Jubilee Industries Holdings (SGX:NHD) Receivables Turnover : 1.89 (As of Sep. 2024)

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What is Jubilee Industries Holdings 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. Jubilee Industries Holdings's Revenue for the six months ended in Sep. 2024 was S$1.92 Mil. Jubilee Industries Holdings's average Accounts Receivable for the six months ended in Sep. 2024 was S$1.02 Mil. Hence, Jubilee Industries Holdings's Receivables Turnover for the six months ended in Sep. 2024 was 1.89.

Jubilee Industries Holdings Receivables Turnover Historical Data

The historical data trend for Jubilee Industries Holdings'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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Jubilee Industries Holdings Receivables Turnover Chart

Jubilee Industries Holdings Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Receivables Turnover

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5.02

5.50

1.32

0.52

2.91

Jubilee Industries Holdings Semi-Annual Data
	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23	Mar24	Sep24
Receivables Turnover	Get a 7-Day Free Trial															0.17	0.21	1.38	1.61	1.89

Competitive Comparison of Jubilee Industries Holdings's Receivables Turnover

For the Electronics & Computer Distribution subindustry, Jubilee Industries Holdings'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.

Jubilee Industries Holdings's Receivables Turnover Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Jubilee Industries Holdings's Receivables Turnover distribution charts can be found below:

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

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Jubilee Industries Holdings Receivables Turnover Calculation

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

Jubilee Industries Holdings's Receivables Turnover for the fiscal year that ended in Mar. 2024 is calculated as

	Receivables Turnover (A: Mar. 2024 )
=	Revenue	/	Average Total Inventories
=	Revenue (A: Mar. 2024 )	/ (	(Accounts Receivable (A: Mar. 2023 )	+	Accounts Receivable (A: Mar. 2024 ))	/	count )
=	3.333	/ (	(1.329	+	0.961)	/	2 )
=	3.333	/	1.145
=	2.91

Jubilee Industries Holdings's Receivables Turnover for the quarter that ended in Sep. 2024 is calculated as

	Receivables Turnover (Q: Sep. 2024 )
=	Revenue	/	Average Total Inventories
=	Revenue (Q: Sep. 2024 )	/ (	(Accounts Receivable (Q: Mar. 2024 )	+	Accounts Receivable (Q: Sep. 2024 ))	/	count )
=	1.924	/ (	(0.961	+	1.077)	/	2 )
=	1.924	/	1.019
=	1.89

Jubilee Industries Holdings (SGX:NHD) 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.

Jubilee Industries Holdings Receivables Turnover Related Terms

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Jubilee Industries Holdings Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Jubilee Industries Holdings Ltd (SGX:NHD) » Definitions » Receivables Turnover

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Traded in Other Exchanges

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Address

10 Ubi Crescent Ubi Techpark, Lobby E No. 03-95, Singapore, SGP, 408564

Website

https://www.jihldgs.com

Jubilee Industries Holdings Ltd is engaged in providing precision plastic injection mold design and related services. It organizes its business in the two primary geographic areas: Singapore and Malaysia. It is a one-stop solutions provider of precision plastic injection moulding (PPIM), and mould design & fabrication services (MDF). As an extension of PPIM services, its also offer integrated value-added services such as: Laser etching, Ultrasonic welding, Printing, Polishing; and Sub-assembly.

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