Sunac China Holdings (HKSE:01918) Receivables Turnover : 20.17 (As of Dec. 2023)

View and export this data going back to 2010. Start your Free Trial

What is Sunac China 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. Sunac China Holdings's Revenue for the six months ended in Dec. 2023 was HK$104,738 Mil. Sunac China Holdings's average Accounts Receivable for the six months ended in Dec. 2023 was HK$5,194 Mil. Hence, Sunac China Holdings's Receivables Turnover for the six months ended in Dec. 2023 was 20.17.

Sunac China Holdings Receivables Turnover Historical Data

The historical data trend for Sunac China 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.

* Premium members only.

Sunac China Holdings Receivables Turnover Chart

Sunac China Holdings Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Receivables Turnover

Get a 7-Day Free Trial

109.63

105.13

68.10

26.08

37.36

Sunac China 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															33.16	12.39	10.97	12.45	20.17

Competitive Comparison of Sunac China Holdings's Receivables Turnover

For the Real Estate - Development subindustry, Sunac China 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.

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

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

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

Sunac China Holdings Receivables Turnover Calculation

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

Sunac China 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 )
=	168694.493	/ (	(4458.811	+	4571.578)	/	2 )
=	168694.493	/	4515.1945
=	37.36

Sunac China 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 )
=	104738.234	/ (	(5815.877	+	4571.578)	/	2 )
=	104738.234	/	5193.7275
=	20.17

Sunac China Holdings (HKSE:01918) 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.

Sunac China Holdings Receivables Turnover Related Terms

Thank you for viewing the detailed overview of Sunac China Holdings's Receivables Turnover provided by GuruFocus.com. Please click on the following links to see related term pages.

Sunac China Holdings (HKSE:01918) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Sunac China Holdings Ltd (HKSE:01918) » Definitions » Receivables Turnover

Traded in Other Exchanges

SCNR:Germany

Address

No.278, Hongqi Road, Building 1, East Side in Hopsca Center International, Nankai District, Tianjin, CHN, 300381

Website

https://www.sunac.com.cn

Property developer Sunac China commenced operations in 2003 and listed on the Hong Kong exchange in 2010. Based in Tianjin, Sunac is geographically well diversified across China like many large-scale listed PRC developers, and into major cities including Shanghai, Beijing, Guangzhou, Shenzhen and Hainan. Sunac is founded by Sun Hongbin, major shareholder and chairman of the company that previously established Sunco Group and adopted a high leverage strategy, which Sunac also then embraced. On top of aggressive asset expansion in recent years, the significant acquisition of a stake in non-related business Leshi Internet, as well as the landmark portfolio acquisition of Dalian Wanda theme park assets on the back of a highly leveraged balance sheet, have also garnered much market attention.

Executives

Ubs Group Ag	2201 Interest of corporation controlled by you
Am Asia Strategies Master Fund Lp	2101 Beneficial owner
Sun Hongbin	2307 Founder of a discretionary trust who can infl
Sunac International Investment Holdings Ltd	2101 Beneficial owner
Gai Gong Si Wei Sun Hong Bin Xian Sheng Jia Zu Xin Tuo De Shou Tuo Ren	2201 Interest of corporation controlled by you

Sunac China Holdings (HKSE:01918) Headlines

No Headlines