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CDL Hospitality Trusts (SGX:J85) Receivables Turnover : 5.16 (As of Dec. 2023)


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What is CDL Hospitality Trusts 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. CDL Hospitality Trusts's Revenue for the six months ended in Dec. 2023 was S$138.3 Mil. CDL Hospitality Trusts's average Accounts Receivable for the six months ended in Dec. 2023 was S$26.8 Mil. Hence, CDL Hospitality Trusts's Receivables Turnover for the six months ended in Dec. 2023 was 5.16.


CDL Hospitality Trusts Receivables Turnover Historical Data

The historical data trend for CDL Hospitality Trusts'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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CDL Hospitality Trusts Receivables Turnover Chart

CDL Hospitality Trusts 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 6.38 4.15 5.57 8.32 9.60

CDL Hospitality Trusts Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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 3.43 3.65 5.09 4.55 5.16

Competitive Comparison of CDL Hospitality Trusts's Receivables Turnover

For the REIT - Hotel & Motel subindustry, CDL Hospitality Trusts'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.


CDL Hospitality Trusts's Receivables Turnover Distribution in the REITs Industry

For the REITs industry and Real Estate sector, CDL Hospitality Trusts's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where CDL Hospitality Trusts's Receivables Turnover falls into.



CDL Hospitality Trusts Receivables Turnover Calculation

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

CDL Hospitality Trusts'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 )
=257.556 / ((26.228 + 27.446) / 2 )
=257.556 / 26.837
=9.60

CDL Hospitality Trusts's Receivables Turnover for the quarter that ended in Dec. 2023 is calculated as

Receivables Turnover (Q: Dec. 2023 )
=Revenue / Average Total Inventories
=Revenue (Q: Dec. 2023 ) / ((Accounts Receivable (Q: Jun. 2023 ) + Accounts Receivable (Q: Dec. 2023 )) / count )
=138.334 / ((26.197 + 27.446) / 2 )
=138.334 / 26.8215
=5.16

* 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.


CDL Hospitality Trusts  (SGX:J85) 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.


CDL Hospitality Trusts Receivables Turnover Related Terms

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CDL Hospitality Trusts (SGX:J85) Business Description

Traded in Other Exchanges
N/A
Address
390 Havelock Road, No. 02-06 King's Centre, Singapore, SGP, 169662
CDL Hospitality Trusts is a group composed of real estate development trusts specializing in hotel properties. The group has a diversified portfolio of real estate or development projects, which is principally used for hospitality, hospitality-related, and other accommodation purposes. It derives the majority of its revenue from rentals and hotels and geographically from Singapore.

CDL Hospitality Trusts (SGX:J85) Headlines

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