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Pingdingshan Oriental Carbon Co (BJSE:832175) Receivables Turnover : 1.66 (As of Mar. 2024)


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What is Pingdingshan Oriental Carbon 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. Pingdingshan Oriental Carbon Co's Revenue for the three months ended in Mar. 2024 was ¥102.5 Mil. Pingdingshan Oriental Carbon Co's average Accounts Receivable for the three months ended in Mar. 2024 was ¥61.7 Mil. Hence, Pingdingshan Oriental Carbon Co's Receivables Turnover for the three months ended in Mar. 2024 was 1.66.


Pingdingshan Oriental Carbon Co Receivables Turnover Historical Data

The historical data trend for Pingdingshan Oriental Carbon 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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Pingdingshan Oriental Carbon Co Receivables Turnover Chart

Pingdingshan Oriental Carbon Co Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 16.75 20.16 13.96 22.27 47.87

Pingdingshan Oriental Carbon Co Quarterly Data
Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Jun20 Dec20 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 5.75 3.65 2.04 2.24 1.66

Competitive Comparison of Pingdingshan Oriental Carbon Co's Receivables Turnover

For the Specialty Chemicals subindustry, Pingdingshan Oriental Carbon 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.


Pingdingshan Oriental Carbon Co's Receivables Turnover Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Pingdingshan Oriental Carbon Co's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Pingdingshan Oriental Carbon Co's Receivables Turnover falls into.



Pingdingshan Oriental Carbon Co Receivables Turnover Calculation

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

Pingdingshan Oriental Carbon Co's Receivables Turnover for the fiscal year that ended in Dec. 2022 is calculated as

Receivables Turnover (A: Dec. 2022 )
=Revenue / Average Total Inventories
=Revenue (A: Dec. 2022 ) / ((Accounts Receivable (A: Dec. 2021 ) + Accounts Receivable (A: Dec. 2022 )) / count )
=356.382 / ((8.736 + 6.154) / 2 )
=356.382 / 7.445
=47.87

Pingdingshan Oriental Carbon 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 )
=102.475 / ((51.929 + 71.436) / 2 )
=102.475 / 61.6825
=1.66

* 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.


Pingdingshan Oriental Carbon Co  (BJSE:832175) 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.


Pingdingshan Oriental Carbon Co Receivables Turnover Related Terms

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Pingdingshan Oriental Carbon Co (BJSE:832175) Business Description

Traded in Other Exchanges
N/A
Address
No.19,Xinglong Road,, Shilong District, Pingdingshan, CHN, 467045
Pingdingshan Oriental Carbon Co Ltd is engaged in the manufacturing of molded/isostatic/extruded graphite products. It offers a range of products including Isostatic Graphite, Vibration molded Graphite and Molded Graphite.

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