Hysan Development Co (Hysan Development Co) Receivables Turnover : 4.39 (As of Dec. 2023)

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What is Hysan Development 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. Hysan Development Co's Revenue for the six months ended in Dec. 2023 was $204.7 Mil. Hysan Development Co's average Accounts Receivable for the six months ended in Dec. 2023 was $46.6 Mil. Hence, Hysan Development Co's Receivables Turnover for the six months ended in Dec. 2023 was 4.39.

Hysan Development Co Receivables Turnover Historical Data

The historical data trend for Hysan Development 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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Hysan Development Co Receivables Turnover Chart

Hysan Development Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Receivables Turnover

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15.44

9.53

5.32

4.78

7.40

Hysan Development Co Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Receivables Turnover	Get a 7-Day Free Trial															2.63	3.32	4.56	3.25	4.39

Competitive Comparison of Hysan Development Co's Receivables Turnover

For the Real Estate Services subindustry, Hysan Development 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.

Hysan Development Co's Receivables Turnover Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Hysan Development Co's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Hysan Development Co's Receivables Turnover falls into.

Hysan Development Co Receivables Turnover Calculation

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

Hysan Development 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 )
=	411.022	/ (	(72.186	+	38.925)	/	2 )
=	411.022	/	55.5555
=	7.40

Hysan Development Co's Receivables Turnover for the quarter that ended in Dec. 2023 is calculated as

	Receivables Turnover (Q: Dec. 2023 )
=	Revenue	/	Average Total Inventories
=	Revenue (Q: Dec. 2023 )	/ (	(Accounts Receivable (Q: Jun. 2023 )	+	Accounts Receivable (Q: Dec. 2023 ))	/	count )
=	204.743	/ (	(54.258	+	38.925)	/	2 )
=	204.743	/	46.5915
=	4.39

Hysan Development Co (OTCPK:HYSNY) 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.

Hysan Development Co Receivables Turnover Related Terms

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Hysan Development Co (Hysan Development Co) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Hysan Development Co Ltd (OTCPK:HYSNY) » Definitions » Receivables Turnover

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Traded in Other Exchanges

00014:Hong Kong HYN:Germany

Address

33 Hysan Avenue, 50th Floor, Lee Garden One, Causeway Bay, Hong Kong, HKG

Website

https://www.hysan.com.hk

Hysan Development Co Ltd is engaged in the real estate market. The business activities of the group function through Retail, Office, Residential, and Property development segments. The Retail segment is engaged in leasing of space and related facilities to a variety of retail and leisure operators; the Office segment is involved in the leasing of high-quality office space and related facilities; Residential segment offers leasing of luxury residential properties and related facilities; whereas the property development segment is involved in the development and sale of properties.

Hysan Development Co (Hysan Development Co) Headlines

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