Beijing Urban Construction Design & Development Group Co (HKSE:01599) Receivables Turnover : 1.11 (As of Dec. 2023)

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What is Beijing Urban Construction Design & Development Group Co 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. Beijing Urban Construction Design & Development Group Co's Revenue for the six months ended in Dec. 2023 was HK$6,392 Mil. Beijing Urban Construction Design & Development Group Co's average Accounts Receivable for the six months ended in Dec. 2023 was HK$5,758 Mil. Hence, Beijing Urban Construction Design & Development Group Co's Receivables Turnover for the six months ended in Dec. 2023 was 1.11.

Beijing Urban Construction Design & Development Group Co Receivables Turnover Historical Data

The historical data trend for Beijing Urban Construction Design & Development Group Co'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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Beijing Urban Construction Design & Development Group Co Receivables Turnover Chart

Beijing Urban Construction Design & Development Group Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Receivables Turnover

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1.88

1.90

2.32

2.33

2.03

Beijing Urban Construction Design & Development Group Co 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															1.22	1.00	1.18	0.94	1.11

Competitive Comparison of Beijing Urban Construction Design & Development Group Co's Receivables Turnover

For the Engineering & Construction subindustry, Beijing Urban Construction Design & Development Group Co'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.

Beijing Urban Construction Design & Development Group Co's Receivables Turnover Distribution in the Construction Industry

For the Construction industry and Industrials sector, Beijing Urban Construction Design & Development Group Co's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Beijing Urban Construction Design & Development Group Co's Receivables Turnover falls into.

Beijing Urban Construction Design & Development Group Co Receivables Turnover Calculation

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

Beijing Urban Construction Design & Development Group Co'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 )
=	11333.408	/ (	(5093.306	+	6095.723)	/	2 )
=	11333.408	/	5594.5145
=	2.03

Beijing Urban Construction Design & Development Group Co'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 )
=	6391.512	/ (	(5420.818	+	6095.723)	/	2 )
=	6391.512	/	5758.2705
=	1.11

Beijing Urban Construction Design & Development Group Co (HKSE:01599) 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.

Beijing Urban Construction Design & Development Group Co Receivables Turnover Related Terms

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Beijing Urban Construction Design & Development Group Co (HKSE:01599) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Beijing Urban Construction Design & Development Group Co Ltd (HKSE:01599) » Definitions » Receivables Turnover

Comparable Companies

Traded in Other Exchanges

BDG:Germany

Address

No. 248 Queen’s Road East, 40th Floor, Dah Sing Financial Centre, Wanchai, Hong Kong, HKG

Website

https://www.bjucd.com

Beijing Urban Construction Design & Development Group Co Ltd is a state-owned professional survey and design institute founded specifically for the survey and design of Beijing Subway Line. The company is engaged in design, survey and consultancy services for urban rail transit and urban rail transit related industrial and civil construction and municipal engineering projects; and construction contracting services for urban rail transit and the service concession arrangements under the build-operate-transfer arrangements. It operates in two business segments, including the Design, Survey and Consultancy segment as well as the Construction Contracting segment.

Executives

Amundi Asset Management	2102 Investment manager
Amundi Ireland Ltd	2102 Investment manager
Jing Tou Xiang Gang You Xian Gong Si	2101 Beneficial owner
Bei Jing Shi Ji Chu She Shi Tou Zi You Xian Gong Si	2101 Beneficial owner

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