Power Glory Battery Tech Shenzhen Co (BJSE:835237) Receivables Turnover : 0.94 (As of Mar. 2025)

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What is Power Glory Battery Tech Shenzhen 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. Power Glory Battery Tech Shenzhen Co's Revenue for the three months ended in Mar. 2025 was ¥83.2 Mil. Power Glory Battery Tech Shenzhen Co's average Accounts Receivable for the three months ended in Mar. 2025 was ¥88.6 Mil. Hence, Power Glory Battery Tech Shenzhen Co's Receivables Turnover for the three months ended in Mar. 2025 was 0.94.

Power Glory Battery Tech Shenzhen Co Receivables Turnover Historical Data

The historical data trend for Power Glory Battery Tech Shenzhen 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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Power Glory Battery Tech Shenzhen Co Receivables Turnover Chart

Power Glory Battery Tech Shenzhen Co Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Receivables Turnover

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3.26

3.84

4.04

4.42

4.19

Power Glory Battery Tech Shenzhen Co Quarterly Data
	Dec19	Jun20	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															0.90	1.08	0.93	1.01	0.94

Competitive Comparison of Power Glory Battery Tech Shenzhen Co's Receivables Turnover

For the Electrical Equipment & Parts subindustry, Power Glory Battery Tech Shenzhen 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.

Power Glory Battery Tech Shenzhen Co's Receivables Turnover Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Power Glory Battery Tech Shenzhen Co's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Power Glory Battery Tech Shenzhen Co's Receivables Turnover falls into.

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Power Glory Battery Tech Shenzhen Co Receivables Turnover Calculation

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

Power Glory Battery Tech Shenzhen 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 )
=	381.622	/ (	(90.335	+	91.995)	/	2 )
=	381.622	/	91.165
=	4.19

Power Glory Battery Tech Shenzhen 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 )
=	83.215	/ (	(91.995	+	85.248)	/	2 )
=	83.215	/	88.6215
=	0.94

Power Glory Battery Tech Shenzhen Co (BJSE:835237) 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.

Power Glory Battery Tech Shenzhen Co Receivables Turnover Related Terms

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Power Glory Battery Tech Shenzhen Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Power Glory Battery Tech Shenzhen Co Ltd (BJSE:835237) » Definitions » Receivables Turnover

Traded in Other Exchanges

N/A

Address

No. 19 Xianfeng Road, Xiaoting District, Hubei Province, Yichang City, CHN, 443007

Website

https://www.szlijia.com

Power Glory Battery Tech Shenzhen Co Ltd engages in research, development, production, and sales of lithium miniature primary batteries. Its product comprises Lithium-Manganese Button Cell (CR series), Lithium-Manganese Button Cell (CR/PH series), Lithium Manganese Button Cell (CR/HT series), Poly-Carbon Monofluoride Lithium Battery (BR series), Hybrid Lithium-Ion Capacitor Battery (LSC series), Lithium-Manganese Cylindrical Battery, Lithium-Manganese Pouch Battery, Rechargeable Lithium-Manganese Button Cells (ML series), Lithium-Manganese Button Cells (CR-D Low-Temperature series), and Lithium-Manganese Button Cells (CR-T Wide-Temperature series).

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