Build King Holdings (HKSE:00240) Receivables Turnover : 12.75 (As of Dec. 2023)

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What is Build King 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. Build King Holdings's Revenue for the six months ended in Dec. 2023 was HK$6,534 Mil. Build King Holdings's average Accounts Receivable for the six months ended in Dec. 2023 was HK$513 Mil. Hence, Build King Holdings's Receivables Turnover for the six months ended in Dec. 2023 was 12.75.

Build King Holdings Receivables Turnover Historical Data

The historical data trend for Build King 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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Build King Holdings Receivables Turnover Chart

Build King Holdings Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Receivables Turnover

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30.54

31.27

31.94

32.46

25.26

Build King 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															17.65	15.68	17.58	14.82	12.75

Competitive Comparison of Build King Holdings's Receivables Turnover

For the Engineering & Construction subindustry, Build King 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.

Build King Holdings's Receivables Turnover Distribution in the Construction Industry

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

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

Build King Holdings Receivables Turnover Calculation

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

Build King 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 )
=	12507.05	/ (	(385.677	+	604.478)	/	2 )
=	12507.05	/	495.0775
=	25.26

Build King 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 )
=	6533.516	/ (	(420.666	+	604.478)	/	2 )
=	6533.516	/	512.572
=	12.75

Build King Holdings (HKSE:00240) 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.

Build King Holdings Receivables Turnover Related Terms

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Build King Holdings (HKSE:00240) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Build King Holdings Ltd (HKSE:00240) » Definitions » Receivables Turnover

Comparable Companies

Traded in Other Exchanges

N/A

Address

223 Wai Yip Street, Units 601-605A, 6th Floor, Tower B, Manulife Financial Centre, Kwun Tong, Kowloon, Hong Kong, HKG

Website

https://www.buildking.hk

Build King Holdings Ltd is an investment holding company. Through its subsidiaries, the firm is engaged in the construction activities. It offers construction service in three primary areas, namely civil engineering, buildings and environmental. In addition, it also undertakes projects in the other areas such as marine works, railway and associated works, tunnels, structural steel works, and foundations. The organization's services cover full project life-cycle including, design, construction, testing and commissioning, maintenance, facility management, and operation. The operating segment of the company is Construction Work. Geographically, the group has business operations in Hong Kong, and PRC. It derives maximum revenue from the operations in Hong Kong.

Executives

Zen Wei Peu	2101 Beneficial owner
Top Horizon Holdings Limited	2101 Beneficial owner
Wai Kee Holdings Limited	2201 Interest of corporation controlled by you

Build King Holdings (HKSE:00240) Headlines

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