Keck Seng Investments (Hong Kong) (HKSE:00184) Receivables Turnover : 14.38 (As of Dec. 2023)

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What is Keck Seng Investments (Hong Kong) 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. Keck Seng Investments (Hong Kong)'s Revenue for the six months ended in Dec. 2023 was HK$907 Mil. Keck Seng Investments (Hong Kong)'s average Accounts Receivable for the six months ended in Dec. 2023 was HK$63 Mil. Hence, Keck Seng Investments (Hong Kong)'s Receivables Turnover for the six months ended in Dec. 2023 was 14.38.

Keck Seng Investments (Hong Kong) Receivables Turnover Historical Data

The historical data trend for Keck Seng Investments (Hong Kong)'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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Keck Seng Investments (Hong Kong) Receivables Turnover Chart

Keck Seng Investments (Hong Kong) Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Receivables Turnover

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48.72

24.36

32.53

47.05

41.26

Keck Seng Investments (Hong Kong) Semi-Annual Data
	Jun14	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															6.97	14.11	15.01	12.63	14.38

Competitive Comparison of Keck Seng Investments (Hong Kong)'s Receivables Turnover

For the Lodging subindustry, Keck Seng Investments (Hong Kong)'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.

Keck Seng Investments (Hong Kong)'s Receivables Turnover Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Keck Seng Investments (Hong Kong)'s Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Keck Seng Investments (Hong Kong)'s Receivables Turnover falls into.

Keck Seng Investments (Hong Kong) Receivables Turnover Calculation

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

Keck Seng Investments (Hong Kong)'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 )
=	1738.354	/ (	(44.887	+	39.375)	/	2 )
=	1738.354	/	42.131
=	41.26

Keck Seng Investments (Hong Kong)'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 )
=	906.813	/ (	(86.752	+	39.375)	/	2 )
=	906.813	/	63.0635
=	14.38

Keck Seng Investments (Hong Kong) (HKSE:00184) 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.

Keck Seng Investments (Hong Kong) Receivables Turnover Related Terms

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Keck Seng Investments (Hong Kong) (HKSE:00184) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Keck Seng Investments (Hong Kong) Ltd (HKSE:00184) » Definitions » Receivables Turnover

Comparable Companies

Traded in Other Exchanges

KCKSF:USA KEC:Germany

Address

168-200 Connaught Road Central, Room 2902 West Tower, Shun Tak Centre, Central, Hong Kong, HKG

Website

https://www.keckseng.com.hk

Keck Seng Investments (Hong Kong) Ltd is an investment holding company engaged in hotel and club operations, property investment and development and the provision of management services. It has three operating segments: Hotel segment; Property segment and Investment and corporate segment. Majority of the revenue is derived from Hotel segment that is engaged in the businesses of hotel room accommodation, provision of food and beverage at hotel restaurant outlets and operation of slot machines at one of the Group's hotels.

Executives

Ho Kian Guan	2201 Interest of corporation controlled by you
Ho Kian Hock	2201 Interest of corporation controlled by you
Kansas Holdings Limited	2101 Beneficial owner
Ks Ocean Inc.	2201 Interest of corporation controlled by you

Keck Seng Investments (Hong Kong) (HKSE:00184) Headlines

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