Tonghuijiashi (Beijing) Information Technology Co (BJSE:430090) Receivables Turnover : 0.32 (As of Mar. 2025)

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What is Tonghuijiashi (Beijing) Information 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. Tonghuijiashi (Beijing) Information Technology Co's Revenue for the three months ended in Mar. 2025 was ¥20.14 Mil. Tonghuijiashi (Beijing) Information Technology Co's average Accounts Receivable for the three months ended in Mar. 2025 was ¥62.94 Mil. Hence, Tonghuijiashi (Beijing) Information Technology Co's Receivables Turnover for the three months ended in Mar. 2025 was 0.32.

Tonghuijiashi (Beijing) Information Technology Co Receivables Turnover Historical Data

The historical data trend for Tonghuijiashi (Beijing) Information 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.

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Tonghuijiashi (Beijing) Information Technology Co Receivables Turnover Chart

Tonghuijiashi (Beijing) Information Technology Co Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Receivables Turnover

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3.00

3.19

2.36

2.18

3.27

Tonghuijiashi (Beijing) Information Technology Co Quarterly Data
	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24	Mar25
Receivables Turnover	Get a 7-Day Free Trial															1.13	0.13	0.11	0.42	0.32

Competitive Comparison of Tonghuijiashi (Beijing) Information Technology Co's Receivables Turnover

For the Computer Hardware subindustry, Tonghuijiashi (Beijing) Information 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.

Tonghuijiashi (Beijing) Information Technology Co's Receivables Turnover Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Tonghuijiashi (Beijing) Information Technology Co's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Tonghuijiashi (Beijing) Information Technology Co's Receivables Turnover falls into.

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Tonghuijiashi (Beijing) Information Technology Co Receivables Turnover Calculation

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

Tonghuijiashi (Beijing) Information Technology Co's Receivables Turnover for the fiscal year that ended in Dec. 2024 is calculated as

	Receivables Turnover (A: Dec. 2024 )
=	Revenue	/	Average Total Inventories
=	Revenue (A: Dec. 2024 )	/ (	(Accounts Receivable (A: Dec. 2023 )	+	Accounts Receivable (A: Dec. 2024 ))	/	count )
=	207.252	/ (	(65.764	+	61.044)	/	2 )
=	207.252	/	63.404
=	3.27

Tonghuijiashi (Beijing) Information Technology Co's Receivables Turnover for the quarter that ended in Mar. 2025 is calculated as

	Receivables Turnover (Q: Mar. 2025 )
=	Revenue	/	Average Total Inventories
=	Revenue (Q: Mar. 2025 )	/ (	(Accounts Receivable (Q: Dec. 2024 )	+	Accounts Receivable (Q: Mar. 2025 ))	/	count )
=	20.139	/ (	(61.044	+	64.838)	/	2 )
=	20.139	/	62.941
=	0.32

Tonghuijiashi (Beijing) Information Technology Co (BJSE:430090) 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.

Tonghuijiashi (Beijing) Information Technology Co Receivables Turnover Related Terms

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Tonghuijiashi (Beijing) Information Technology Co Business Description

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GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Tonghuijiashi (Beijing) Information Technology Co Ltd (BJSE:430090) » Definitions » Receivables Turnover

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Traded in Other Exchanges

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Address

No. 57 Yard, Qinghe Maofang Road, Room 101 and 2nd Floor, North Building, Haidian District, Beijing, CHN, 100085

Website

http://www.bjb.com.cn

Tonghuijiashi (Beijing) Information Technology Co Ltd operates as a one-stop integrated display application service provider. It offers commercial display solutions, provides customers with supporting equipment, completes related development, and applications, and sells commercial displays. Its core business comprises hardware, software, contents, integration, solution design, and after-sales services.

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