Alpha DX Group (SGX:VVL) Receivables Turnover: 0.66 (As of Jun. 2022)

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SGX:VVL Alpha DX Group Ltd SGX:VVL
29 GF Score
Price S$0.11
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What is Alpha DX Group Receivables Turnover?

Alpha DX Group SGX:VVL 29 Receivables Turnover is 0.66 as of Jun. 2022. GuruFocus rates SGX:VVL with a GF Score™ of 29/100.

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. Alpha DX Group's Revenue for the three months ended in Jun. 2022 was S$1.63 Mil. Alpha DX Group's average Accounts Receivable for the three months ended in Jun. 2022 was S$2.49 Mil. Hence, Alpha DX Group's Receivables Turnover for the three months ended in Jun. 2022 was 0.66.


Alpha DX Group  (SGX:VVL) 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.


Alpha DX Group Receivables Turnover Related Terms


Alpha DX Group Receivables Turnover Historical Data

* Premium members only.

The historical data trend for Alpha DX 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.

Alpha DX Group Receivables Turnover Chart

Alpha DX Group Annual Data
Trend Mar12 Mar13 Mar14 Mar15 Mar16 Dec17 Dec18 Dec19 Dec20 Dec21
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.00 0.00 6.22

Alpha DX Group Quarterly Data
Mar15 Sep15 Mar16 Sep16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22
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 0.76 0.97 1.50 0.87 0.66

SGX:VVL vs SGLB: Receivables Turnover Comparison

For the Information Technology Services subindustry, Alpha DX 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.


Alpha DX Group Receivables Turnover vs Software Industry

For the Software industry and Technology sector, Alpha DX Group's Receivables Turnover distribution charts can be found below:

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


SGX:VVL
29GF Score
Alpha DX Group Ltd SGX:VVL
Receivables Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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Alpha DX Group Receivables Turnover Calculation

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

Alpha DX Group's Receivables Turnover for the fiscal year that ended in Dec. 2021 is calculated as

Receivables Turnover (A: Dec. 2021 )
=Revenue / Average Accounts Receivable
=Revenue (A: Dec. 2021 ) / ((Accounts Receivable (A: Dec. 2020 ) + Accounts Receivable (A: Dec. 2021 )) / count )
=9.715 / ((0 + 1.563) / 1 )
=9.715 / 1.563
=6.22

Alpha DX Group's Receivables Turnover for the quarter that ended in Jun. 2022 is calculated as

Receivables Turnover (Q: Jun. 2022 )
=Revenue / Average Accounts Receivable
=Revenue (Q: Jun. 2022 ) / ((Accounts Receivable (Q: Mar. 2022 ) + Accounts Receivable (Q: Jun. 2022 )) / count )
=1.632 / ((3.224 + 1.756) / 2 )
=1.632 / 2.49
=0.66

* 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 0.66 mean?
Alpha DX Group (SGX:VVL) has a Receivables Turnover of 0.66 as of Jun. 2022. 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 Alpha DX Group and its competitors.
Is Alpha DX Group's Receivables Turnover too high?
Alpha DX Group's current Receivables Turnover is 0.66. The Software industry median Receivables Turnover is 5.95. Alpha DX Group's value of 0.66 is 88.9% below this industry median. Overall, Alpha DX Group has a GF Score™ of 29/100, reflecting its overall financial health beyond just this single metric.
How does Alpha DX Group's Receivables Turnover compare to SGLB?
Alpha DX Group's Receivables Turnover of 0.66 can be compared against companies in the Software industry. The industry median Receivables Turnover is 5.95. Alpha DX Group's value of 0.66 is 88.9% 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 Software company?
The median Receivables Turnover among Software companies is 5.95, based on 2,782 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. Alpha DX Group's current Receivables Turnover of 0.66 is 88.9% 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 Alpha DX Group and its competitors. For the Software industry, the median Receivables Turnover is 5.95 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Alpha DX Group's current Receivables Turnover is 0.66. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Alpha DX Group stock overvalued right now?
Alpha DX Group (SGX:VVL) has a current Receivables Turnover of 0.66. The current Receivables Turnover is 0.66 and 88.9% below the Software industry median of 5.95. Alpha DX Group's overall GF Score™ is 29/100. 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 Alpha DX Group (SGX:VVL), the current Receivables Turnover is 0.66 as of Jun. 2022. 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.

Alpha DX Group Business Description

Address 29 Tai Seng Avenue, No. 07-07 Natural Cool Lifestyle, Singapore, SGP, 534119
Alpha DX Group Ltd is engaged in providing digital transformation services in the learning and education sector. The company's segment includes Digital Transformation in Learning and Education (DTLE); Education; and Investment holdings. It generates maximum revenue from the DTLE segment. The Digital Transformation in Learning and Education (DTLE) segment offers learning technology solutions and customised digital learning content.
29GF Score

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Receivables Turnover is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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