GURUFOCUS.COM » STOCK LIST » Basic Materials » Agriculture » Origin Agritech Ltd (STU:39O1) » Definitions » Receivables Turnover

Origin Agritech (STU:39O1) Receivables Turnover : 16.68 (As of Sep. 2023)


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

What is Origin Agritech 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. Origin Agritech's Revenue for the six months ended in Sep. 2023 was €3.49 Mil. Origin Agritech's average Accounts Receivable for the six months ended in Sep. 2023 was €0.21 Mil. Hence, Origin Agritech's Receivables Turnover for the six months ended in Sep. 2023 was 16.68.


Origin Agritech Receivables Turnover Historical Data

The historical data trend for Origin Agritech'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.

Origin Agritech Receivables Turnover Chart

Origin Agritech Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 62.43 22.69 28.97 123.01 121.62

Origin Agritech Semi-Annual Data
Mar14 Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23
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 25.58 34.56 4.07 44.79 16.68

Competitive Comparison of Origin Agritech's Receivables Turnover

For the Agricultural Inputs subindustry, Origin Agritech'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.


Origin Agritech's Receivables Turnover Distribution in the Agriculture Industry

For the Agriculture industry and Basic Materials sector, Origin Agritech's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Origin Agritech's Receivables Turnover falls into.



Origin Agritech Receivables Turnover Calculation

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

Origin Agritech's Receivables Turnover for the fiscal year that ended in Sep. 2023 is calculated as

Receivables Turnover (A: Sep. 2023 )
=Revenue / Average Total Inventories
=Revenue (A: Sep. 2023 ) / ((Accounts Receivable (A: Sep. 2022 ) + Accounts Receivable (A: Sep. 2023 )) / count )
=11.98 / ((0.089 + 0.108) / 2 )
=11.98 / 0.0985
=121.62

Origin Agritech's Receivables Turnover for the quarter that ended in Sep. 2023 is calculated as

Receivables Turnover (Q: Sep. 2023 )
=Revenue / Average Total Inventories
=Revenue (Q: Sep. 2023 ) / ((Accounts Receivable (Q: Mar. 2023 ) + Accounts Receivable (Q: Sep. 2023 )) / count )
=3.494 / ((0.311 + 0.108) / 2 )
=3.494 / 0.2095
=16.68

* 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.


Origin Agritech  (STU:39O1) 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.


Origin Agritech Receivables Turnover Related Terms

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


Origin Agritech (STU:39O1) Business Description

Traded in Other Exchanges
Address
No. 21 Sheng Ming Yuan Road, Changping District, Beijing, CHN, 102206
Origin Agritech Ltd is a Chinese agricultural technology company. In crop seed biotechnologies, the company's phytase corn was the first transgenic corn to receive the Bio-Safety Certificate from China's Ministry of Agriculture. Origin has established a robust biotechnology seed pipeline including products with glyphosate tolerance and pest resistance (Bt) traits.

Origin Agritech (STU:39O1) Headlines

No Headlines