Guangdong Dtech Technology Co (SZSE:301377) Receivables Turnover : 0.63 (As of Mar. 2024)

View and export this data going back to 2022. Start your Free Trial

What is Guangdong Dtech 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. Guangdong Dtech Technology Co's Revenue for the three months ended in Mar. 2024 was ¥333 Mil. Guangdong Dtech Technology Co's average Accounts Receivable for the three months ended in Mar. 2024 was ¥526 Mil. Hence, Guangdong Dtech Technology Co's Receivables Turnover for the three months ended in Mar. 2024 was 0.63.

Guangdong Dtech Technology Co Receivables Turnover Historical Data

The historical data trend for Guangdong Dtech 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.

* Premium members only.

Guangdong Dtech Technology Co Receivables Turnover Chart

Guangdong Dtech Technology Co Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Receivables Turnover

Get a 7-Day Free Trial

2.51

2.80

2.86

2.63

2.67

Guangdong Dtech Technology Co Quarterly Data
	Dec18	Dec19	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Receivables Turnover	Get a 7-Day Free Trial											0.63	0.70	0.73	0.77	0.63

Competitive Comparison of Guangdong Dtech Technology Co's Receivables Turnover

For the Electronic Components subindustry, Guangdong Dtech 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.

Guangdong Dtech Technology Co's Receivables Turnover Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Guangdong Dtech Technology Co's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Guangdong Dtech Technology Co's Receivables Turnover falls into.

Guangdong Dtech Technology Co Receivables Turnover Calculation

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

Guangdong Dtech 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 )
=	1320.225	/ (	(447.986	+	540.785)	/	2 )
=	1320.225	/	494.3855
=	2.67

Guangdong Dtech 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 )
=	332.756	/ (	(540.785	+	512.027)	/	2 )
=	332.756	/	526.406
=	0.63

Guangdong Dtech Technology Co (SZSE:301377) 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.

Guangdong Dtech Technology Co Receivables Turnover Related Terms

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

Guangdong Dtech Technology Co (SZSE:301377) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Guangdong Dtech Technology Co Ltd (SZSE:301377) » Definitions » Receivables Turnover

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 12, Chiling Industrial First Ring Road, Room 102, Building 2, Houjie Town, Guangdong Province, Dongguan, CHN, 523940

Website

http://www.dtechs.cn

Guangdong Dtech Technology Co Ltd provides integrated solutions of tools, materials and equipment for enterprises in the fields of printed circuit board and CNC precision parts.

Guangdong Dtech Technology Co (SZSE:301377) Headlines

No Headlines