City Developments (STU:CDE) Receivables Turnover : 4.36 (As of Dec. 2024)

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What is City Developments 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. City Developments's Revenue for the six months ended in Dec. 2024 was €1,208 Mil. City Developments's average Accounts Receivable for the six months ended in Dec. 2024 was €277 Mil. Hence, City Developments's Receivables Turnover for the six months ended in Dec. 2024 was 4.36.

City Developments Receivables Turnover Historical Data

The historical data trend for City Developments'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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City Developments Receivables Turnover Chart

City Developments Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Receivables Turnover

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10.68

12.25

13.61

18.25

10.57

City Developments 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															8.82	10.09	8.07	4.26	4.36

Competitive Comparison of City Developments's Receivables Turnover

For the Real Estate - Development subindustry, City Developments'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.

City Developments's Receivables Turnover Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, City Developments's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where City Developments's Receivables Turnover falls into.

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City Developments Receivables Turnover Calculation

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

City Developments'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 )
=	2313.384	/ (	(193.466	+	244.125)	/	2 )
=	2313.384	/	218.7955
=	10.57

City Developments'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 )
=	1208.386	/ (	(310.213	+	244.125)	/	2 )
=	1208.386	/	277.169
=	4.36

City Developments (STU:CDE) 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.

City Developments Receivables Turnover Related Terms

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City Developments Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » City Developments Ltd (STU:CDE) » Definitions » Receivables Turnover

Comparable Companies

Traded in Other Exchanges

CDEVY:USA C70.PFD:Singapore C09:Singapore

Address

9 Raffles Place, No. 12-01 Republic Plaza, Singapore, SGP, 048619

Website

http://www.cdl.com.sg

City Developments Ltd operates as a property developer and owner, and investment holding company. Along with its subsidiaries, its principal activities are those of property developers and owners, hotel owners and operators, a club operator and owner, investment in properties and in shares, property management, project management, and provision of consultancy, procurement, and laundry services. The company's reportable segments are; Property development, Hotel operations, and Investment properties. The majority of the revenue is generated from its Property development segment which develops and purchases properties for sale. Key revenue for the company is generated from its operations in Singapore and the rest from Japan, China, the United States, United Kingdom, and other regions.