Shanghai Huace Navigation Technology (SZSE:300627) Receivables Turnover : 0.71 (As of Mar. 2024)

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

What is Shanghai Huace Navigation Technology 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. Shanghai Huace Navigation Technology's Revenue for the three months ended in Mar. 2024 was ¥617 Mil. Shanghai Huace Navigation Technology's average Accounts Receivable for the three months ended in Mar. 2024 was ¥866 Mil. Hence, Shanghai Huace Navigation Technology's Receivables Turnover for the three months ended in Mar. 2024 was 0.71.

Shanghai Huace Navigation Technology Receivables Turnover Historical Data

The historical data trend for Shanghai Huace Navigation Technology'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.

Shanghai Huace Navigation Technology Receivables Turnover Chart

Shanghai Huace Navigation Technology Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Receivables Turnover

Get a 7-Day Free Trial

2.79

2.96

3.87

3.66

3.49

Shanghai Huace Navigation Technology 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															0.67	0.84	0.65	0.94	0.71

Competitive Comparison of Shanghai Huace Navigation Technology's Receivables Turnover

For the Scientific & Technical Instruments subindustry, Shanghai Huace Navigation Technology'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.

Shanghai Huace Navigation Technology's Receivables Turnover Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Shanghai Huace Navigation Technology's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Shanghai Huace Navigation Technology's Receivables Turnover falls into.

Shanghai Huace Navigation Technology Receivables Turnover Calculation

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

Shanghai Huace Navigation Technology'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 )
=	2678.341	/ (	(740.652	+	795.515)	/	2 )
=	2678.341	/	768.0835
=	3.49

Shanghai Huace Navigation Technology'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 )
=	616.911	/ (	(795.515	+	937.215)	/	2 )
=	616.911	/	866.365
=	0.71

Shanghai Huace Navigation Technology (SZSE:300627) 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.

Shanghai Huace Navigation Technology Receivables Turnover Related Terms

Thank you for viewing the detailed overview of Shanghai Huace Navigation Technology's Receivables Turnover provided by GuruFocus.com. Please click on the following links to see related term pages.

Shanghai Huace Navigation Technology (SZSE:300627) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Shanghai Huace Navigation Technology Ltd (SZSE:300627) » Definitions » Receivables Turnover

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 599, Gaojing Road, 3rd Floor, Building D, Qingpu District, Shanghai, CHN, 201702

Website

http://www.chcnav.com

Shanghai Huace Navigation Technology Ltd manufactures satellite navigation and positioning systems and equipment, geographic information and disaster monitoring system and equipment. It provides positioning solutions for surveying, construction, GIS and marine applications in various countries. The company offers products for GIS data collection, GNSS infrastructure, unmanned aircraft systems, marine construction, optical surveying, GNSS survey and engineering, and precision agriculture.

Executives

Zhao Yan Ping	Director
Pu Dong Guo	Directors, executives
Wang Xiang Zhong	Directors, executives
Gao Zhan Wu	Executives
Wang Jie Jun	Directors, executives
Wang Li	Supervisors

Shanghai Huace Navigation Technology (SZSE:300627) Headlines

No Headlines