Yongmao Holdings (SGX:BKX) Receivables Turnover : 0.92 (As of Sep. 2023)

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What is Yongmao Holdings 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. Yongmao Holdings's Revenue for the six months ended in Sep. 2023 was S$89.6 Mil. Yongmao Holdings's average Accounts Receivable for the six months ended in Sep. 2023 was S$97.5 Mil. Hence, Yongmao Holdings's Receivables Turnover for the six months ended in Sep. 2023 was 0.92.

Yongmao Holdings Receivables Turnover Historical Data

The historical data trend for Yongmao Holdings'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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Yongmao Holdings Receivables Turnover Chart

Yongmao Holdings Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Receivables Turnover

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2.64

2.54

2.20

2.31

1.82

Yongmao Holdings Semi-Annual Data
	Mar14	Sep14	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Receivables Turnover	Get a 7-Day Free Trial															1.12	0.89	0.96	0.75	0.92

Competitive Comparison of Yongmao Holdings's Receivables Turnover

For the Farm & Heavy Construction Machinery subindustry, Yongmao Holdings'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.

Yongmao Holdings's Receivables Turnover Distribution in the Farm & Heavy Construction Machinery Industry

For the Farm & Heavy Construction Machinery industry and Industrials sector, Yongmao Holdings's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Yongmao Holdings's Receivables Turnover falls into.

Yongmao Holdings Receivables Turnover Calculation

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

Yongmao Holdings's Receivables Turnover for the fiscal year that ended in Mar. 2023 is calculated as

	Receivables Turnover (A: Mar. 2023 )
=	Revenue	/	Average Total Inventories
=	Revenue (A: Mar. 2023 )	/ (	(Accounts Receivable (A: Mar. 2022 )	+	Accounts Receivable (A: Mar. 2023 ))	/	count )
=	178.136	/ (	(101.03	+	94.688)	/	2 )
=	178.136	/	97.859
=	1.82

Yongmao Holdings's Receivables Turnover for the quarter that ended in Sep. 2023 is calculated as

	Receivables Turnover (Q: Sep. 2023 )
=	Revenue	/	Average Total Inventories
=	Revenue (Q: Sep. 2023 )	/ (	(Accounts Receivable (Q: Mar. 2023 )	+	Accounts Receivable (Q: Sep. 2023 ))	/	count )
=	89.592	/ (	(94.688	+	100.282)	/	2 )
=	89.592	/	97.485
=	0.92

Yongmao Holdings (SGX:BKX) 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.

Yongmao Holdings Receivables Turnover Related Terms

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Yongmao Holdings (SGX:BKX) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Farm & Heavy Construction Machinery » Yongmao Holdings Ltd (SGX:BKX) » Definitions » Receivables Turnover

Comparable Companies

Traded in Other Exchanges

N/A

Address

81 Ubi Avenue 4, Number 09-01 UB. One, Singapore, SGP, 408830

Website

http://www.yongmaoholdings.com

Yongmao Holdings Ltd is involved in the design, development, and manufacture of a wide range of tower cranes, components, and accessories. The products are mainly sold to construction equipment distributors and equipment rental companies. Yongmao Holdings offers tower cranes with various lifting capacities that include the Topless STT series, ST series, Luffing STL series, and Derrick Q series. The business of the company is classified under geographical segments the People's Republic of China, Hong Kong, and Macau. The People's Republic of China segment generates maximum revenue for the company.

Yongmao Holdings (SGX:BKX) Headlines

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