Serial System (SGX:S69) Receivables Turnover: 2.74 (As of Jun. 2026)

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What is Serial System Receivables Turnover?

Serial System SGX:S69 -4.55% Receivables Turnover is 2.74 as of Jun. 2026. The stock has 5 warning signs investors should review. Among 2,463 Hardware companies, Serial System ranks better than 55.87% on this metric.

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. Serial System's Revenue for the six months ended in Jun. 2026 was S$648 Mil. Serial System's average Accounts Receivable for the six months ended in Jun. 2026 was S$236 Mil. Hence, Serial System's Receivables Turnover for the six months ended in Jun. 2026 was 2.74.


Serial System  (SGX:S69) 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.


Serial System Receivables Turnover Related Terms


Serial System Receivables Turnover Historical Data

* Premium members only.

The historical data trend for Serial System'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.

Serial System Receivables Turnover Chart

Serial System Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 6.16 5.49 4.66 4.97 4.84

Serial System Semi-Annual Data
Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25 Jun26
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 2.45 2.58 2.30 2.69 2.74

SGX:S69 vs SNX, ARW, AVT: Receivables Turnover Comparison

For the Electronics & Computer Distribution subindustry, Serial System'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.


Serial System Receivables Turnover vs Hardware Industry

For the Hardware industry and Technology sector, Serial System's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Serial System's Receivables Turnover falls into.



Serial System Receivables Turnover Calculation

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

Serial System's Receivables Turnover for the fiscal year that ended in Dec. 2025 is calculated as

Receivables Turnover (A: Dec. 2025 )
=Revenue / Average Accounts Receivable
=Revenue (A: Dec. 2025 ) / ((Accounts Receivable (A: Dec. 2024 ) + Accounts Receivable (A: Dec. 2025 )) / count )
=1110.606 / ((224.455 + 234.714) / 2 )
=1110.606 / 229.5845
=4.84

Serial System's Receivables Turnover for the quarter that ended in Jun. 2026 is calculated as

Receivables Turnover (Q: Jun. 2026 )
=Revenue / Average Accounts Receivable
=Revenue (Q: Jun. 2026 ) / ((Accounts Receivable (Q: Dec. 2025 ) + Accounts Receivable (Q: Jun. 2026 )) / count )
=647.857 / ((234.714 + 237.66) / 2 )
=647.857 / 236.187
=2.74

* 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.

Frequently Asked Questions Learn more about Receivables Turnover →
What does a Receivables Turnover of 2.74 mean?
Serial System (SGX:S69) has a Receivables Turnover of 2.74 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 Serial System and its competitors. According to the industry distribution chart, Serial System ranks #1087 out of 2463 companies in the Hardware industry, placing it in the top 44.1%.
Is Serial System's Receivables Turnover too high?
Serial System's current Receivables Turnover is 2.74. The Hardware industry median Receivables Turnover is 5.03. Serial System's value of 2.74 is 45.5% below this industry median. Based on the distribution chart, Serial System ranks #1087 out of 2463 companies in the Hardware industry, which is above the industry midpoint.
How does Serial System's Receivables Turnover compare to SNX and ARW?
According to the Hardware industry distribution chart, Serial System ranks #1087 out of 2463 companies for Receivables Turnover. This puts Serial System in the upper half of its industry. The industry median Receivables Turnover is 5.03. Serial System's value of 2.74 is 45.5% 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 Hardware company?
The median Receivables Turnover among Hardware companies is 5.03, based on 2,463 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. Serial System's current Receivables Turnover of 2.74 is 45.5% 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 Serial System and its competitors. For the Hardware industry, the median Receivables Turnover is 5.03 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Serial System's current Receivables Turnover is 2.74. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Serial System stock overvalued right now?
Based on GuruFocus' analysis, Serial System (SGX:S69) is currently considered Fairly Valued. The stock's GF Value™ is S$0.06, compared to a current price of S$0.06 — trading 5% above its estimated fair value. The current Receivables Turnover is 2.74 and 45.5% below the Hardware industry median of 5.03. 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 Serial System (SGX:S69), the current Receivables Turnover is 2.74 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.

Serial System Business Description

Address 8 Ubi View No. 05-01, Serial System Building, Singapore, SGP, 408554
Serial System Ltd is an investment holding company that provides management services to its subsidiaries. The company is involved in the distribution of electronic and electrical components, and trading and distribution of fast-moving consumer goods, and other products. The business operates through segments that are Electronic Components Distribution, Consumer Products Distribution, and Other Businesses. The company derives maximum revenue from Electronic components distribution.