Brilliance China Automotive Holdings (Brilliance China Automotive Holdings) Receivables Turnover : 2.01 (As of Dec. 2023)

View and export this data going back to 2010. Start your Free Trial

What is Brilliance China Automotive 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. Brilliance China Automotive Holdings's Revenue for the six months ended in Dec. 2023 was $85.9 Mil. Brilliance China Automotive Holdings's average Accounts Receivable for the six months ended in Dec. 2023 was $42.8 Mil. Hence, Brilliance China Automotive Holdings's Receivables Turnover for the six months ended in Dec. 2023 was 2.01.

Brilliance China Automotive Holdings Receivables Turnover Historical Data

The historical data trend for Brilliance China Automotive 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.

Brilliance China Automotive Holdings Receivables Turnover Chart

Brilliance China Automotive Holdings Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Receivables Turnover

Get a 7-Day Free Trial

5.41

9.12

6.86

3.68

3.57

Brilliance China Automotive Holdings 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															1.89	1.84	1.99	1.82	2.01

Competitive Comparison of Brilliance China Automotive Holdings's Receivables Turnover

For the Auto Manufacturers subindustry, Brilliance China Automotive 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.

Brilliance China Automotive Holdings's Receivables Turnover Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Brilliance China Automotive Holdings's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Brilliance China Automotive Holdings's Receivables Turnover falls into.

Brilliance China Automotive Holdings Receivables Turnover Calculation

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

Brilliance China Automotive 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 )
=	157.062	/ (	(40.086	+	47.845)	/	2 )
=	157.062	/	43.9655
=	3.57

Brilliance China Automotive Holdings'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 )
=	85.936	/ (	(37.819	+	47.845)	/	2 )
=	85.936	/	42.832
=	2.01

Brilliance China Automotive Holdings (OTCPK:BCAUY) 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.

Brilliance China Automotive Holdings Receivables Turnover Related Terms

Thank you for viewing the detailed overview of Brilliance China Automotive Holdings's Receivables Turnover provided by GuruFocus.com. Please click on the following links to see related term pages.

Brilliance China Automotive Holdings (Brilliance China Automotive Holdings) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Brilliance China Automotive Holdings Ltd (OTCPK:BCAUY) » Definitions » Receivables Turnover

Comparable Companies

Traded in Other Exchanges

BCAUF:USA 01114:Hong Kong CBA:Germany CBA:Germany

Address

8 Connaught Road Central, Suites 1602-05, Chater House, Hong Kong, HKG

Website

http://www.brillianceauto.com/main.html

Based in Liaoning, China, Brilliance China Automotive is a provincial state-owned enterprise that manufactures passenger vehicles, minibuses, and automotive components. Almost all of Brilliance's operating profits come from the passenger vehicle joint venture with BMW. Brilliance also operates a minibus business through a 51%-owned joint venture with Renault.

Brilliance China Automotive Holdings (Brilliance China Automotive Holdings) Headlines

From GuruFocus

Third Avenue Fund Buys 6 Stocks in 3rd Quarter

By Holly LaFon Holly LaFon • 10-02-2018

Matthews China Fund Comments on Brilliance China Automotive Holdings

By Holly LaFon Holly LaFon • 01-22-2019

Matthews China Fund Comments on Brilliance China Automotive

By Holly LaFon Holly LaFon • 07-23-2018

Matthews China Fund Picks 3 New China-Based Stocks, Increases 3 Holdings

By Holly LaFon Holly LaFon • 02-02-2017