Anhui Huilong Agricultural Means of Production Co (SZSE:002556) Receivables Turnover : 5.53 (As of Mar. 2024)

View and export this data going back to 2011. Start your Free Trial

What is Anhui Huilong Agricultural Means of Production 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. Anhui Huilong Agricultural Means of Production Co's Revenue for the three months ended in Mar. 2024 was ¥3,797 Mil. Anhui Huilong Agricultural Means of Production Co's average Accounts Receivable for the three months ended in Mar. 2024 was ¥687 Mil. Hence, Anhui Huilong Agricultural Means of Production Co's Receivables Turnover for the three months ended in Mar. 2024 was 5.53.

Anhui Huilong Agricultural Means of Production Co Receivables Turnover Historical Data

The historical data trend for Anhui Huilong Agricultural Means of Production 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.

Anhui Huilong Agricultural Means of Production Co Receivables Turnover Chart

Anhui Huilong Agricultural Means of Production Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Receivables Turnover

Get a 7-Day Free Trial

76.15

61.27

73.15

61.25

45.41

Anhui Huilong Agricultural Means of Production 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															8.24	5.61	4.39	5.85	5.53

Competitive Comparison of Anhui Huilong Agricultural Means of Production Co's Receivables Turnover

For the Agricultural Inputs subindustry, Anhui Huilong Agricultural Means of Production 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.

Anhui Huilong Agricultural Means of Production Co's Receivables Turnover Distribution in the Agriculture Industry

For the Agriculture industry and Basic Materials sector, Anhui Huilong Agricultural Means of Production Co's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Anhui Huilong Agricultural Means of Production Co's Receivables Turnover falls into.

Anhui Huilong Agricultural Means of Production Co Receivables Turnover Calculation

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

Anhui Huilong Agricultural Means of Production 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 )
=	17832.657	/ (	(347.032	+	438.456)	/	2 )
=	17832.657	/	392.744
=	45.41

Anhui Huilong Agricultural Means of Production 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 )
=	3797.142	/ (	(438.456	+	935.333)	/	2 )
=	3797.142	/	686.8945
=	5.53

Anhui Huilong Agricultural Means of Production Co (SZSE:002556) 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.

Anhui Huilong Agricultural Means of Production Co Receivables Turnover Related Terms

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

Anhui Huilong Agricultural Means of Production Co (SZSE:002556) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Agriculture » Anhui Huilong Agricultural Means of Production Co Ltd (SZSE:002556) » Definitions » Receivables Turnover

Comparable Companies

Traded in Other Exchanges

N/A

Address

1777 Tuen Mun Road, Huilong Building, Anhui, Sheshan District, Hefei, CHN

Website

http://www.ahamp.com

Anhui Huilong Agricultural Means of Production Co Ltd is a China-based company engaged in the chain operation of fertilizers and pesticides. It distributes fertilizers, including nitrogen and phosphate fertilizers; pesticides, including herbicides and fungicides, as well as agricultural and sideline products, such as seeds and others. The company operates its businesses in domestic and overseas markets.

Anhui Huilong Agricultural Means of Production Co (SZSE:002556) Headlines

No Headlines