Union Steel Holdings (SGX:ZB9) Receivables Turnover: 1.58 (As of Jun. 2026)

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SGX:ZB9 Union Steel Holdings Ltd SGX:ZB9
42 GF Score
Price S$0.48
! 10 Warning Signs
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What is Union Steel Holdings Receivables Turnover?

Union Steel Holdings SGX:ZB9 42 Receivables Turnover is 1.58 as of Jun. 2026. GuruFocus rates SGX:ZB9 with a GF Score™ of 42/100. The stock has 10 warning signs investors should review. Among 237 Waste Management companies, Union Steel Holdings ranks worse than 59.49% 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. Union Steel Holdings's Revenue for the six months ended in Jun. 2026 was S$51.0 Mil. Union Steel Holdings's average Accounts Receivable for the six months ended in Jun. 2026 was S$32.3 Mil. Hence, Union Steel Holdings's Receivables Turnover for the six months ended in Jun. 2026 was 1.58.


Union Steel Holdings  (SGX:ZB9) 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.


Union Steel Holdings Receivables Turnover Related Terms


Union Steel Holdings Receivables Turnover Historical Data

* Premium members only.

The historical data trend for Union Steel 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.

Union Steel Holdings Receivables Turnover Chart

Union Steel Holdings Annual Data
Trend Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25 Jun26
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5.02 4.90 4.62 4.65 4.23

Union Steel Holdings 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 1.76 2.01 1.91 2.20 1.58

SGX:ZB9 vs WM, RSG, WCN: Receivables Turnover Comparison

For the Waste Management subindustry, Union Steel 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.


Union Steel Holdings Receivables Turnover vs Waste Management Industry

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

* The bar in red indicates where Union Steel Holdings's Receivables Turnover falls into.


SGX:ZB9
42GF Score
Union Steel Holdings Ltd SGX:ZB9
Receivables Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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Union Steel Holdings Receivables Turnover Calculation

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

Union Steel Holdings's Receivables Turnover for the fiscal year that ended in Jun. 2026 is calculated as

Receivables Turnover (A: Jun. 2026 )
=Revenue / Average Accounts Receivable
=Revenue (A: Jun. 2026 ) / ((Accounts Receivable (A: Jun. 2025 ) + Accounts Receivable (A: Jun. 2026 )) / count )
=107.263 / ((18.653 + 32.111) / 2 )
=107.263 / 25.382
=4.23

Union Steel Holdings'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 )
=51.045 / ((32.401 + 32.111) / 2 )
=51.045 / 32.256
=1.58

* 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 1.58 mean?
Union Steel Holdings (SGX:ZB9) has a Receivables Turnover of 1.58 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 Union Steel Holdings and its competitors. According to the industry distribution chart, Union Steel Holdings ranks #141 out of 237 companies in the Waste Management industry, placing it in the top 59.5%.
Is Union Steel Holdings' Receivables Turnover too high?
Union Steel Holdings' current Receivables Turnover is 1.58. The Waste Management industry median Receivables Turnover is 4.86. Union Steel Holdings' value of 1.58 is 67.5% below this industry median. Based on the distribution chart, Union Steel Holdings ranks #141 out of 237 companies in the Waste Management industry, which is below the industry midpoint. Overall, Union Steel Holdings has a GF Score™ of 42/100, reflecting its overall financial health beyond just this single metric.
How does Union Steel Holdings' Receivables Turnover compare to WM and RSG?
According to the Waste Management industry distribution chart, Union Steel Holdings ranks #141 out of 237 companies for Receivables Turnover. This places Union Steel Holdings in the lower half of its industry. The industry median Receivables Turnover is 4.86. Union Steel Holdings' value of 1.58 is 67.5% 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 Waste Management company?
The median Receivables Turnover among Waste Management companies is 4.86, based on 237 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. Union Steel Holdings's current Receivables Turnover of 1.58 is 67.5% 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 Union Steel Holdings and its competitors. For the Waste Management industry, the median Receivables Turnover is 4.86 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Union Steel Holdings's current Receivables Turnover is 1.58. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Union Steel Holdings stock overvalued right now?
Union Steel Holdings (SGX:ZB9) has a current Receivables Turnover of 1.58. The current Receivables Turnover is 1.58 and 67.5% below the Waste Management industry median of 4.86. Union Steel Holdings' overall GF Score™ is 42/100 with 10 warning signs to review. 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 Union Steel Holdings (SGX:ZB9), the current Receivables Turnover is 1.58 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.

Union Steel Holdings Business Description

Address 33 Pioneer Road North, Singapore, SGP, 628474
Union Steel Holdings Ltd is an investment holding company. Its operating segments are Metals, which include import and export of scrap metals, waste collection services, trading, and leasing of metal products.; Scaffolding that provides scaffolding services and related consultancy services; Engineering, including civil construction and engineering work, manufacturing of motor vehicle bodies, and sale and rental of marine deck equipment; and Others that include income from the rental of properties. The company generates the majority of revenue from the Metals segment. Geographically, the company operates mainly in Singapore, followed by India, Thailand, Malaysia, Indonesia, Pakistan, China, Bangladesh, and Other Countries.
42GF 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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