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Paragon REIT (SGX:SK6U) Receivables Turnover : 40.37 (As of Dec. 2023)


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What is Paragon REIT 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. Paragon REIT's Revenue for the six months ended in Dec. 2023 was S$145.8 Mil. Paragon REIT's average Accounts Receivable for the six months ended in Dec. 2023 was S$3.6 Mil. Hence, Paragon REIT's Receivables Turnover for the six months ended in Dec. 2023 was 40.37.


Paragon REIT Receivables Turnover Historical Data

The historical data trend for Paragon REIT'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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Paragon REIT Receivables Turnover Chart

Paragon REIT Annual Data
Trend Aug14 Aug15 Aug16 Aug17 Aug18 Aug19 Aug20 Aug21 Dec22 Dec23
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 83.95 22.52 20.56 29.71 161.23

Paragon REIT Semi-Annual Data
Feb14 Aug14 Feb15 Aug15 Feb16 Aug16 Feb17 Aug17 Feb18 Aug18 Feb19 Aug19 Feb20 Aug20 Feb21 Aug21 Feb22 Dec22 Jun23 Dec23
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 12.03 15.52 16.26 26.34 40.37

Competitive Comparison of Paragon REIT's Receivables Turnover

For the REIT - Retail subindustry, Paragon REIT'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.


Paragon REIT's Receivables Turnover Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Paragon REIT's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Paragon REIT's Receivables Turnover falls into.



Paragon REIT Receivables Turnover Calculation

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

Paragon REIT'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 )
=288.926 / ((0 + 1.792) / 1 )
=288.926 / 1.792
=161.23

Paragon REIT'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 )
=145.842 / ((5.433 + 1.792) / 2 )
=145.842 / 3.6125
=40.37

* 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.


Paragon REIT  (SGX:SK6U) 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.


Paragon REIT Receivables Turnover Related Terms

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Paragon REIT (SGX:SK6U) Business Description

Traded in Other Exchanges
N/A
Address
79 Robinson Road, CapitaSky, Bridge+, Singapore, SGP, 068897
Paragon REIT is a real estate investment trust which focuses on retail properties in Singapore and other Asia Pacific regions. The trust primarily comprises upscale retail malls and shopping centres.

Paragon REIT (SGX:SK6U) Headlines

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