Jiangsu Ankura Intelligent Power Co (SZSE:300617) Receivables Turnover : 0.32 (As of Mar. 2024)

View and export this data going back to 2017. Start your Free Trial

What is Jiangsu Ankura Intelligent Power 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. Jiangsu Ankura Intelligent Power Co's Revenue for the three months ended in Mar. 2024 was ¥254.0 Mil. Jiangsu Ankura Intelligent Power Co's average Accounts Receivable for the three months ended in Mar. 2024 was ¥802.1 Mil. Hence, Jiangsu Ankura Intelligent Power Co's Receivables Turnover for the three months ended in Mar. 2024 was 0.32.

Jiangsu Ankura Intelligent Power Co Receivables Turnover Historical Data

The historical data trend for Jiangsu Ankura Intelligent Power 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.

Jiangsu Ankura Intelligent Power Co Receivables Turnover Chart

Jiangsu Ankura Intelligent Power Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Receivables Turnover

Get a 7-Day Free Trial

1.54

2.39

2.12

1.43

1.44

Jiangsu Ankura Intelligent Power 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															0.39	0.28	0.21	0.36	0.32

Competitive Comparison of Jiangsu Ankura Intelligent Power Co's Receivables Turnover

For the Electrical Equipment & Parts subindustry, Jiangsu Ankura Intelligent Power 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.

Jiangsu Ankura Intelligent Power Co's Receivables Turnover Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Jiangsu Ankura Intelligent Power Co's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Jiangsu Ankura Intelligent Power Co's Receivables Turnover falls into.

Jiangsu Ankura Intelligent Power Co Receivables Turnover Calculation

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

Jiangsu Ankura Intelligent Power 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 )
=	958.439	/ (	(603.39	+	728.216)	/	2 )
=	958.439	/	665.803
=	1.44

Jiangsu Ankura Intelligent Power 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 )
=	254.028	/ (	(728.216	+	876.014)	/	2 )
=	254.028	/	802.115
=	0.32

Jiangsu Ankura Intelligent Power Co (SZSE:300617) 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.

Jiangsu Ankura Intelligent Power Co Receivables Turnover Related Terms

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

Jiangsu Ankura Intelligent Power Co (SZSE:300617) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Jiangsu Ankura Intelligent Power Co Ltd (SZSE:300617) » Definitions » Receivables Turnover

Traded in Other Exchanges

N/A

Address

No. 100 Tianmuhu Avenue, Tianmu Lake Industrial Park, Jiangsu Province, Liyang, CHN, 213333

Website

http://www.ankura.com.cn

Jiangsu Ankura Smart Transmission Engineering Technology Co Ltd is a China based supplier of ultra-high voltage cable system solutions. It provides customers with connectors, laying materials, monitoring and control of intelligent equipment. In addition, the company also offers customers with the design, construction, and equipment comprehensive professional services including testing, operation and maintenance. The product categories of the company comprise Cable transmission system and GIL transmission system. Cable transmission system includes porcelain sleeve terminal, composite terminal, transformer terminal, and branch connector. GIL transmission system includes gas pipeline bus, GIL casing, and GIL monitoring system.

Executives

Chen Xiao Ming	Director
Wang Jian Ping	Executives
Wang Chun Mei	Executives
Zhao Bing Song	Directors, executives

Jiangsu Ankura Intelligent Power Co (SZSE:300617) Headlines

No Headlines