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CAQ Holdings (ASX:CAQ) Receivables Turnover : 6.80 (As of Jun. 2024)


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What is CAQ Holdings 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. CAQ Holdings's Revenue for the six months ended in Jun. 2024 was A$0.90 Mil. CAQ Holdings's average Accounts Receivable for the six months ended in Jun. 2024 was A$0.13 Mil. Hence, CAQ Holdings's Receivables Turnover for the six months ended in Jun. 2024 was 6.80.


CAQ Holdings Receivables Turnover Historical Data

The historical data trend for CAQ Holdings'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.

CAQ Holdings Receivables Turnover Chart

CAQ Holdings Annual Data
Trend Jun14 Jun15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.66 20.98 322.63 5.83 3.77

CAQ Holdings Semi-Annual Data
Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
Receivables Turnover Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 7.70 2.55 1.45 5.50 6.80

Competitive Comparison of CAQ Holdings's Receivables Turnover

For the Real Estate - Development subindustry, CAQ Holdings'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.


CAQ Holdings's Receivables Turnover Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, CAQ Holdings's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where CAQ Holdings's Receivables Turnover falls into.



CAQ Holdings Receivables Turnover Calculation

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

CAQ Holdings'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 )
=2.621 / ((1.271 + 0.118) / 2 )
=2.621 / 0.6945
=3.77

CAQ Holdings's Receivables Turnover for the quarter that ended in Jun. 2024 is calculated as

Receivables Turnover (Q: Jun. 2024 )
=Revenue / Average Total Inventories
=Revenue (Q: Jun. 2024 ) / ((Accounts Receivable (Q: Dec. 2023 ) + Accounts Receivable (Q: Jun. 2024 )) / count )
=0.897 / ((0.118 + 0.146) / 2 )
=0.897 / 0.132
=6.80

* 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.


CAQ Holdings  (ASX:CAQ) 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.


CAQ Holdings Receivables Turnover Related Terms

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CAQ Holdings Business Description

Traded in Other Exchanges
N/A
Address
c/o. Beijing Properties (Holdings) Ltd, 18 Harbour Road, 66th Floor, Central Plaza, Wanchai, Hong Kong, HKG
CAQ Holdings Ltd is engaged in jewelry trading and property development. The company generates most of its revenue from rental income. Geographically, the firm generates most of its revenue from Mainland China.

CAQ Holdings Headlines

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