Anhui Bossco Environmental Protection Technology Co (SZSE:300422) Receivables Turnover : 0.45 (As of Mar. 2024)

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What is Anhui Bossco Environmental Protection Technology 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 Bossco Environmental Protection Technology Co's Revenue for the three months ended in Mar. 2024 was ¥626 Mil. Anhui Bossco Environmental Protection Technology Co's average Accounts Receivable for the three months ended in Mar. 2024 was ¥1,396 Mil. Hence, Anhui Bossco Environmental Protection Technology Co's Receivables Turnover for the three months ended in Mar. 2024 was 0.45.

Anhui Bossco Environmental Protection Technology Co Receivables Turnover Historical Data

The historical data trend for Anhui Bossco Environmental Protection Technology 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.

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Anhui Bossco Environmental Protection Technology Co Receivables Turnover Chart

Anhui Bossco Environmental Protection Technology Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Receivables Turnover

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2.23

2.66

1.75

1.30

1.19

Anhui Bossco Environmental Protection Technology 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															0.23	0.32	0.25	0.37	0.45

Competitive Comparison of Anhui Bossco Environmental Protection Technology Co's Receivables Turnover

For the Waste Management subindustry, Anhui Bossco Environmental Protection Technology 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 Bossco Environmental Protection Technology Co's Receivables Turnover Distribution in the Waste Management Industry

For the Waste Management industry and Industrials sector, Anhui Bossco Environmental Protection Technology Co's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Anhui Bossco Environmental Protection Technology Co's Receivables Turnover falls into.

Anhui Bossco Environmental Protection Technology Co Receivables Turnover Calculation

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

Anhui Bossco Environmental Protection Technology 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 )
=	2003.383	/ (	(1862.236	+	1502.023)	/	2 )
=	2003.383	/	1682.1295
=	1.19

Anhui Bossco Environmental Protection Technology 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 )
=	625.794	/ (	(1502.023	+	1290.344)	/	2 )
=	625.794	/	1396.1835
=	0.45

Anhui Bossco Environmental Protection Technology Co (SZSE:300422) 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 Bossco Environmental Protection Technology Co Receivables Turnover Related Terms

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Anhui Bossco Environmental Protection Technology Co (SZSE:300422) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Waste Management » Anhui Bossco Environmental Protection Technology Co Ltd (SZSE:300422) » Definitions » Receivables Turnover

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 12 Kexing Road, Gaoxin Zone, Nanning, Guangxi, CHN, 530007

Website

http://www.bossco.cc

Anhui Bossco Environmental Protection Technology Co Ltd formerly Guangxi Bossco Environmental Protection Technology Co Ltd is a comprehensive environmental service provider having multiple subsidiaries and service offices across China. Its services include water treatment, ecological rehabilitation, clean production, solid waste treatment, gas treatment, new sources of energy and green products, implementing by manners of engineering, developing, manufacturing, building, operating and investing for the whole business.

Executives

Song Hai Nong	Executives
Yang Qi Feng	Director
Chen Guo Ning	Directors, executives
Li Cheng Qi	Directors, executives
Huang Hai Shi	Executives
Chen Wen Nan	Supervisors
Lu Li Hai	Executives
Cheng Zi Xia	Securities Affairs Representative
Nong Bin	Executives
Zhou Yong Xin	Executives
Zhan Lei	Executives
Zhao Xuan	Directors, executives
He Ning	Executives

Anhui Bossco Environmental Protection Technology Co (SZSE:300422) Headlines

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