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Fujikon Industrial Holdings (HKSE:00927) Receivables Turnover : 2.22 (As of Sep. 2023)


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What is Fujikon Industrial 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. Fujikon Industrial Holdings's Revenue for the six months ended in Sep. 2023 was HK$493 Mil. Fujikon Industrial Holdings's average Accounts Receivable for the six months ended in Sep. 2023 was HK$222 Mil. Hence, Fujikon Industrial Holdings's Receivables Turnover for the six months ended in Sep. 2023 was 2.22.


Fujikon Industrial Holdings Receivables Turnover Historical Data

The historical data trend for Fujikon Industrial 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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Fujikon Industrial Holdings Receivables Turnover Chart

Fujikon Industrial Holdings Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5.80 5.86 5.98 5.44 4.98

Fujikon Industrial Holdings Semi-Annual Data
Mar14 Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23
Receivables Turnover Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 2.53 2.39 2.80 2.58 2.22

Competitive Comparison of Fujikon Industrial Holdings's Receivables Turnover

For the Consumer Electronics subindustry, Fujikon Industrial 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.


Fujikon Industrial Holdings's Receivables Turnover Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Fujikon Industrial Holdings's Receivables Turnover distribution charts can be found below:

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



Fujikon Industrial Holdings Receivables Turnover Calculation

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

Fujikon Industrial Holdings's Receivables Turnover for the fiscal year that ended in Mar. 2023 is calculated as

Receivables Turnover (A: Mar. 2023 )
=Revenue / Average Total Inventories
=Revenue (A: Mar. 2023 ) / ((Accounts Receivable (A: Mar. 2022 ) + Accounts Receivable (A: Mar. 2023 )) / count )
=1084.736 / ((193.361 + 242.406) / 2 )
=1084.736 / 217.8835
=4.98

Fujikon Industrial Holdings's Receivables Turnover for the quarter that ended in Sep. 2023 is calculated as

Receivables Turnover (Q: Sep. 2023 )
=Revenue / Average Total Inventories
=Revenue (Q: Sep. 2023 ) / ((Accounts Receivable (Q: Mar. 2023 ) + Accounts Receivable (Q: Sep. 2023 )) / count )
=492.564 / ((242.406 + 201.516) / 2 )
=492.564 / 221.961
=2.22

* 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.


Fujikon Industrial Holdings  (HKSE:00927) 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.


Fujikon Industrial Holdings Receivables Turnover Related Terms

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Fujikon Industrial Holdings (HKSE:00927) Business Description

Traded in Other Exchanges
Address
138 Shatin Rural Committee Road, 16th Floor, Tower 1, New Territories, Grand Central Plaza, Shatin, Hong Kong, HKG
Fujikon Industrial Holdings Ltd is engaged in the design, manufacture, marketing and trading of electro-acoustic products, accessories and other electronic products. The company operates through two segments which include Headsets and headphones and Accessories and components. The Headsets and headphones segment is involved in the manufacture and sales of headsets and headphone products. The accessories and Components segment includes the manufacture and sales of electric-acoustic accessories and components.
Executives
Cai Liting 2202 Interest of your spouse
Chow Man Yan 2101 Beneficial owner
Yeung Siu Chung 2201 Interest of corporation controlled by you
Zong Xiaocui 2202 Interest of your spouse
Leung Woon Yee 2202 Interest of your spouse
Yuen Yee Sai 2101 Beneficial owner
Webb David Michael 2201 Interest of corporation controlled by you
Yan Yau Tai Ellen 2202 Interest of your spouse
Yeung Chi Hung 2101 Beneficial owner

Fujikon Industrial Holdings (HKSE:00927) Headlines

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