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South Shore Holdings (South Shore Holdings) Receivables Turnover : 9.03 (As of Sep. 2020)


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What is South Shore 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. South Shore Holdings's Revenue for the six months ended in Sep. 2020 was $656 Mil. South Shore Holdings's average Accounts Receivable for the six months ended in Sep. 2020 was $73 Mil. Hence, South Shore Holdings's Receivables Turnover for the six months ended in Sep. 2020 was 9.03.


South Shore Holdings Receivables Turnover Historical Data

The historical data trend for South Shore 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.

South Shore Holdings Receivables Turnover Chart

South Shore Holdings Annual Data
Trend Mar11 Mar12 Mar13 Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 9.56 10.25 12.65 18.54 21.58

South Shore Holdings Semi-Annual Data
Mar11 Sep11 Mar12 Sep12 Mar13 Sep13 Mar14 Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20
Receivables Turnover Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 10.84 11.12 8.54 10.13 9.03

Competitive Comparison of South Shore Holdings's Receivables Turnover

For the Engineering & Construction subindustry, South Shore 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.


South Shore Holdings's Receivables Turnover Distribution in the Construction Industry

For the Construction industry and Industrials sector, South Shore Holdings's Receivables Turnover distribution charts can be found below:

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



South Shore Holdings Receivables Turnover Calculation

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

South Shore Holdings's Receivables Turnover for the fiscal year that ended in Mar. 2020 is calculated as

Receivables Turnover (A: Mar. 2020 )
=Revenue / Average Total Inventories
=Revenue (A: Mar. 2020 ) / ((Accounts Receivable (A: Mar. 2019 ) + Accounts Receivable (A: Mar. 2020 )) / count )
=1403.625 / ((68.872 + 61.237) / 2 )
=1403.625 / 65.0545
=21.58

South Shore Holdings's Receivables Turnover for the quarter that ended in Sep. 2020 is calculated as

Receivables Turnover (Q: Sep. 2020 )
=Revenue / Average Total Inventories
=Revenue (Q: Sep. 2020 ) / ((Accounts Receivable (Q: Mar. 2020 ) + Accounts Receivable (Q: Sep. 2020 )) / count )
=655.939 / ((61.237 + 83.964) / 2 )
=655.939 / 72.6005
=9.03

* 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.


South Shore Holdings  (OTCPK:LOUIF) 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.


South Shore Holdings Receivables Turnover Related Terms

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South Shore Holdings (South Shore Holdings) Business Description

Traded in Other Exchanges
N/A
Address
250 Hennessy Road, 33rd Floor, 250 Hennessy, Wanchai, Hong Kong, HKG
South Shore Holdings Ltd is an investment holding company. The company's operating segment include Management contracting; Property development management; Property investment and Hotel operation. It generates maximum revenue from the Management contracting segment. Management contracting segment is engaged in the building construction and civil engineering. Geographically, it derives a majority of revenue from Hong Kong and also has a presence in Macau, PRC and Singapore and Malaysia.

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