Anchun International Holdings (SGX:BTX) Receivables Turnover : 6.64 (As of Dec. 2024)

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What is Anchun International 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. Anchun International Holdings's Revenue for the six months ended in Dec. 2024 was S$20.53 Mil. Anchun International Holdings's average Accounts Receivable for the six months ended in Dec. 2024 was S$3.09 Mil. Hence, Anchun International Holdings's Receivables Turnover for the six months ended in Dec. 2024 was 6.64.

Anchun International Holdings Receivables Turnover Historical Data

The historical data trend for Anchun International 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.

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Anchun International Holdings Receivables Turnover Chart

Anchun International Holdings Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Receivables Turnover

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3.80

6.36

10.44

7.22

10.74

Anchun International Holdings 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															4.76	3.75	3.17	3.88	6.64

Competitive Comparison of Anchun International Holdings's Receivables Turnover

For the Chemicals subindustry, Anchun International 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.

Anchun International Holdings's Receivables Turnover Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Anchun International Holdings's Receivables Turnover distribution charts can be found below:

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

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Anchun International Holdings Receivables Turnover Calculation

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

Anchun International Holdings'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 )
=	32.898	/ (	(3.175	+	2.951)	/	2 )
=	32.898	/	3.063
=	10.74

Anchun International Holdings'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 )
=	20.527	/ (	(3.234	+	2.951)	/	2 )
=	20.527	/	3.0925
=	6.64

Anchun International Holdings (SGX:BTX) 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.

Anchun International Holdings Receivables Turnover Related Terms

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Anchun International Holdings Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Anchun International Holdings Ltd (SGX:BTX) » Definitions » Receivables Turnover

Traded in Other Exchanges

N/A

Address

No.539, Lusong Road, Changsha National Hi-tech Industrial Development Zone, Hunan Province, Changsha City, CHN, 410205

Website

http://www.anchun.com

Anchun International Holdings Ltd is an investment holding company. The group is an integrated EPC provider of process technology, design, manufacturing, and engineering services. It has aggregated its operations into three reportable segments: Catalyst Business, Chemical Engineering and Technology Engineering Services; and Chemical Systems and Components Business. The catalyst business segment involves manufacturing a variety of catalysts for use in the process of gas making. The Chemical Engineering segment involves providing chemical systems engineering and technology design services for the production of ammonia and methanol-related products. The Chemical Systems segment involves the manufacturing of chemical equipment. It derived revenue from the PRC.