GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Zhuhai Bojay Electronics Co Ltd (SZSE:002975) » Definitions » Receivables Turnover

Zhuhai Bojay Electronics Co (SZSE:002975) Receivables Turnover : 0.69 (As of Mar. 2024)


View and export this data going back to 2020. Start your Free Trial

What is Zhuhai Bojay Electronics 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. Zhuhai Bojay Electronics Co's Revenue for the three months ended in Mar. 2024 was ¥275.0 Mil. Zhuhai Bojay Electronics Co's average Accounts Receivable for the three months ended in Mar. 2024 was ¥401.0 Mil. Hence, Zhuhai Bojay Electronics Co's Receivables Turnover for the three months ended in Mar. 2024 was 0.69.


Zhuhai Bojay Electronics Co Receivables Turnover Historical Data

The historical data trend for Zhuhai Bojay Electronics 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.

Zhuhai Bojay Electronics Co Receivables Turnover Chart

Zhuhai Bojay Electronics Co Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only 3.44 4.62 3.21 2.67 2.10

Zhuhai Bojay Electronics 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 0.41 0.57 0.50 0.64 0.69

Competitive Comparison of Zhuhai Bojay Electronics Co's Receivables Turnover

For the Specialty Industrial Machinery subindustry, Zhuhai Bojay Electronics 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.


Zhuhai Bojay Electronics Co's Receivables Turnover Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Zhuhai Bojay Electronics Co's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Zhuhai Bojay Electronics Co's Receivables Turnover falls into.



Zhuhai Bojay Electronics Co Receivables Turnover Calculation

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

Zhuhai Bojay Electronics 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 )
=905.357 / ((521.11 + 341.346) / 2 )
=905.357 / 431.228
=2.10

Zhuhai Bojay Electronics 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 )
=275.035 / ((341.346 + 460.697) / 2 )
=275.035 / 401.0215
=0.69

* 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.


Zhuhai Bojay Electronics Co  (SZSE:002975) 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.


Zhuhai Bojay Electronics Co Receivables Turnover Related Terms

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


Zhuhai Bojay Electronics Co (SZSE:002975) Business Description

Traded in Other Exchanges
N/A
Address
No. 10, Futian Road, Xiangzhou District, Zhuhai, CHN
Zhuhai Bojay Electronics Co Ltd is engaged in research & development, production, sales and related technical services of industrial automation equipment and accessories, providing automated testing and automatic assembly solutions. Its products are used in factional testing and product assembly of electronic products in consuming electronics, automotive electronics, medical electronics and industrial electronics, helping customers realize semi-automation and full automation of production lines, improving production efficiency and product quality performance. The company's products include Automation Solution, RF Test Solution, Acoustic Test Solution, Electrical Test Solution, Optical Test Solution, and Vision test Solution.
Executives
Ceng Xian Zhi Directors, executives

Zhuhai Bojay Electronics Co (SZSE:002975) Headlines

No Headlines