. 2024 )	/ (	(Accounts Receivable (Q: Jun. 2024 )	+	Accounts Receivable (Q: Dec. 2024 ))	/	count )
=	51.963	/ (	(22.442	+	24.06)	/	2 )
=	51.963	/	23.251
=	2.23

Beng Kuang Marine (SGX:BEZ) 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.

Beng Kuang Marine Receivables Turnover Related Terms

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Beng Kuang Marine Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Beng Kuang Marine Ltd (SGX:BEZ) » Definitions » Receivables Turnover

Comparable Companies

Traded in Other Exchanges

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Address

2 Venture Drive, No. 14-15, Vision Exchange, Singapore, SGP, 608526

Website

https://www.bkmgroup.com.sg

Beng Kuang Marine Ltd is engaged in providing solutions for the marine, offshore, and oil and gas industries. The company operates through the following segments; Infrastructure Engineering, Corrosion Prevention, Corporate Services, and Others segment. A majority of the company's revenue is generated from the Infrastructure Engineering segment which relates to the provision of a wide range of engineering services including repairs and maintenance of floating production platforms, onshore and offshore marine fabrications; and the production and supply of customized pedestal cranes and deck equipment. Geographically, the company generates a majority of its revenue from Europe followed by Asia, Singapore, and other regions.

Beng Kuang Marine Headlines

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