Valuetronics Holdings (SGX:BN2) Receivables Turnover : 2.12 (As of Sep. 2023)

View and export this data going back to 2007. Start your Free Trial

What is Valuetronics 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. Valuetronics Holdings's Revenue for the six months ended in Sep. 2023 was S$155.3 Mil. Valuetronics Holdings's average Accounts Receivable for the six months ended in Sep. 2023 was S$73.1 Mil. Hence, Valuetronics Holdings's Receivables Turnover for the six months ended in Sep. 2023 was 2.12.

Valuetronics Holdings Receivables Turnover Historical Data

The historical data trend for Valuetronics 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.

* Premium members only.

Valuetronics Holdings Receivables Turnover Chart

Valuetronics Holdings Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Receivables Turnover

Get a 7-Day Free Trial

5.64

6.37

5.46

4.41

4.47

Valuetronics Holdings 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															1.99	2.11	2.46	2.07	2.12

Competitive Comparison of Valuetronics Holdings's Receivables Turnover

For the Electronic Components subindustry, Valuetronics 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.

Valuetronics Holdings's Receivables Turnover Distribution in the Hardware Industry

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

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

Valuetronics Holdings Receivables Turnover Calculation

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

Valuetronics Holdings'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 )
=	343.923	/ (	(74.792	+	79.215)	/	2 )
=	343.923	/	77.0035
=	4.47

Valuetronics Holdings'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 )
=	155.27	/ (	(79.215	+	67.063)	/	2 )
=	155.27	/	73.139
=	2.12

Valuetronics Holdings (SGX:BN2) 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.

Valuetronics Holdings Receivables Turnover Related Terms

Thank you for viewing the detailed overview of Valuetronics Holdings's Receivables Turnover provided by GuruFocus.com. Please click on the following links to see related term pages.

Valuetronics Holdings (SGX:BN2) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Valuetronics Holdings Ltd (SGX:BN2) » Definitions » Receivables Turnover

Comparable Companies

Traded in Other Exchanges

GJ7:Germany

Address

No. 18 On Lai Street, Unit 9-11, 7th Floor, Technology Park, New Territories, Shatin, Hong Kong, HKG

Website

https://www.valuetronics.com.hk

Valuetronics Holdings Ltd is an integrated electronics manufacturing services provider. The company specializes in original equipment manufacturing services as well as original design manufacturing services. It offers a broad combination of design, engineering, manufacturing, and supply chain support services for electronic and electro-mechanical products. It has two reportable segments - Consumer Electronics, and Industrial and Commercial Electronics covering smart lighting products, temperature sensing devices, communication products, automotive products and medical equipments. The majority of its revenue is derived from Industrial and Commercial Electronics segment. It has operational footprints across the United States of America, Hong Kong, Poland, Canada and other countries.

Valuetronics Holdings (SGX:BN2) Headlines

No Headlines