APAC Realty (SGX:CLN) Receivables Turnover : 2.85 (As of Dec. 2023)

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What is APAC Realty 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. APAC Realty's Revenue for the six months ended in Dec. 2023 was S$297.4 Mil. APAC Realty's average Accounts Receivable for the six months ended in Dec. 2023 was S$104.4 Mil. Hence, APAC Realty's Receivables Turnover for the six months ended in Dec. 2023 was 2.85.

APAC Realty Receivables Turnover Historical Data

The historical data trend for APAC Realty'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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APAC Realty Receivables Turnover Chart

APAC Realty Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Receivables Turnover

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6.75

5.74

7.37

5.18

4.45

APAC Realty Semi-Annual Data
	Dec14	Dec15	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Receivables Turnover	Get a 7-Day Free Trial												2.83	2.72	2.56	1.99	2.85

Competitive Comparison of APAC Realty's Receivables Turnover

For the Real Estate Services subindustry, APAC Realty'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.

APAC Realty's Receivables Turnover Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, APAC Realty's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where APAC Realty's Receivables Turnover falls into.

APAC Realty Receivables Turnover Calculation

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

APAC Realty'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 )
=	556.82	/ (	(151.008	+	99.495)	/	2 )
=	556.82	/	125.2515
=	4.45

APAC Realty'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 )
=	297.416	/ (	(109.226	+	99.495)	/	2 )
=	297.416	/	104.3605
=	2.85

APAC Realty (SGX:CLN) 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.

APAC Realty Receivables Turnover Related Terms

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APAC Realty (SGX:CLN) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » APAC Realty Ltd (SGX:CLN) » Definitions » Receivables Turnover

Comparable Companies

Traded in Other Exchanges

N/A

Address

450 Lorong 6 Toa Payoh, No 03-01 ERA APAC Centre, Singapore, SGP, 319394

Website

https://www.apacrealty.com.sg

APAC Realty Ltd is a real estate services provider in Asia. The company operates three main business segments, namely, real estate brokerage services; franchise arrangements; training, valuation, and other ancillary services. Its real estate brokerage services are operated by its wholly-owned subsidiary ERA Realty Network Pte Ltd under the ERA brand. ERA Realty derives commission-based fees through the provision of property brokerage services for primary sales; secondary sales; and rental of residential, commercial and industrial properties.

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