Fraser and Neave (SGX:F99) Receivables Turnover : 3.45 (As of Mar. 2024)

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What is Fraser and Neave 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. Fraser and Neave's Revenue for the six months ended in Mar. 2024 was S$1,071 Mil. Fraser and Neave's average Accounts Receivable for the six months ended in Mar. 2024 was S$311 Mil. Hence, Fraser and Neave's Receivables Turnover for the six months ended in Mar. 2024 was 3.45.

Fraser and Neave Receivables Turnover Historical Data

The historical data trend for Fraser and Neave'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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Fraser and Neave Receivables Turnover Chart

Fraser and Neave Annual Data

Trend

Sep14

Sep15

Sep16

Sep17

Sep18

Sep19

Sep20

Sep21

Sep22

Sep23

Receivables Turnover

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6.79

6.68

7.14

7.40

7.25

Fraser and Neave Semi-Annual Data
	Sep14	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23	Mar24
Receivables Turnover	Get a 7-Day Free Trial															3.49	3.26	3.45	3.45	3.45

Competitive Comparison of Fraser and Neave's Receivables Turnover

For the Packaged Foods subindustry, Fraser and Neave'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.

Fraser and Neave's Receivables Turnover Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Fraser and Neave's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Fraser and Neave's Receivables Turnover falls into.

Fraser and Neave Receivables Turnover Calculation

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

Fraser and Neave's Receivables Turnover for the fiscal year that ended in Sep. 2023 is calculated as

	Receivables Turnover (A: Sep. 2023 )
=	Revenue	/	Average Total Inventories
=	Revenue (A: Sep. 2023 )	/ (	(Accounts Receivable (A: Sep. 2022 )	+	Accounts Receivable (A: Sep. 2023 ))	/	count )
=	2099.103	/ (	(286.471	+	292.488)	/	2 )
=	2099.103	/	289.4795
=	7.25

Fraser and Neave's Receivables Turnover for the quarter that ended in Mar. 2024 is calculated as

	Receivables Turnover (Q: Mar. 2024 )
=	Revenue	/	Average Total Inventories
=	Revenue (Q: Mar. 2024 )	/ (	(Accounts Receivable (Q: Sep. 2023 )	+	Accounts Receivable (Q: Mar. 2024 ))	/	count )
=	1071.093	/ (	(292.488	+	329.162)	/	2 )
=	1071.093	/	310.825
=	3.45

Fraser and Neave (SGX:F99) 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.

Fraser and Neave Receivables Turnover Related Terms

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Fraser and Neave (SGX:F99) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Fraser and Neave Ltd (SGX:F99) » Definitions » Receivables Turnover

Comparable Companies

Traded in Other Exchanges

FNEVY:USA FNEVF:USA FNV2:Germany

Address

438 Alexandra Road, Number 20-00 Alexandra Point, Singapore, SGP, 119958

Website

https://www.fraserandneave.com

Fraser and Neave Ltd is a Singapore-based company that operates through four segments: dairies, beverages, publishing and printing industries, and others. The dairies segment generates the majority of total revenue by manufacturing, marketing, and selling dairy products. The beverages segment is the next contributor to total revenue through the production and selling of soft drinks and alcoholic beverages. The publishing and printing business operates through a network of offices, printing plants, and distributors. The company mainly operates in Thailand, Malaysia, Singapore, Indochina, Indonesia, Myanmar and Philippines.

Fraser and Neave (SGX:F99) Headlines

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