Kaisa Group Holdings (HKSE:01638) Receivables Turnover : 0.48 (As of Dec. 2023)

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What is Kaisa Group 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. Kaisa Group Holdings's Revenue for the six months ended in Dec. 2023 was HK$13,775 Mil. Kaisa Group Holdings's average Accounts Receivable for the six months ended in Dec. 2023 was HK$28,553 Mil. Hence, Kaisa Group Holdings's Receivables Turnover for the six months ended in Dec. 2023 was 0.48.

Kaisa Group Holdings Receivables Turnover Historical Data

The historical data trend for Kaisa Group 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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Kaisa Group Holdings Receivables Turnover Chart

Kaisa Group Holdings Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Receivables Turnover

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41.70

2.25

1.45

11.60

13.68

Kaisa Group 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															0.23	0.46	0.39	0.52	0.48

Competitive Comparison of Kaisa Group Holdings's Receivables Turnover

For the Real Estate - Development subindustry, Kaisa Group 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.

Kaisa Group Holdings's Receivables Turnover Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Kaisa Group Holdings's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Kaisa Group Holdings's Receivables Turnover falls into.

Kaisa Group Holdings Receivables Turnover Calculation

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

Kaisa Group 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 )
=	28611.907	/ (	(2161.205	+	2022.444)	/	2 )
=	28611.907	/	2091.8245
=	13.68

Kaisa Group 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 )
=	13775.236	/ (	(55083.575	+	2022.444)	/	2 )
=	13775.236	/	28553.0095
=	0.48

Kaisa Group Holdings (HKSE:01638) 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.

Kaisa Group Holdings Receivables Turnover Related Terms

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Kaisa Group Holdings (HKSE:01638) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Kaisa Group Holdings Ltd (HKSE:01638) » Definitions » Receivables Turnover

Traded in Other Exchanges

KG5:Germany

Address

Ren Min South Road, Room 3306, Kerry Center, Luohu District, Shenzhen, Guangdong, CHN

Website

https://www.kaisagroup.com

Kaisa Group Holdings Ltd is an integrated property developer focusing on urban property development. Its portfolios include residential properties, villas, offices, serviced apartments, combined commercial buildings, and mega-urban complexes. It operates its business in eight segments: Property development; Property investment; Property management; Hotel and catering operations; Cinema, department store, and cultural center operations; Water-way passenger and cargo transportation; Health care operations, and others. The majority of the revenue was earned from the Property development segment.

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