Sinarmas Land (SGX:A26) Receivables Turnover : 29.35 (As of Dec. 2023)

View and export this data going back to 1997. Start your Free Trial

What is Sinarmas Land 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. Sinarmas Land's Revenue for the six months ended in Dec. 2023 was S$749 Mil. Sinarmas Land's average Accounts Receivable for the six months ended in Dec. 2023 was S$26 Mil. Hence, Sinarmas Land's Receivables Turnover for the six months ended in Dec. 2023 was 29.35.

Sinarmas Land Receivables Turnover Historical Data

The historical data trend for Sinarmas Land'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.

Sinarmas Land Receivables Turnover Chart

Sinarmas Land Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Receivables Turnover

Get a 7-Day Free Trial

16.33

13.31

50.28

52.01

45.43

Sinarmas Land 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															36.12	19.25	21.76	21.62	29.35

Competitive Comparison of Sinarmas Land's Receivables Turnover

For the Real Estate - Development subindustry, Sinarmas Land'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.

Sinarmas Land's Receivables Turnover Distribution in the Real Estate Industry

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

* The bar in red indicates where Sinarmas Land's Receivables Turnover falls into.

Sinarmas Land Receivables Turnover Calculation

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

Sinarmas Land'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 )
=	1341.315	/ (	(31.414	+	27.631)	/	2 )
=	1341.315	/	29.5225
=	45.43

Sinarmas Land'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 )
=	748.851	/ (	(23.396	+	27.631)	/	2 )
=	748.851	/	25.5135
=	29.35

Sinarmas Land (SGX:A26) 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.

Sinarmas Land Receivables Turnover Related Terms

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

Sinarmas Land (SGX:A26) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Sinarmas Land Ltd (SGX:A26) » Definitions » Receivables Turnover

Comparable Companies

Traded in Other Exchanges

N/A

Address

108 Pasir Panjang Road, No. 06-00 Golden Agri Plaza, Singapore, SGP, 118535

Website

https://www.sinarmasland.com

Sinarmas Land Ltd develops, leases, and manages properties in Indonesia, China, Malaysia, and Singapore. The company operates in four segments: Indonesia property, international property, United Kingdom property, and other. The Indonesia property segment contributes the majority of the company's revenue, owning around 10,000 hectares of land with projects in city development, residential, commercial, retail, industrial estates, and hospitality properties, as well as property-related services. International property engages in and derives revenue from the investment, development, and management of commercial and residential properties in Malaysia, China, and Singapore. Other operations include the investment holding and corporate office.

Sinarmas Land (SGX:A26) Headlines

No Headlines