OTS Holdings (SGX:OTS) Receivables Turnover : 2.93 (As of Dec. 2023)

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What is OTS 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. OTS Holdings's Revenue for the six months ended in Dec. 2023 was S$15.74 Mil. OTS Holdings's average Accounts Receivable for the six months ended in Dec. 2023 was S$5.37 Mil. Hence, OTS Holdings's Receivables Turnover for the six months ended in Dec. 2023 was 2.93.

OTS Holdings Receivables Turnover Historical Data

The historical data trend for OTS 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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OTS Holdings Receivables Turnover Chart

OTS Holdings Annual Data

Trend

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Receivables Turnover

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7.02

6.98

6.52

6.14

6.30

OTS Holdings Semi-Annual Data
	Jun18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Receivables Turnover	Get a 7-Day Free Trial						2.96	2.60	2.77	2.22	2.93

Competitive Comparison of OTS Holdings's Receivables Turnover

For the Packaged Foods subindustry, OTS 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.

OTS Holdings's Receivables Turnover Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, OTS Holdings's Receivables Turnover distribution charts can be found below:

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

OTS Holdings Receivables Turnover Calculation

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

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

	Receivables Turnover (A: Jun. 2023 )
=	Revenue	/	Average Total Inventories
=	Revenue (A: Jun. 2023 )	/ (	(Accounts Receivable (A: Jun. 2022 )	+	Accounts Receivable (A: Jun. 2023 ))	/	count )
=	30.664	/ (	(5.133	+	4.595)	/	2 )
=	30.664	/	4.864
=	6.30

OTS Holdings'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 )
=	15.736	/ (	(4.595	+	6.154)	/	2 )
=	15.736	/	5.3745
=	2.93

OTS Holdings (SGX:OTS) 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.

OTS Holdings Receivables Turnover Related Terms

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OTS Holdings (SGX:OTS) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » OTS Holdings Ltd (SGX:OTS) » Definitions » Receivables Turnover

Comparable Companies

Traded in Other Exchanges

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Address

30 Senoko South Road, Singapore, SGP, 758088

Website

https://www.ots-holdings.com

OTS Holdings Ltd is a brand builder and food manufacturing group in the consumer industry. It provides ready-to-eat and ready-to-cook meat products through its brands such as Anew, Golden Bridge, Kelly's, Golden Lion and others, with key markets in Singapore and Malaysia. The company has four operating segments that are Modern Trade, General Trade and Food Services and Others.

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