Shenzhen International Holdings (HKSE:00152) Receivables Turnover : 7.57 (As of Dec. 2023)

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What is Shenzhen International 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. Shenzhen International Holdings's Revenue for the six months ended in Dec. 2023 was HK$13,605 Mil. Shenzhen International Holdings's average Accounts Receivable for the six months ended in Dec. 2023 was HK$1,798 Mil. Hence, Shenzhen International Holdings's Receivables Turnover for the six months ended in Dec. 2023 was 7.57.

Shenzhen International Holdings Receivables Turnover Historical Data

The historical data trend for Shenzhen International 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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Shenzhen International Holdings Receivables Turnover Chart

Shenzhen International Holdings Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Receivables Turnover

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13.11

4.38

4.01

7.69

10.62

Shenzhen International Holdings 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															5.88	4.16	4.15	3.42	7.57

Competitive Comparison of Shenzhen International Holdings's Receivables Turnover

For the Infrastructure Operations subindustry, Shenzhen International 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.

Shenzhen International Holdings's Receivables Turnover Distribution in the Construction Industry

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

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

Shenzhen International Holdings Receivables Turnover Calculation

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

Shenzhen International Holdings'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 )
=	20523.798	/ (	(2157.12	+	1708.205)	/	2 )
=	20523.798	/	1932.6625
=	10.62

Shenzhen International 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 )
=	13605.319	/ (	(1888.03	+	1708.205)	/	2 )
=	13605.319	/	1798.1175
=	7.57

Shenzhen International Holdings (HKSE:00152) 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.

Shenzhen International Holdings Receivables Turnover Related Terms

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Shenzhen International Holdings (HKSE:00152) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Shenzhen International Holdings Ltd (HKSE:00152) » Definitions » Receivables Turnover

Traded in Other Exchanges

SXYA:Germany

Address

No.1 Science Museum Road, Rooms 2206-2208, 22nd Floor, Greenfield Tower, Concordia Plaza, Tsimshatsui East, Kowloon, Hong Kong, HKG

Website

https://www.szihl.com

Shenzhen International Holdings Ltd is a Chinese investment company which constructs and operates logistic infrastructure facilities. The company operates through two main segments: Toll roads and general-environmental protection business and Logistics business. Toll roads, which contributes the vast majority of revenue, develops, operates, and manages tolls roads. The logistics business constructs, operates, and manages logistics centers and integrated logistics hubs; provides third party logistic services, logistic information services, and financial services to customers; and offers port and related services. The controlling shareholder, Shenzhen Investment Holdings Company Limited, is wholly-owned by the Chinese government.

Shenzhen International Holdings (HKSE:00152) Headlines

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