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YYGH (YY Group Holding) Receivables Turnover : 2.75 (As of Dec. 2024)


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What is YY Group Holding 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. YY Group Holding's Revenue for the six months ended in Dec. 2024 was $21.84 Mil. YY Group Holding's average Accounts Receivable for the six months ended in Dec. 2024 was $7.94 Mil. Hence, YY Group Holding's Receivables Turnover for the six months ended in Dec. 2024 was 2.75.

YY Group Holding Receivables Turnover Historical Data

The historical data trend for YY Group Holding'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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YY Group Holding Receivables Turnover Chart

YY Group Holding Annual Data
Trend Dec21 Dec22 Dec23 Dec24
Receivables Turnover
4.27 4.86 5.68 5.39

YY Group Holding Semi-Annual Data
Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24
Receivables Turnover Get a 7-Day Free Trial 2.51 2.81 2.87 2.62 2.75

Competitive Comparison of YY Group Holding's Receivables Turnover

For the Personal Services subindustry, YY Group Holding'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.

YY Group Holding's Receivables Turnover Distribution in the Personal Services Industry

For the Personal Services industry and Consumer Cyclical sector, YY Group Holding's Receivables Turnover distribution charts can be found below:

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


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YY Group Holding Receivables Turnover Calculation

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

YY Group Holding'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 )
=41.103 / ((7.038 + 8.216) / 2 )
=41.103 / 7.627
=5.39

YY Group Holding'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 )
=21.844 / ((7.659 + 8.216) / 2 )
=21.844 / 7.9375
=2.75

* 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.

YY Group Holding  (NAS:YYGH) 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.

YY Group Holding Receivables Turnover Related Terms

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YY Group Holding Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Personal Services » YY Group Holding Ltd (NAS:YYGH) » Definitions » Receivables Turnover
Comparable Companies
RGS WW EVTK EJH IVP CLIK DROR TRNR VGES MED ROL SCI HRB BFAM FTDR LSE:XPS HKSE:01448 LSE:CVSG ROCO:5530 XTER:CWC
Traded in Other Exchanges
N/A
Address
60 Paya Lebar Road, 09-13 to 17, Paya Lebar Square, Singapore, SGP, 409051
Website
https://www.yygroupholding.com
YY Group Holding Ltd is a data and technology-driven company focused on developing enterprise intelligent labor matching services and smart cleaning services, founded in Singapore. Through its subsidiaries, it provides enterprise manpower outsourcing and smart cleaning services in Singapore, Malaysia, and other countries. The group's reportable segments are Manpower outsourcing services and Cleaning Service. Maximum revenue is generated from the Cleaning Service segment, which is engaged in acting as a contractor to provide long-term cleaning services to hotels and shopping malls, including the areas of toilets, common areas, bin centers, elevators, etc. Geographically, a majority of the group's revenue is generated from its operations in Singapore and Malaysia.