Keppel REIT (SGX:K71U) Receivables Turnover : 5.22 (As of Jun. 2024)

View and export this data going back to 2006. Start your Free Trial

What is Keppel REIT 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. Keppel REIT's Revenue for the six months ended in Jun. 2024 was S$125.1 Mil. Keppel REIT's average Accounts Receivable for the six months ended in Jun. 2024 was S$24.0 Mil. Hence, Keppel REIT's Receivables Turnover for the six months ended in Jun. 2024 was 5.22.

Keppel REIT Receivables Turnover Historical Data

The historical data trend for Keppel REIT'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.

Keppel REIT Receivables Turnover Chart

Keppel REIT Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Receivables Turnover

Get a 7-Day Free Trial

13.45

12.84

9.92

9.21

17.32

Keppel REIT 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															3.36	4.20	3.93	4.64	5.22

Competitive Comparison of Keppel REIT's Receivables Turnover

For the REIT - Office subindustry, Keppel REIT'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.

Keppel REIT's Receivables Turnover Distribution in the REITs Industry

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

* The bar in red indicates where Keppel REIT's Receivables Turnover falls into.

Keppel REIT Receivables Turnover Calculation

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

Keppel REIT'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 )
=	233.071	/ (	(17.195	+	9.722)	/	2 )
=	233.071	/	13.4585
=	17.32

Keppel REIT'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 )
=	125.085	/ (	(9.722	+	38.197)	/	2 )
=	125.085	/	23.9595
=	5.22

Keppel REIT (SGX:K71U) 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.

Keppel REIT Receivables Turnover Related Terms

Thank you for viewing the detailed overview of Keppel REIT's Receivables Turnover provided by GuruFocus.com. Please click on the following links to see related term pages.

Keppel REIT Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Keppel REIT (SGX:K71U) » Definitions » Receivables Turnover

Comparable Companies

Traded in Other Exchanges

KREVF:USA H27:Germany

Address

1 HarbourFront Avenue, No. 18-01, Level 2 Keppel Bay Tower, Singapore, SGP, 098632

Website

https://www.keppelreit.com

Keppel REIT is a pure-play commercial real estate investment trust with an SGD 9.6 billion portfolio of assets (as of June 30, 2024) across Singapore, Australia, South Korea, and Japan. The majority of its assets are in Singapore, where it owns a 100% stake in Keppel Bay Tower, a 79.9% stake in Ocean Financial Centre, and a 33.33% stake in Marina Bay Financial Centre and One Raffles Quay. The trust is externally managed by Keppel REIT Management, a subsidiary of Keppel Capital. Parent Keppel Corp. currently retains an approximate 38% stake in KREIT.

Keppel REIT Headlines

No Headlines