Aidigong Maternal & Child Health (HKSE:00286) Receivables Turnover : 47.79 (As of Dec. 2023)

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What is Aidigong Maternal & Child Health 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. Aidigong Maternal & Child Health's Revenue for the six months ended in Dec. 2023 was HK$247.4 Mil. Aidigong Maternal & Child Health's average Accounts Receivable for the six months ended in Dec. 2023 was HK$5.2 Mil. Hence, Aidigong Maternal & Child Health's Receivables Turnover for the six months ended in Dec. 2023 was 47.79.

Aidigong Maternal & Child Health Receivables Turnover Historical Data

The historical data trend for Aidigong Maternal & Child Health'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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Aidigong Maternal & Child Health Receivables Turnover Chart

Aidigong Maternal & Child Health Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Receivables Turnover

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18.41

26.56

93.87

179.78

133.22

Aidigong Maternal & Child Health 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															92.18	91.43	88.30	65.79	47.79

Competitive Comparison of Aidigong Maternal & Child Health's Receivables Turnover

For the Medical Care Facilities subindustry, Aidigong Maternal & Child Health'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.

Aidigong Maternal & Child Health's Receivables Turnover Distribution in the Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, Aidigong Maternal & Child Health's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Aidigong Maternal & Child Health's Receivables Turnover falls into.

Aidigong Maternal & Child Health Receivables Turnover Calculation

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

Aidigong Maternal & Child Health'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 )
=	554.581	/ (	(4.163	+	0)	/	1 )
=	554.581	/	4.163
=	133.22

Aidigong Maternal & Child Health'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 )
=	247.352	/ (	(5.176	+	0)	/	1 )
=	247.352	/	5.176
=	47.79

Aidigong Maternal & Child Health (HKSE:00286) 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.

Aidigong Maternal & Child Health Receivables Turnover Related Terms

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Aidigong Maternal & Child Health (HKSE:00286) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » Aidigong Maternal & Child Health Ltd (HKSE:00286) » Definitions » Receivables Turnover

Comparable Companies

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GPRHF:USA

Address

1 Sheung Yuet Road, Unit E, 28th Floor, YHC Tower, Kowloon Bay, Kowloon, Hong Kong, HKG

Website

https://www.aidigong.hk

Aidigong Maternal & Child Health Ltd is an investment holding company registered in Bermuda. It is active in health management and healthcare investment management business. The company provides life healthcare service, healthcare investment management business, natural health food business, advantage growth for children business. It is also engaged in investing and financing activities. The company manages its business in two reportable segments namely the health industry and Postpartum Care Services. It earns a majority of the revenue from the Postpartum Care Services. Geographically, it derives revenue from China.

Executives

Suntek Global Growth Fund Spc - Suntek Global Growth Fund Number One Sp	2102 Investment manager
Wang Aier	2305 Beneficiary of a trust
Cheung Wai Kuen	2201 Interest of corporation controlled by you
Champion Dynasty Limited	2101 Beneficial owner
Zhu Yufei	2101 Beneficial owner
Forever Heart Holdings Limited	2201 Interest of corporation controlled by you
Lee Kar Lung	2101 Beneficial owner
Zhuhai Deyou Bohui Enterprise Management Consulting Center (limited Partnership)	2101 Beneficial owner
Zhuhai Gao Ling Deyou Investment Management Co., Ltd.	2201 Interest of corporation controlled by you
Golden Full Holdings Limited	2106 Person having a security interest in shares

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