Sunshine 100 China Holdings (HKSE:02608) Receivables Turnover : 2.26 (As of Dec. 2023)

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What is Sunshine 100 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. Sunshine 100 China Holdings's Revenue for the six months ended in Dec. 2023 was HK$1,056 Mil. Sunshine 100 China Holdings's average Accounts Receivable for the six months ended in Dec. 2023 was HK$467 Mil. Hence, Sunshine 100 China Holdings's Receivables Turnover for the six months ended in Dec. 2023 was 2.26.

Sunshine 100 China Holdings Receivables Turnover Historical Data

The historical data trend for Sunshine 100 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.

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Sunshine 100 China Holdings Receivables Turnover Chart

Sunshine 100 China Holdings Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Receivables Turnover

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1.89

6.58

7.74

4.44

4.82

Sunshine 100 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															3.44	0.30	0.28	2.45	2.26

Competitive Comparison of Sunshine 100 China Holdings's Receivables Turnover

For the Real Estate - Development subindustry, Sunshine 100 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.

Sunshine 100 China Holdings's Receivables Turnover Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Sunshine 100 China Holdings's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Sunshine 100 China Holdings's Receivables Turnover falls into.

Sunshine 100 China Holdings Receivables Turnover Calculation

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

Sunshine 100 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 )
=	2299.055	/ (	(518.57	+	435.51)	/	2 )
=	2299.055	/	477.04
=	4.82

Sunshine 100 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 )
=	1055.563	/ (	(498.332	+	435.51)	/	2 )
=	1055.563	/	466.921
=	2.26

Sunshine 100 China Holdings (HKSE:02608) 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.

Sunshine 100 China Holdings Receivables Turnover Related Terms

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Sunshine 100 China Holdings (HKSE:02608) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Sunshine 100 China Holdings Ltd (HKSE:02608) » Definitions » Receivables Turnover

Traded in Other Exchanges

N/A

Address

No. 2 Guang Hua Road, 12th Floor, Tower D, Beijing, CHN, 100026

Website

http://www.ss100.com.cn

Sunshine 100 China Holdings Ltd engages in property and land development, property investment, and property management & hotel operation in China. The group generates revenue through property sales, property management and hotel operation income, and rental income. The property and land development business earns sales from residential and commercial properties and constructs projects in multiple Chinese cities. A majority of the company's revenue is derived from the mixed-use business complexes segment. Nearly all the company's revenue comes from its customers in the People's Republic of China.

Executives

Fantasy Races Limited	2201 Interest of corporation controlled by you
Tian Feng	2401 A concert party to an agreement to buy shares
Li Mingqiang	2401 A concert party to an agreement to buy shares
Jin Xiangfei	2401 A concert party to an agreement to buy shares
Liu Chaohui	2401 A concert party to an agreement to buy shares
Yi Xiaodi	2307 Founder of a discretionary trust who can infl
Fan Xiaohua	2307 Founder of a discretionary trust who can infl
Fan Xiaochong	2307 Founder of a discretionary trust who can infl
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Qian Tiwei	2201 Interest of corporation controlled by you

Sunshine 100 China Holdings (HKSE:02608) Headlines

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