Y Ventures Group (SGX:1F1) Receivables Turnover : 4.95 (As of Dec. 2023)

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What is Y Ventures Group 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. Y Ventures Group's Revenue for the three months ended in Dec. 2023 was S$6.31 Mil. Y Ventures Group's average Accounts Receivable for the three months ended in Dec. 2023 was S$1.27 Mil. Hence, Y Ventures Group's Receivables Turnover for the three months ended in Dec. 2023 was 4.95.

Y Ventures Group Receivables Turnover Historical Data

The historical data trend for Y Ventures 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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Y Ventures Group Receivables Turnover Chart

Y Ventures Group Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Receivables Turnover

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59.61

121.19

90.95

84.98

74.51

Y Ventures Group Quarterly Data
	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Receivables Turnover	Get a 7-Day Free Trial															8.03	9.06	5.34	6.70	4.95

Competitive Comparison of Y Ventures Group's Receivables Turnover

For the Internet Retail subindustry, Y Ventures 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.

Y Ventures Group's Receivables Turnover Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Y Ventures Group's Receivables Turnover distribution charts can be found below:

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

Y Ventures Group Receivables Turnover Calculation

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

Y Ventures 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 )
=	30.141	/ (	(0.311	+	0.498)	/	2 )
=	30.141	/	0.4045
=	74.51

Y Ventures 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: Sep. 2023 )	+	Accounts Receivable (Q: Dec. 2023 ))	/	count )
=	6.309	/ (	(2.05	+	0.498)	/	2 )
=	6.309	/	1.274
=	4.95

Y Ventures Group (SGX:1F1) 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.

Y Ventures Group Receivables Turnover Related Terms

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Y Ventures Group (SGX:1F1) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Y Ventures Group Ltd (SGX:1F1) » Definitions » Receivables Turnover

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Traded in Other Exchanges

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Address

60 Paya Lebar Road, No. 04-54, Paya Lebar Square, Singapore, SGP, 409051

Website

https://www.yventures.com.sg

Y Ventures Group Ltd is a data analytics-driven e-commerce company. It is a data analytics-driven, e-commerce retailer, and distributor specializing in online retail data analytics, marketing, distribution and sale of a wide range of merchandises, under third-party brands and private label. The company distributes products under the categories of book publishing; home and decor; and health and beauty. Its segment includes E-commerce retail and distribution; Logistics and freight forwarding services and Waste management services. It derives most of its revenue from E-commerce retail and distribution.

Y Ventures Group (SGX:1F1) Headlines

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