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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. Tiong Woon Holding's Revenue for the
six
months ended in Jun. 2026 was S$98.0 Mil. Tiong Woon Holding's average Accounts Receivable for the
six
months ended in Jun. 2026 was S$59.1 Mil.
Hence, Tiong Woon Holding's Receivables Turnover for the
six
months ended in Jun. 2026 was 1.66.
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.
Tiong Woon Holding Receivables Turnover Related Terms
Tiong Woon Holding Receivables Turnover Historical Data
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The historical data trend for Tiong Woon Holding'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.
SGX:BQM vs URI, SUNB, AER: Receivables Turnover Comparison
For the Rental & Leasing Services subindustry, Tiong Woon Holding'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.
Tiong Woon Holding Receivables Turnover vs Business Services Industry
For the Business Services industry and Industrials sector, Tiong Woon Holding's Receivables Turnover distribution charts can be found below:
* The bar in red indicates where Tiong Woon Holding's Receivables Turnover falls into.
* 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.
Tiong Woon Holding (SGX:BQM) has a Receivables Turnover of 1.66 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 Tiong Woon Holding and its competitors. According to the industry distribution chart, Tiong Woon Holding ranks #872 out of 1060 companies in the Business Services industry, placing it in the top 82.3%.
Is Tiong Woon Holding's Receivables Turnover too high?
Tiong Woon Holding's current Receivables Turnover is 1.66. The Business Services industry median Receivables Turnover is 6.45. Tiong Woon Holding's value of 1.66 is 74.2% below this industry median. Based on the distribution chart, Tiong Woon Holding ranks #872 out of 1060 companies in the Business Services industry, which is in the bottom quartile relative to peers. Overall, Tiong Woon Holding has a GF Score™ of 70/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Tiong Woon Holding's Receivables Turnover compare to URI and SUNB?
According to the Business Services industry distribution chart, Tiong Woon Holding ranks #872 out of 1060 companies for Receivables Turnover. This places Tiong Woon Holding in the lower half of its industry. The industry median Receivables Turnover is 6.45. Tiong Woon Holding's value of 1.66 is 74.2% 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 Business Services company?
The median Receivables Turnover among Business Services companies is 6.45, based on 1,060 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. Tiong Woon Holding's current Receivables Turnover of 1.66 is 74.2% 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 Tiong Woon Holding and its competitors. For the Business Services industry, the median Receivables Turnover is 6.45 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Tiong Woon Holding's current Receivables Turnover is 1.66. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tiong Woon Holding stock overvalued right now?
Based on GuruFocus' analysis, Tiong Woon Holding (SGX:BQM) is currently considered Modestly Overvalued. The stock's GF Value™ is S$0.76, compared to a current price of S$0.88 — trading 15.8% above its estimated fair value. The current Receivables Turnover is 1.66 and 74.2% below the Business Services industry median of 6.45. Tiong Woon Holding's overall GF Score™ is 70/100 with 2 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 Tiong Woon Holding (SGX:BQM), the current Receivables Turnover is 1.66 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 Tiong Woon Holding (SGX:BQM) Overvalued in 2026?
Based on GuruFocus' analysis, Tiong Woon Holding stock appears to be overvalued.
The current stock price of S$0.88 is trading 15.8% above its estimated GF Value™ of S$0.76.
GuruFocus considers Tiong Woon Holding to be Modestly Overvalued.
Key valuation signals for SGX:BQM:
Receivables Turnover: 1.66
GF Value™: S$0.76 vs. price of S$0.88 (15.8% above fair value)
Industry Position: 74.2% below the Business Services median (#872 of 1060)
No single metric tells the full story. See the SGX:BQM stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Tiong Woon Corp Holding Ltd is a company engaged in providing integrated specialist services. It also manages turnkey projects from planning to the execution stage. The company operates in three segments. The heavy Lift and Haulage segment, which is the key revenue driver, comprises a wide range of reliable services in Marine Transportation; Marine Transportation comprises the provision of tug and barge services for a wide range of sea transportation projects; The Trading segment comprises trading of new and used equipment. Its revenue comes from the Singapore market, while it has a presence in the Middle East, India, Malaysia, and other countries.
70GF Score
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