The Trendlines Group (SGX:42T) Receivables Turnover

: 1.26 (As of Dec. 2023)

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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. The Trendlines Group's Revenue for the six months ended in Dec. 2023 was S$3.20 Mil. The Trendlines Group's average Accounts Receivable for the six months ended in Dec. 2023 was S$2.55 Mil. Hence, The Trendlines Group's Receivables Turnover for the six months ended in Dec. 2023 was 1.26.

The Trendlines Group Receivables Turnover Historical Data

The historical data trend for The Trendlines 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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The Trendlines Group Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Receivables Turnover

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8.24

9.71

11.12

13.72

29.50

The Trendlines Group Semi-Annual Data
	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Receivables Turnover	Get a 7-Day Free Trial														0.77	1.05	1.28	1.10	1.26

Competitive Comparison

For the Asset Management subindustry, The Trendlines 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.

The Trendlines Group Receivables Turnover Distribution

For the Asset Management industry and Financial Services sector, The Trendlines Group's Receivables Turnover distribution charts can be found below:

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

The Trendlines Group Receivables Turnover Calculation

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

The Trendlines Group's Receivables Turnover for the fiscal year that ended in Dec. 2023 is calculated as

	Receivables Turnover (A: Dec. 2023 )
=	Revenue	/	Average Total Inventories
=	Revenue (A: Dec. 2023 )	/ (	(Accounts Receivable (A: Dec. 2022 )	+	Accounts Receivable (A: Dec. 2023 ))	/	count )
=	5.989	/ (	(0.214	+	0.192)	/	2 )
=	5.989	/	0.203
=	29.50

The Trendlines Group's Receivables Turnover for the quarter that ended in Dec. 2023 is calculated as

	Receivables Turnover (Q: Dec. 2023 )
=	Revenue	/	Average Total Inventories
=	Revenue (Q: Dec. 2023 )	/ (	(Accounts Receivable (Q: Jun. 2023 )	+	Accounts Receivable (Q: Dec. 2023 ))	/	count )
=	3.2	/ (	(4.907	+	0.192)	/	2 )
=	3.2	/	2.5495
=	1.26

The Trendlines Group (SGX:42T) 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.

The Trendlines Group Receivables Turnover Related Terms

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The Trendlines Group (SGX:42T) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » The Trendlines Group Ltd (SGX:42T) » Definitions » Receivables Turnover

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TRNLY:USA

Address

17 T’chelet Street, Misgav Business Park, The Trendlines Building, M.P. Misgav, ISR, 2017400

Website

https://www.trendlines.com

The Trendlines Group Ltd is engaged in investing in and establishing innovative agrifood tech and medical device companies. The company invests in and builds portfolio companies throughout its entire life cycle. The group provides a range of services to its portfolio companies during their first years following its initial investment such as technology support which includes research and development; business, market, and commercialization strategy and support; funding strategy; financial support and business development; and marketing communications support. The group's cooperation models include joint ventures, partnerships, co-investments, and the formation of strategic alliances around the world.

The Trendlines Group (SGX:42T) Headlines

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