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Youngy Co (SZSE:002192) Receivables Turnover : 0.37 (As of Mar. 2024)


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What is Youngy 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. Youngy Co's Revenue for the three months ended in Mar. 2024 was ¥82 Mil. Youngy Co's average Accounts Receivable for the three months ended in Mar. 2024 was ¥221 Mil. Hence, Youngy Co's Receivables Turnover for the three months ended in Mar. 2024 was 0.37.


Youngy Co Receivables Turnover Historical Data

The historical data trend for Youngy 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.

Youngy Co Receivables Turnover Chart

Youngy Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.84 2.99 3.88 10.06 4.98

Youngy 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 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 0.71 1.60 0.78 1.56 0.37

Competitive Comparison of Youngy Co's Receivables Turnover

For the Chemicals subindustry, Youngy 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.


Youngy Co's Receivables Turnover Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Youngy Co's Receivables Turnover distribution charts can be found below:

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



Youngy Co Receivables Turnover Calculation

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

Youngy 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 )
=1210.89 / ((259.238 + 227) / 2 )
=1210.89 / 243.119
=4.98

Youngy 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 )
=82.438 / ((227 + 214.433) / 2 )
=82.438 / 220.7165
=0.37

* 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.


Youngy Co  (SZSE:002192) 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.


Youngy Co Receivables Turnover Related Terms

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Youngy Co (SZSE:002192) Business Description

Traded in Other Exchanges
N/A
Address
Guangzhou Zhujiang Road, Main Tower, 45th floor, unit 04-05, 5th Guangzhou International Finance Center, Tianhe District, Guangzhou, CHN, 510635
Youngy Co Ltd is engaged in the production and sale of asphalt products. The company is also involved in the lithium production business. Its main products include Lithium concentrate, Industrial grade lithium carbonate, Battery grade lithium carbonate, Lithium hydroxide monohydrate. Its products used in chemical, metallurgy, petroleum, glass, ceramic industry.
Executives
Lv Xiang Yang Executives, directors
Ke Rong Qing Directors, executives
Zheng Guo Hua Director
Wang Gang Supervisors
Lin Wei Hai Executives
Lou Chun Guo Executives
Huang Hui Ling Supervisors
Huang Pei Rong Supervisors
Yuan Quan Director
Yang Zhen Directors, executives

Youngy Co (SZSE:002192) Headlines

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