HPC Holdings (HKSE:01742) Receivables Turnover : 2.34 (As of Oct. 2023)

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What is HPC 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. HPC Holdings's Revenue for the six months ended in Oct. 2023 was HK$695 Mil. HPC Holdings's average Accounts Receivable for the six months ended in Oct. 2023 was HK$297 Mil. Hence, HPC Holdings's Receivables Turnover for the six months ended in Oct. 2023 was 2.34.

HPC Holdings Receivables Turnover Historical Data

The historical data trend for HPC 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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HPC Holdings Receivables Turnover Chart

HPC Holdings Annual Data

Trend

Oct15

Oct16

Oct17

Oct18

Oct19

Oct20

Oct21

Oct22

Oct23

Receivables Turnover

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2.73

2.92

4.34

4.36

6.88

HPC Holdings Semi-Annual Data
	Oct15	Oct16	Apr17	Oct17	Apr18	Oct18	Apr19	Oct19	Apr20	Oct20	Apr21	Oct21	Apr22	Oct22	Apr23	Oct23
Receivables Turnover	Get a 7-Day Free Trial											1.44	1.78	2.94	3.23	2.34

Competitive Comparison of HPC Holdings's Receivables Turnover

For the Engineering & Construction subindustry, HPC 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.

HPC Holdings's Receivables Turnover Distribution in the Construction Industry

For the Construction industry and Industrials sector, HPC Holdings's Receivables Turnover distribution charts can be found below:

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

HPC Holdings Receivables Turnover Calculation

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

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

	Receivables Turnover (A: Oct. 2023 )
=	Revenue	/	Average Total Inventories
=	Revenue (A: Oct. 2023 )	/ (	(Accounts Receivable (A: Oct. 2022 )	+	Accounts Receivable (A: Oct. 2023 ))	/	count )
=	1653.381	/ (	(249.189	+	231.657)	/	2 )
=	1653.381	/	240.423
=	6.88

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

	Receivables Turnover (Q: Oct. 2023 )
=	Revenue	/	Average Total Inventories
=	Revenue (Q: Oct. 2023 )	/ (	(Accounts Receivable (Q: Apr. 2023 )	+	Accounts Receivable (Q: Oct. 2023 ))	/	count )
=	694.599	/ (	(362.533	+	231.657)	/	2 )
=	694.599	/	297.095
=	2.34

HPC Holdings (HKSE:01742) 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.

HPC Holdings Receivables Turnover Related Terms

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HPC Holdings (HKSE:01742) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » HPC Holdings Ltd (HKSE:01742) » Definitions » Receivables Turnover

Comparable Companies

Traded in Other Exchanges

N/A

Address

7 Kung Chong Road, HPC Building, Level 6, Singapore, SGP, 159144

Website

http://www.hpc.sg

HPC Holdings Ltd is a Singapore-based investment holding company. The Company operates through two segments: General building construction and Civil engineering. The General building construction segment relates to the design and building projects of warehouses and other industrial or commercial buildings. The Civil engineering segment relates to the construction of public infrastructures, such as train stations, tunnels, railways and expressways. Its contractor works are related to designing and building projects for commercial and industrial buildings, such as logistics and warehouse facilities, offices, workshops and carparks and nursing homes. The Company provides construction works as both a main contractor and subcontractor to both the public and private sectors in Singapore.

Executives

Tower Point Global Limited	2101 Beneficial owner
Wang Yingde	2201 Interest of corporation controlled by you
Creative Value Investments Limited	2101 Beneficial owner
Shi Jianhua	2201 Interest of corporation controlled by you

HPC Holdings (HKSE:01742) Headlines

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