Sichuan Expressway Co (SHSE:601107) Receivables Turnover : 7.19 (As of Mar. 2024)

View and export this data going back to 2009. Start your Free Trial

What is Sichuan Expressway Co 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. Sichuan Expressway Co's Revenue for the three months ended in Mar. 2024 was ¥2,012 Mil. Sichuan Expressway Co's average Accounts Receivable for the three months ended in Mar. 2024 was ¥280 Mil. Hence, Sichuan Expressway Co's Receivables Turnover for the three months ended in Mar. 2024 was 7.19.

Sichuan Expressway Co Receivables Turnover Historical Data

The historical data trend for Sichuan Expressway Co'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.

Sichuan Expressway Co Receivables Turnover Chart

Sichuan Expressway Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Receivables Turnover

Get a 7-Day Free Trial

19.39

14.23

33.09

52.72

47.35

Sichuan Expressway Co Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Receivables Turnover	Get a 7-Day Free Trial															10.42	14.73	11.94	13.79	7.19

Competitive Comparison of Sichuan Expressway Co's Receivables Turnover

For the Infrastructure Operations subindustry, Sichuan Expressway Co'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.

Sichuan Expressway Co's Receivables Turnover Distribution in the Construction Industry

For the Construction industry and Industrials sector, Sichuan Expressway Co's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Sichuan Expressway Co's Receivables Turnover falls into.

Sichuan Expressway Co Receivables Turnover Calculation

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

Sichuan Expressway Co'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 )
=	11651.864	/ (	(149.37	+	342.758)	/	2 )
=	11651.864	/	246.064
=	47.35

Sichuan Expressway Co's Receivables Turnover for the quarter that ended in Mar. 2024 is calculated as

	Receivables Turnover (Q: Mar. 2024 )
=	Revenue	/	Average Total Inventories
=	Revenue (Q: Mar. 2024 )	/ (	(Accounts Receivable (Q: Dec. 2023 )	+	Accounts Receivable (Q: Mar. 2024 ))	/	count )
=	2012.496	/ (	(342.758	+	217.325)	/	2 )
=	2012.496	/	280.0415
=	7.19

Sichuan Expressway Co (SHSE:601107) 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.

Sichuan Expressway Co Receivables Turnover Related Terms

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

Sichuan Expressway Co (SHSE:601107) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Sichuan Expressway Co Ltd (SHSE:601107) » Definitions » Receivables Turnover

Traded in Other Exchanges

SEXHF:USA 00107:Hong Kong

Address

252 Wuhouci Da Jie, Sichuan Province, Chengdu, CHN, 610041

Website

https://www.cygs.com

Sichuan Expressway Co Ltd is primarily engaged in the investment, construction, operation, and management of road infrastructure projects. The company operates in five segments: Expressways segment, New energy technologies segment, Transportation services segment, Transportation logistics segment, Construction services segment and Others segment. Majority of the revenue is generated from Construction services segment. Construction services segment comprises the provision of construction and upgrade services under the service concession arrangements and construction contracts.

Executives

Zhou Li Ming	Director
Zhang Yong Nian	senior management
Wang Shuan Ming	Director
Gan Yong Yi	Director
Luo Mao Quan	senior management

Sichuan Expressway Co (SHSE:601107) Headlines

No Headlines