China Mining International (SGX:BHD) Receivables Turnover : 1.99 (As of Jun. 2023)

View and export this data going back to 2006. Start your Free Trial

What is China Mining International 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 Mining International's Revenue for the six months ended in Jun. 2023 was S$1.29 Mil. China Mining International's average Accounts Receivable for the six months ended in Jun. 2023 was S$0.65 Mil. Hence, China Mining International's Receivables Turnover for the six months ended in Jun. 2023 was 1.99.

China Mining International Receivables Turnover Historical Data

The historical data trend for China Mining International'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.

China Mining International Receivables Turnover Chart

China Mining International Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Receivables Turnover

Get a 7-Day Free Trial

2.16

12.91

China Mining International Semi-Annual Data
	Dec13	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23
Receivables Turnover	Get a 7-Day Free Trial															-	2.16	7.66	11.25	1.99

Competitive Comparison of China Mining International's Receivables Turnover

For the Real Estate - Development subindustry, China Mining International'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 Mining International's Receivables Turnover Distribution in the Real Estate Industry

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

* The bar in red indicates where China Mining International's Receivables Turnover falls into.

China Mining International Receivables Turnover Calculation

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

China Mining International's Receivables Turnover for the fiscal year that ended in Dec. 2022 is calculated as

	Receivables Turnover (A: Dec. 2022 )
=	Revenue	/	Average Total Inventories
=	Revenue (A: Dec. 2022 )	/ (	(Accounts Receivable (A: Dec. 2021 )	+	Accounts Receivable (A: Dec. 2022 ))	/	count )
=	11.707	/ (	(0.812	+	1.001)	/	2 )
=	11.707	/	0.9065
=	12.91

China Mining International's Receivables Turnover for the quarter that ended in Jun. 2023 is calculated as

	Receivables Turnover (Q: Jun. 2023 )
=	Revenue	/	Average Total Inventories
=	Revenue (Q: Jun. 2023 )	/ (	(Accounts Receivable (Q: Dec. 2022 )	+	Accounts Receivable (Q: Jun. 2023 ))	/	count )
=	1.289	/ (	(1.001	+	0.292)	/	2 )
=	1.289	/	0.6465
=	1.99

China Mining International (SGX:BHD) 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 Mining International Receivables Turnover Related Terms

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

China Mining International (SGX:BHD) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » China Mining International Ltd (SGX:BHD) » Definitions » Receivables Turnover

Comparable Companies

Traded in Other Exchanges

N/A

Address

Intersection of Zhong Wang Road and Zheng Guang North Street, Zhong Chuang Building 6th Floor, Unit 605, China Henan Province, Jin Shui District, Zheng Zhou, CHN, 450000

Website

http://www.chinamining-international.com

China Mining International Ltd through its subsidiaries is engaged development of commercial and residential properties for sale. It also invests in the mining business. The company's segments include Commercial and residential property development, Mining, and Investment. The Commercial and residential property development segment is engaged in the development of commercial and residential properties for sale. It derives most of its revenue from the Commercial and residential property development segment.

China Mining International (SGX:BHD) Headlines

No Headlines