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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. Nanyang New Development's Revenue for the
six
months ended in Jun. 2026 was S$4.28 Mil. Nanyang New Development's average Accounts Receivable for the
six
months ended in Jun. 2026 was S$0.94 Mil.
Hence, Nanyang New Development's Receivables Turnover for the
six
months ended in Jun. 2026 was 4.57.
Nanyang New Development (SGX:M15) 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.
Nanyang New Development Receivables Turnover Related Terms
Nanyang New Development Receivables Turnover Historical Data
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The historical data trend for Nanyang New Development'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.
Nanyang New Development Receivables Turnover Chart
SGX:M15 vs LIN, SHW, ECL: Receivables Turnover Comparison
For the Specialty Chemicals subindustry, Nanyang New Development'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.
Nanyang New Development Receivables Turnover vs Chemicals Industry
For the Chemicals industry and Basic Materials sector, Nanyang New Development's Receivables Turnover distribution charts can be found below:
* The bar in red indicates where Nanyang New Development's Receivables Turnover falls into.
* 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.
Nanyang New Development (SGX:M15) has a Receivables Turnover of 4.57 as of Jun. 2026. The accounts 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. View historical data on Nanyang New Development and its competitors.
Is Nanyang New Development's Receivables Turnover too high?
Nanyang New Development's current Receivables Turnover is 4.57. The Chemicals industry median Receivables Turnover is 5.76. Nanyang New Development's value of 4.57 is 20.7% below this industry median.
How does Nanyang New Development's Receivables Turnover compare to LIN and SHW?
Nanyang New Development's Receivables Turnover of 4.57 can be compared against companies in the Chemicals industry. The industry median Receivables Turnover is 5.76. Nanyang New Development's value of 4.57 is 20.7% below this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Receivables Turnover for a Chemicals company?
The median Receivables Turnover among Chemicals companies is 5.76, based on 1,585 companies in the industry. Companies in the top quartile (top 25%) have a Receivables Turnover significantly above this median, while those in the bottom quartile fall well below. However, Receivables Turnover should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Nanyang New Development's current Receivables Turnover of 4.57 is 20.7% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Receivables Turnover mean?
A high Receivables Turnover can signal that a stock is expensive relative to its fundamentals. The accounts 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. View historical data on Nanyang New Development and its competitors. For the Chemicals industry, the median Receivables Turnover is 5.76 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Nanyang New Development's current Receivables Turnover is 4.57. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nanyang New Development stock overvalued right now?
Nanyang New Development (SGX:M15) has a current Receivables Turnover of 4.57. The stock's GF Value™ is S$0.01, compared to a current price of S$0.02 — trading 120% above its estimated fair value. The current Receivables Turnover is 4.57 and 20.7% below the Chemicals industry median of 5.76. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Receivables Turnover calculated?
Receivables Turnover is calculated from a company's financial statements. For Nanyang New Development (SGX:M15), the current Receivables Turnover is 4.57 as of Jun. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Nanyang New Development Ltd principal activities of the Company are the formulation, manufacturing and sale of specialty chemicals focusing on dyestuff and auxiliaries for the textile industry. The geographic segments of the company are the PRC, Malaysia and Singapore. The company generates maximum revenue from the PRC.
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