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Reclaims Global (SGX:NEX) Receivables Turnover : 2.26 (As of Jul. 2024)


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What is Reclaims Global 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. Reclaims Global's Revenue for the six months ended in Jul. 2024 was S$18.96 Mil. Reclaims Global's average Accounts Receivable for the six months ended in Jul. 2024 was S$8.38 Mil. Hence, Reclaims Global's Receivables Turnover for the six months ended in Jul. 2024 was 2.26.


Reclaims Global Receivables Turnover Historical Data

The historical data trend for Reclaims Global'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.

Reclaims Global Receivables Turnover Chart

Reclaims Global Annual Data
Trend Jan16 Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23 Jan24
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only 5.18 3.15 4.43 3.55 3.36

Reclaims Global Semi-Annual Data
Jan16 Jan17 Jul17 Jan18 Jul18 Jan19 Jul19 Jan20 Jul20 Jan21 Jul21 Jan22 Jul22 Jan23 Jul23 Jan24 Jul24
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 1.89 1.79 1.47 1.91 2.26

Competitive Comparison of Reclaims Global's Receivables Turnover

For the Waste Management subindustry, Reclaims Global'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.


Reclaims Global's Receivables Turnover Distribution in the Waste Management Industry

For the Waste Management industry and Industrials sector, Reclaims Global's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Reclaims Global's Receivables Turnover falls into.



Reclaims Global Receivables Turnover Calculation

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

Reclaims Global's Receivables Turnover for the fiscal year that ended in Jan. 2024 is calculated as

Receivables Turnover (A: Jan. 2024 )
=Revenue / Average Total Inventories
=Revenue (A: Jan. 2024 ) / ((Accounts Receivable (A: Jan. 2023 ) + Accounts Receivable (A: Jan. 2024 )) / count )
=24.311 / ((7.432 + 7.043) / 2 )
=24.311 / 7.2375
=3.36

Reclaims Global's Receivables Turnover for the quarter that ended in Jul. 2024 is calculated as

Receivables Turnover (Q: Jul. 2024 )
=Revenue / Average Total Inventories
=Revenue (Q: Jul. 2024 ) / ((Accounts Receivable (Q: Jan. 2024 ) + Accounts Receivable (Q: Jul. 2024 )) / count )
=18.961 / ((7.043 + 9.715) / 2 )
=18.961 / 8.379
=2.26

* 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.


Reclaims Global  (SGX:NEX) 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.


Reclaims Global Receivables Turnover Related Terms

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Reclaims Global Business Description

Traded in Other Exchanges
N/A
Address
10 Tuas South Street 7, Singapore, SGP, 637114
Reclaims Global Ltd is an integrated service provider in the construction industry. The group specializes in the recycling of construction and demolition waste, customisation of excavation solutions, and operating fleet management. Its operating business segments are; Recycling, Excavation services, and Logistics and leasing. The company derives maximum revenue from the Excavation services segment which performs land clearing, excavation, and removal of construction and demolition waste. The Excavation services consist of demolition works, site clearance, reshaping, backfilling, and compacting and turfing.

Reclaims Global Headlines

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