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GP Industries (SGX:G20) Receivables Turnover : 2.84 (As of Sep. 2023)


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What is GP Industries 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. GP Industries's Revenue for the six months ended in Sep. 2023 was S$564 Mil. GP Industries's average Accounts Receivable for the six months ended in Sep. 2023 was S$199 Mil. Hence, GP Industries's Receivables Turnover for the six months ended in Sep. 2023 was 2.84.


GP Industries Receivables Turnover Historical Data

The historical data trend for GP Industries'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.

GP Industries Receivables Turnover Chart

GP Industries Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 7.47 6.87 5.40 5.25 6.58

GP Industries Semi-Annual Data
Mar14 Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23
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 2.14 2.46 2.51 2.50 2.84

Competitive Comparison of GP Industries's Receivables Turnover

For the Electrical Equipment & Parts subindustry, GP Industries'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.


GP Industries's Receivables Turnover Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, GP Industries's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where GP Industries's Receivables Turnover falls into.



GP Industries Receivables Turnover Calculation

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

GP Industries's Receivables Turnover for the fiscal year that ended in Mar. 2023 is calculated as

Receivables Turnover (A: Mar. 2023 )
=Revenue / Average Total Inventories
=Revenue (A: Mar. 2023 ) / ((Accounts Receivable (A: Mar. 2022 ) + Accounts Receivable (A: Mar. 2023 )) / count )
=1150.046 / ((189.346 + 160.072) / 2 )
=1150.046 / 174.709
=6.58

GP Industries's Receivables Turnover for the quarter that ended in Sep. 2023 is calculated as

Receivables Turnover (Q: Sep. 2023 )
=Revenue / Average Total Inventories
=Revenue (Q: Sep. 2023 ) / ((Accounts Receivable (Q: Mar. 2023 ) + Accounts Receivable (Q: Sep. 2023 )) / count )
=564.184 / ((160.072 + 237.858) / 2 )
=564.184 / 198.965
=2.84

* 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.


GP Industries  (SGX:G20) 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.


GP Industries Receivables Turnover Related Terms

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GP Industries (SGX:G20) Business Description

Traded in Other Exchanges
N/A
Address
83 Clemenceau Avenue, No 14-01 UE Square, Singapore, SGP, 239920
GP Industries Ltd is an investment holding company. It is engaged in the manufacturing and marketing of electronics and batteries. The company's operating segment based on the types of products includes Batteries, Electronics and acoustics, Automotive wire harness and Other industrial investments. It generates maximum revenue from the Batteries segment. Geographically, it derives a majority of its revenue from China and also has a presence in Europe, America, and Other Countries.

GP Industries (SGX:G20) Headlines

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