Hidili Industry International Development (HKSE:01393) Receivables Turnover : 2.00 (As of Dec. 2023)

View and export this data going back to 2007. Start your Free Trial

What is Hidili Industry International Development 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. Hidili Industry International Development's Revenue for the six months ended in Dec. 2023 was HK$1,114 Mil. Hidili Industry International Development's average Accounts Receivable for the six months ended in Dec. 2023 was HK$558 Mil. Hence, Hidili Industry International Development's Receivables Turnover for the six months ended in Dec. 2023 was 2.00.

Hidili Industry International Development Receivables Turnover Historical Data

The historical data trend for Hidili Industry International Development'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.

* Premium members only.

Hidili Industry International Development Receivables Turnover Chart

Hidili Industry International Development Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Receivables Turnover

Get a 7-Day Free Trial

6.82

9.16

9.95

5.93

3.46

Hidili Industry International Development 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															5.48	3.48	2.21	1.84	2.00

Competitive Comparison of Hidili Industry International Development's Receivables Turnover

For the Thermal Coal subindustry, Hidili Industry International Development'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.

Hidili Industry International Development's Receivables Turnover Distribution in the Other Energy Sources Industry

For the Other Energy Sources industry and Energy sector, Hidili Industry International Development's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Hidili Industry International Development's Receivables Turnover falls into.

Hidili Industry International Development Receivables Turnover Calculation

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

Hidili Industry International Development'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 )
=	2678.677	/ (	(1064.996	+	484.976)	/	2 )
=	2678.677	/	774.986
=	3.46

Hidili Industry International Development'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 )
=	1114.078	/ (	(631.415	+	484.976)	/	2 )
=	1114.078	/	558.1955
=	2.00

Hidili Industry International Development (HKSE:01393) 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.

Hidili Industry International Development Receivables Turnover Related Terms

Thank you for viewing the detailed overview of Hidili Industry International Development's Receivables Turnover provided by GuruFocus.com. Please click on the following links to see related term pages.

Hidili Industry International Development (HKSE:01393) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Other Energy Sources » Hidili Industry International Development Ltd (HKSE:01393) » Definitions » Receivables Turnover

Traded in Other Exchanges

N/A

Address

No. 185 Renmin Road, 16th Floor, Dingli Mansion, Sichuan Province, Panzhihua, CHN, 617000

Website

http://www.hidili.com.cn

Hidili Industry International Development Ltd is an investment holding company engaged in the coal mining, manufacture, and sale of raw coal and clean coal. It derives revenue from the production and sales of Clean coal and its by-products such as Raw coal, High-ash thermal coal, and others. All of the group's turnover is derived from the operation in the PRC.

Executives

Qiao Qian	2202 Interest of your spouse
Sanlian Investment Holding Limited	2101 Beneficial owner
Xian Yang	2101 Beneficial owner
Trident Trust Company (singapore) Pte. Limited	2301 Trustee
Xian Yang No. 1 Ltd	2201 Interest of corporation controlled by you
Xian Yang No. 1a Ltd	2201 Interest of corporation controlled by you
Sanlian No. 1 Ltd	2201 Interest of corporation controlled by you
Ma Wei	2101 Beneficial owner
Fosun Holdings Limited	2201 Interest of corporation controlled by you
Fosun International Holdings Ltd.	2201 Interest of corporation controlled by you
Fosun International Limited	2201 Interest of corporation controlled by you
Guo Guangchang	2201 Interest of corporation controlled by you
Fosun Financial Holdings Limited	2201 Interest of corporation controlled by you
Peak Reinsurance Company Limited	2101 Beneficial owner
Spinel Investment Limited	2201 Interest of corporation controlled by you

Hidili Industry International Development (HKSE:01393) Headlines

No Headlines