Hosen Group (SGX:5EV) Receivables Turnover : 2.98 (As of Dec. 2023)

View and export this data going back to 2004. Start your Free Trial

What is Hosen 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. Hosen Group's Revenue for the six months ended in Dec. 2023 was S$33.53 Mil. Hosen Group's average Accounts Receivable for the six months ended in Dec. 2023 was S$11.27 Mil. Hence, Hosen Group's Receivables Turnover for the six months ended in Dec. 2023 was 2.98.

Hosen Group Receivables Turnover Historical Data

The historical data trend for Hosen 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.

* Premium members only.

Hosen Group Receivables Turnover Chart

Hosen Group Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Receivables Turnover

Get a 7-Day Free Trial

5.48

7.07

6.69

5.43

4.65

Hosen Group 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															2.88	3.20	2.72	2.60	2.98

Competitive Comparison of Hosen Group's Receivables Turnover

For the Food Distribution subindustry, Hosen 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.

Hosen Group's Receivables Turnover Distribution in the Retail - Defensive Industry

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

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

Hosen Group Receivables Turnover Calculation

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

Hosen 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 )
=	67.297	/ (	(16.164	+	12.763)	/	2 )
=	67.297	/	14.4635
=	4.65

Hosen 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: Jun. 2023 )	+	Accounts Receivable (Q: Dec. 2023 ))	/	count )
=	33.532	/ (	(9.777	+	12.763)	/	2 )
=	33.532	/	11.27
=	2.98

Hosen Group (SGX:5EV) 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.

Hosen Group Receivables Turnover Related Terms

Thank you for viewing the detailed overview of Hosen Group's Receivables Turnover provided by GuruFocus.com. Please click on the following links to see related term pages.

Hosen Group (SGX:5EV) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Retail - Defensive » Hosen Group Ltd (SGX:5EV) » Definitions » Receivables Turnover

Comparable Companies

Traded in Other Exchanges

N/A

Address

267 Pandan Loop, Singapore, SGP, 128439

Website

https://www.hosengroup.com

Hosen Group Ltd engages in the import, export, and distribution of fast moving consumer goods, specializing in packaged foods. It operates through the following segment: House brands segment which engages in the development, trading, and distribution of canned seafood, canned fruits and vegetables and canned meat products; Non-house brands segment which engages in the distribution, wholesaling and retailing of canned food and household consumable goods. The company generates maximum revenue from House brands segment.

Hosen Group (SGX:5EV) Headlines

No Headlines