China South City Holdings (HKSE:01668) Receivables Turnover : 2.96 (As of Sep. 2023)

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What is China South City 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. China South City Holdings's Revenue for the six months ended in Sep. 2023 was HK$2,516 Mil. China South City Holdings's average Accounts Receivable for the six months ended in Sep. 2023 was HK$851 Mil. Hence, China South City Holdings's Receivables Turnover for the six months ended in Sep. 2023 was 2.96.

China South City Holdings Receivables Turnover Historical Data

The historical data trend for China South City 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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China South City Holdings Receivables Turnover Chart

China South City Holdings Annual Data

Trend

Mar13

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Receivables Turnover

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7.76

9.13

12.16

16.32

6.06

China South City 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															3.01	1.23	1.44	0.89	2.96

Competitive Comparison of China South City Holdings's Receivables Turnover

For the Real Estate - Development subindustry, China South City 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.

China South City Holdings's Receivables Turnover Distribution in the Real Estate Industry

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

* The bar in red indicates where China South City Holdings's Receivables Turnover falls into.

China South City Holdings Receivables Turnover Calculation

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

China South City Holdings's Receivables Turnover for the fiscal year that ended in Mar. 2022 is calculated as

	Receivables Turnover (A: Mar. 2022 )
=	Revenue	/	Average Total Inventories
=	Revenue (A: Mar. 2022 )	/ (	(Accounts Receivable (A: Mar. 2021 )	+	Accounts Receivable (A: Mar. 2022 ))	/	count )
=	9615.923	/ (	(824.705	+	2351.409)	/	2 )
=	9615.923	/	1588.057
=	6.06

China South City 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 )
=	2516.175	/ (	(977.068	+	724.832)	/	2 )
=	2516.175	/	850.95
=	2.96

China South City Holdings (HKSE:01668) 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.

China South City Holdings Receivables Turnover Related Terms

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China South City Holdings (HKSE:01668) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » China South City Holdings Ltd (HKSE:01668) » Definitions » Receivables Turnover

Traded in Other Exchanges

CS4:Germany

Address

The Gateway, 15 Canton Road, Suite 3306-08, 33rd Floor, Tower 5, Tsim Sha Tsui, Kowloon, Hong Kong, HKG

Website

http://www.chinasouthcity.com

China South City Holdings Ltd develops and operates large-scale integrated logistics and trade centers in China. It operates in three segments that include property development, property investment and management, and others. The majority of the revenue is generated from the property development segments that include the development of integrated logistics and trade centers and residential and commercial ancillary facilities. The majority of its operations are conducted in the People's Republic of China.

China South City Holdings (HKSE:01668) Headlines

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