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Wee Hur Holdings (SGX:E3B) Receivables Turnover : 1.87 (As of Jun. 2024)


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What is Wee Hur 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. Wee Hur Holdings's Revenue for the six months ended in Jun. 2024 was S$109.1 Mil. Wee Hur Holdings's average Accounts Receivable for the six months ended in Jun. 2024 was S$58.3 Mil. Hence, Wee Hur Holdings's Receivables Turnover for the six months ended in Jun. 2024 was 1.87.


Wee Hur Holdings Receivables Turnover Historical Data

The historical data trend for Wee Hur 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.

Wee Hur Holdings Receivables Turnover Chart

Wee Hur Holdings Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.08 3.54 11.74 11.58 11.45

Wee Hur Holdings Semi-Annual Data
Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
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 1.76 1.93 1.42 1.76 1.87

Competitive Comparison of Wee Hur Holdings's Receivables Turnover

For the Engineering & Construction subindustry, Wee Hur 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.


Wee Hur Holdings's Receivables Turnover Distribution in the Construction Industry

For the Construction industry and Industrials sector, Wee Hur Holdings's Receivables Turnover distribution charts can be found below:

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



Wee Hur Holdings Receivables Turnover Calculation

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

Wee Hur Holdings's Receivables Turnover for the fiscal year that ended in Dec. 2023 is calculated as

Receivables Turnover (A: Dec. 2023 )
=Revenue / Average Total Inventories
=Revenue (A: Dec. 2023 ) / ((Accounts Receivable (A: Dec. 2022 ) + Accounts Receivable (A: Dec. 2023 )) / count )
=224.842 / ((18.355 + 20.909) / 2 )
=224.842 / 19.632
=11.45

Wee Hur Holdings's Receivables Turnover for the quarter that ended in Jun. 2024 is calculated as

Receivables Turnover (Q: Jun. 2024 )
=Revenue / Average Total Inventories
=Revenue (Q: Jun. 2024 ) / ((Accounts Receivable (Q: Dec. 2023 ) + Accounts Receivable (Q: Jun. 2024 )) / count )
=109.122 / ((20.909 + 95.767) / 2 )
=109.122 / 58.338
=1.87

* 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.


Wee Hur Holdings  (SGX:E3B) 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.


Wee Hur Holdings Receivables Turnover Related Terms

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Wee Hur Holdings Business Description

Traded in Other Exchanges
N/A
Address
39 Kim Keat Road, Wee Hur Building, Singapore, SGP, 328814
Wee Hur Holdings Ltd is a construction and property development service provider. The business activity of the group includes new construction, additions, alterations, refurbishment and upgrading, restoration, and conservation of heritage buildings. The company's construction projects comprise residential, commercial, industrial, institutional, religious, restoration, and conservation projects. Geographically, the company operates in Singapore and Australia.

Wee Hur Holdings Headlines

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