Guangdong Guangzi International Engineering Inv Consultants Co (BJSE:836892) Receivables Turnover : 1.23 (As of Mar. 2024)

View and export this data going back to 2021. Start your Free Trial

What is Guangdong Guangzi International Engineering Inv Consultants 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. Guangdong Guangzi International Engineering Inv Consultants Co's Revenue for the three months ended in Mar. 2024 was ¥82.7 Mil. Guangdong Guangzi International Engineering Inv Consultants Co's average Accounts Receivable for the three months ended in Mar. 2024 was ¥67.5 Mil. Hence, Guangdong Guangzi International Engineering Inv Consultants Co's Receivables Turnover for the three months ended in Mar. 2024 was 1.23.

Guangdong Guangzi International Engineering Inv Consultants Co Receivables Turnover Historical Data

The historical data trend for Guangdong Guangzi International Engineering Inv Consultants 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.

Guangdong Guangzi International Engineering Inv Consultants Co Receivables Turnover Chart

Guangdong Guangzi International Engineering Inv Consultants Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Receivables Turnover

Get a 7-Day Free Trial

8.07

8.87

7.91

7.03

7.31

Guangdong Guangzi International Engineering Inv Consultants Co Quarterly Data
	Jun18	Dec18	Jun19	Dec19	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Receivables Turnover	Get a 7-Day Free Trial															0.99	1.89	1.33	2.55	1.23

Competitive Comparison of Guangdong Guangzi International Engineering Inv Consultants Co's Receivables Turnover

For the Engineering & Construction subindustry, Guangdong Guangzi International Engineering Inv Consultants 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.

Guangdong Guangzi International Engineering Inv Consultants Co's Receivables Turnover Distribution in the Construction Industry

For the Construction industry and Industrials sector, Guangdong Guangzi International Engineering Inv Consultants Co's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Guangdong Guangzi International Engineering Inv Consultants Co's Receivables Turnover falls into.

Guangdong Guangzi International Engineering Inv Consultants Co Receivables Turnover Calculation

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

Guangdong Guangzi International Engineering Inv Consultants Co'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 )
=	544.075	/ (	(78.558	+	70.293)	/	2 )
=	544.075	/	74.4255
=	7.31

Guangdong Guangzi International Engineering Inv Consultants 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 )
=	82.695	/ (	(70.293	+	64.645)	/	2 )
=	82.695	/	67.469
=	1.23

Guangdong Guangzi International Engineering Inv Consultants Co (BJSE:836892) 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.

Guangdong Guangzi International Engineering Inv Consultants Co Receivables Turnover Related Terms

Thank you for viewing the detailed overview of Guangdong Guangzi International Engineering Inv Consultants Co's Receivables Turnover provided by GuruFocus.com. Please click on the following links to see related term pages.

Guangdong Guangzi International Engineering Inv Consultants Co (BJSE:836892) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Guangdong Guangzi International Engineering Inv Consultants Co Ltd (BJSE:836892) » Definitions » Receivables Turnover

Traded in Other Exchanges

N/A

Address

No. 316, Huanshi Middle Road, Floor 11, 13, 15, 16, Golden Eagle Building, Yuexiu District, Guangdong Province, Guangzhou City, CHN, 510060

Website

https://www.gdiecc.com.cn

Guangdong Guangzi International Engineering Inv Consultants Co Ltd provides investment and management consulting for international engineering projects. It focuses on infrastructure, industrial development, green environmental protection, social public utilities, and other major areas of the national economy and people's livelihood, and has established four business divisions. It also has investment supervision and project management sections which focus on cost consulting, project management, and supervision consulting respectively.

Guangdong Guangzi International Engineering Inv Consultants Co (BJSE:836892) Headlines

No Headlines