Southern Packaging Group (SGX:BQP) Receivables Turnover: 2.09 (As of Jun. 2026)

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SGX:BQP Southern Packaging Group Ltd SGX:BQP
36 GF Score
Price S$0.33
GF Value S$0.41
Valuation Modestly Undervalued
! 6 Warning Signs
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What is Southern Packaging Group Receivables Turnover?

Southern Packaging Group SGX:BQP 36 Receivables Turnover is 2.09 as of Jun. 2026. GuruFocus rates SGX:BQP with a GF Score™ of 36/100 and a GF Value™ of S$0.41 (Modestly Undervalued). The stock has 6 warning signs investors should review. Among 403 Packaging & Containers companies, Southern Packaging Group ranks worse than 70.72% 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. Southern Packaging Group's Revenue for the six months ended in Jun. 2026 was S$63.5 Mil. Southern Packaging Group's average Accounts Receivable for the six months ended in Jun. 2026 was S$30.3 Mil. Hence, Southern Packaging Group's Receivables Turnover for the six months ended in Jun. 2026 was 2.09.


Southern Packaging Group  (SGX:BQP) 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.


Southern Packaging Group Receivables Turnover Related Terms


Southern Packaging Group Receivables Turnover Historical Data

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The historical data trend for Southern Packaging Group'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.

Southern Packaging Group Receivables Turnover Chart

Southern Packaging Group 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 4.52 3.11 4.59 4.49 3.92

Southern Packaging Group 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 2.18 2.31 1.89 2.22 2.09

SGX:BQP vs SW, AMCR, PKG: Receivables Turnover Comparison

For the Packaging & Containers subindustry, Southern Packaging Group'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.


Southern Packaging Group Receivables Turnover vs Packaging & Containers Industry

For the Packaging & Containers industry and Consumer Cyclical sector, Southern Packaging Group's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Southern Packaging Group's Receivables Turnover falls into.


SGX:BQP
36GF Score
Southern Packaging Group Ltd SGX:BQP
Receivables Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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Southern Packaging Group Receivables Turnover Calculation

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

Southern Packaging Group'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 )
=113.312 / ((28.35 + 29.532) / 2 )
=113.312 / 28.941
=3.92

Southern Packaging Group'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 )
=63.493 / ((29.532 + 31.145) / 2 )
=63.493 / 30.3385
=2.09

* 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 2.09 mean?
Southern Packaging Group (SGX:BQP) has a Receivables Turnover of 2.09 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 Southern Packaging Group and its competitors. According to the industry distribution chart, Southern Packaging Group ranks #285 out of 403 companies in the Packaging & Containers industry, placing it in the top 70.7%.
Is Southern Packaging Group's Receivables Turnover too high?
Southern Packaging Group's current Receivables Turnover is 2.09. The Packaging & Containers industry median Receivables Turnover is 5.39. Southern Packaging Group's value of 2.09 is 61.2% below this industry median. Based on the distribution chart, Southern Packaging Group ranks #285 out of 403 companies in the Packaging & Containers industry, which is below the industry midpoint. Overall, Southern Packaging Group has a GF Score™ of 36/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Southern Packaging Group's Receivables Turnover compare to SW and AMCR?
According to the Packaging & Containers industry distribution chart, Southern Packaging Group ranks #285 out of 403 companies for Receivables Turnover. This places Southern Packaging Group in the lower half of its industry. The industry median Receivables Turnover is 5.39. Southern Packaging Group's value of 2.09 is 61.2% 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 Packaging & Containers company?
The median Receivables Turnover among Packaging & Containers companies is 5.39, based on 403 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. Southern Packaging Group's current Receivables Turnover of 2.09 is 61.2% 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 Southern Packaging Group and its competitors. For the Packaging & Containers industry, the median Receivables Turnover is 5.39 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Southern Packaging Group's current Receivables Turnover is 2.09. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Southern Packaging Group stock overvalued right now?
Based on GuruFocus' analysis, Southern Packaging Group (SGX:BQP) is currently considered Modestly Undervalued. The stock's GF Value™ is S$0.41, compared to a current price of S$0.33 — trading 19.5% below its estimated fair value. The current Receivables Turnover is 2.09 and 61.2% below the Packaging & Containers industry median of 5.39. Southern Packaging Group's overall GF Score™ is 36/100 with 6 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 Southern Packaging Group (SGX:BQP), the current Receivables Turnover is 2.09 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 Southern Packaging Group (SGX:BQP) Overvalued in 2026?

Based on GuruFocus' analysis, Southern Packaging Group stock appears to be undervalued. The current stock price of S$0.33 is trading 19.5% below its estimated GF Value™ of S$0.41. GuruFocus considers Southern Packaging Group to be Modestly Undervalued.

Key valuation signals for SGX:BQP:

  • Receivables Turnover: 2.09
  • GF Value™: S$0.41 vs. price of S$0.33 (19.5% below fair value)
  • GF Score™: 36/100 with 6 warning signs
  • Industry Position: 61.2% below the Packaging & Containers median (#285 of 403)

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


Southern Packaging Group Business Description

Address No 9 Foping Four Road, Gui Cheng Sub-district, Nanhai District, Guangdong Province, Foshan, CHN, 528251
Southern Packaging Group Ltd is engaged in the production of flexible and rigid packaging products used in the food, medical, personal grooming, and household industries. It has three segments Flexible packaging segment mainly manufactures plastic packaging bags with designs supplied by customers for the pharmaceutical industry, food and beverage industry, and hygiene industry; the Rigid packaging segment mainly manufactures polyethylene terephthalate (PET) bottles together with the printing of design onto the bottle for the pharmaceutical industry, food and beverage industry, and hygiene industry; property development segment refers to business of developing and holding property for future sale in the ordinary course of business or earn rental income.
36GF Score

Get the complete analysis for SGX:BQP

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

S$0.33
Price
S$0.41
GF Value