GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Wuxi Haidaer Precision Slides Co Ltd (BJSE:836699) » Definitions » Receivables Turnover

Wuxi Haidaer Precision Slides Co (BJSE:836699) Receivables Turnover : 0.68 (As of Sep. 2024)


View and export this data going back to 2023. Start your Free Trial

What is Wuxi Haidaer Precision Slides 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. Wuxi Haidaer Precision Slides Co's Revenue for the three months ended in Sep. 2024 was ¥107.5 Mil. Wuxi Haidaer Precision Slides Co's average Accounts Receivable for the three months ended in Sep. 2024 was ¥157.0 Mil. Hence, Wuxi Haidaer Precision Slides Co's Receivables Turnover for the three months ended in Sep. 2024 was 0.68.


Wuxi Haidaer Precision Slides Co Receivables Turnover Historical Data

The historical data trend for Wuxi Haidaer Precision Slides 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.

* Premium members only.

Wuxi Haidaer Precision Slides Co Receivables Turnover Chart

Wuxi Haidaer Precision Slides 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 3.28 3.11 3.11 3.11 2.87

Wuxi Haidaer Precision Slides Co Quarterly Data
Dec18 Jun19 Dec19 Jun20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 0.76 0.72 0.60 0.63 0.68

Competitive Comparison of Wuxi Haidaer Precision Slides Co's Receivables Turnover

For the Metal Fabrication subindustry, Wuxi Haidaer Precision Slides 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.


Wuxi Haidaer Precision Slides Co's Receivables Turnover Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Wuxi Haidaer Precision Slides Co's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Wuxi Haidaer Precision Slides Co's Receivables Turnover falls into.



Wuxi Haidaer Precision Slides Co Receivables Turnover Calculation

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

Wuxi Haidaer Precision Slides 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 )
=263.735 / ((93.367 + 90.59) / 2 )
=263.735 / 91.9785
=2.87

Wuxi Haidaer Precision Slides Co's Receivables Turnover for the quarter that ended in Sep. 2024 is calculated as

Receivables Turnover (Q: Sep. 2024 )
=Revenue / Average Total Inventories
=Revenue (Q: Sep. 2024 ) / ((Accounts Receivable (Q: Jun. 2024 ) + Accounts Receivable (Q: Sep. 2024 )) / count )
=107.499 / ((151.024 + 162.986) / 2 )
=107.499 / 157.005
=0.68

* 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.


Wuxi Haidaer Precision Slides Co  (BJSE:836699) 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.


Wuxi Haidaer Precision Slides Co Receivables Turnover Related Terms

Thank you for viewing the detailed overview of Wuxi Haidaer Precision Slides Co's Receivables Turnover provided by GuruFocus.com. Please click on the following links to see related term pages.


Wuxi Haidaer Precision Slides Co Business Description

Traded in Other Exchanges
N/A
Address
No. 55, Qianluo Road, Qianqiao Street, Huishan District, Jiangsu Province, Wuxi City, CHN, 214151
Wuxi Haidaer Precision Slides Co Ltd engages in the design, production, and sales of precision slide rails. It engages in the manufacture, processing, and sales of slide rails, sheet metal parts, and metal molds; sales of slide rail accessories; self-operated and agent import and export of various commodities and technologies.

Wuxi Haidaer Precision Slides Co Headlines

No Headlines