Olam Group (SGX:VC2) Receivables Turnover : 6.49 (As of Dec. 2024)

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What is Olam Group 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. Olam Group's Revenue for the six months ended in Dec. 2024 was S$29,237 Mil. Olam Group's average Accounts Receivable for the six months ended in Dec. 2024 was S$4,508 Mil. Hence, Olam Group's Receivables Turnover for the six months ended in Dec. 2024 was 6.49.

Olam Group Receivables Turnover Historical Data

The historical data trend for Olam Group'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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Olam Group Receivables Turnover Chart

Olam Group Annual Data

Trend

Jun15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Receivables Turnover

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19.55

24.51

22.99

17.17

15.98

Olam Group Semi-Annual Data
	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24	Dec24
Receivables Turnover	Get a 7-Day Free Trial															8.26	8.11	7.21	6.67	6.49

Competitive Comparison of Olam Group's Receivables Turnover

For the Food Distribution subindustry, Olam Group'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.

Olam Group's Receivables Turnover Distribution in the Retail - Defensive Industry

For the Retail - Defensive industry and Consumer Defensive sector, Olam Group's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Olam Group's Receivables Turnover falls into.

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Olam Group Receivables Turnover Calculation

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

Olam Group's Receivables Turnover for the fiscal year that ended in Dec. 2024 is calculated as

	Receivables Turnover (A: Dec. 2024 )
=	Revenue	/	Average Total Inventories
=	Revenue (A: Dec. 2024 )	/ (	(Accounts Receivable (A: Dec. 2023 )	+	Accounts Receivable (A: Dec. 2024 ))	/	count )
=	56158.492	/ (	(3041.032	+	3985.524)	/	2 )
=	56158.492	/	3513.278
=	15.98

Olam Group's Receivables Turnover for the quarter that ended in Dec. 2024 is calculated as

	Receivables Turnover (Q: Dec. 2024 )
=	Revenue	/	Average Total Inventories
=	Revenue (Q: Dec. 2024 )	/ (	(Accounts Receivable (Q: Jun. 2024 )	+	Accounts Receivable (Q: Dec. 2024 ))	/	count )
=	29237.063	/ (	(5030.98	+	3985.524)	/	2 )
=	29237.063	/	4508.252
=	6.49

Olam Group (SGX:VC2) 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.

Olam Group Receivables Turnover Related Terms

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Olam Group Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Retail - Defensive » Olam Group Ltd (SGX:VC2) » Definitions » Receivables Turnover

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Traded in Other Exchanges

OLGPF:USA K25:Germany

Address

7 Straits View, No. 20-01, Marina One East Tower, Singapore, SGP, 018936

Website

https://www.olamgroup.com

Olam Group Ltd food and agri-business, supplying food ingredients, feed, and fibre to customers. The company, along with its subsidiaries operates in the following business segments: Olam Food Ingredients, Olam Global Agri, and the Remaining Olam Group. It generates maximum revenue from the Olam Global Agri segment, which is engaged in the origination, processing, trading, logistics, and distribution of grains, animal feed and protein, edible oil, rice, cotton, rubber, and wood products. It also provides commodity financial services. Geographically, the company derives a majority of its revenue from Asia, the Middle East, and Australia, and the rest from Africa, Europe, and the Americas.

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