Sitra Holdings (International) (SGX:5LE) Receivables Turnover : 18.01 (As of Dec. 2023)

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What is Sitra Holdings (International) 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. Sitra Holdings (International)'s Revenue for the six months ended in Dec. 2023 was S$7.83 Mil. Sitra Holdings (International)'s average Accounts Receivable for the six months ended in Dec. 2023 was S$0.43 Mil. Hence, Sitra Holdings (International)'s Receivables Turnover for the six months ended in Dec. 2023 was 18.01.

Sitra Holdings (International) Receivables Turnover Historical Data

The historical data trend for Sitra Holdings (International)'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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Sitra Holdings (International) Receivables Turnover Chart

Sitra Holdings (International) Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Receivables Turnover

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21.21

13.59

15.35

16.48

24.87

Sitra Holdings (International) 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															9.22	10.22	11.25	13.98	18.01

Competitive Comparison of Sitra Holdings (International)'s Receivables Turnover

For the Furnishings, Fixtures & Appliances subindustry, Sitra Holdings (International)'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.

Sitra Holdings (International)'s Receivables Turnover Distribution in the Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Sitra Holdings (International)'s Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Sitra Holdings (International)'s Receivables Turnover falls into.

Sitra Holdings (International) Receivables Turnover Calculation

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

Sitra Holdings (International)'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 )
=	14.509	/ (	(0.627	+	0.54)	/	2 )
=	14.509	/	0.5835
=	24.87

Sitra Holdings (International)'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 )
=	7.825	/ (	(0.329	+	0.54)	/	2 )
=	7.825	/	0.4345
=	18.01

Sitra Holdings (International) (SGX:5LE) 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.

Sitra Holdings (International) Receivables Turnover Related Terms

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Sitra Holdings (International) (SGX:5LE) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Furnishings, Fixtures & Appliances » Sitra Holdings (International) Ltd (SGX:5LE) » Definitions » Receivables Turnover

Comparable Companies

Traded in Other Exchanges

N/A

Address

15 Hillview Terrace, Singapore, SGP, 669226

Website

http://www.sitraholdings.com

Sitra Holdings (International) Ltd is the distributor of wood-based products and lifestyle outdoor furniture in Singapore. The company is engaged in importing and exporting wood-based, lifestyle furniture, and other related products. The company's products can be categorized into two main groups namely high-value wood-based products such as decks and deckings systems, flooring, a full range of fences, and other DIY products; and premium lifestyle furniture such as outdoor garden furniture, garden accessories and contract furnishings. Its primary geographic areas include Australia, New Zealand, Europe, and Asia. It's all geographic locations are engaged in the sale of wood-based products and outdoor lifestyle furniture and generate revenue from the same.

Sitra Holdings (International) (SGX:5LE) Headlines

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