Hi-Think Yondervision (Beijing) Tech Co (BJSE:837592) Receivables Turnover : 0.23 (As of Mar. 2025)

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What is Hi-Think Yondervision (Beijing) Tech 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. Hi-Think Yondervision (Beijing) Tech Co's Revenue for the three months ended in Mar. 2025 was ¥22.3 Mil. Hi-Think Yondervision (Beijing) Tech Co's average Accounts Receivable for the three months ended in Mar. 2025 was ¥97.7 Mil. Hence, Hi-Think Yondervision (Beijing) Tech Co's Receivables Turnover for the three months ended in Mar. 2025 was 0.23.

Hi-Think Yondervision (Beijing) Tech Co Receivables Turnover Historical Data

The historical data trend for Hi-Think Yondervision (Beijing) Tech 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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Hi-Think Yondervision (Beijing) Tech Co Receivables Turnover Chart

Hi-Think Yondervision (Beijing) Tech Co Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Receivables Turnover

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5.41

5.30

3.74

2.64

2.06

Hi-Think Yondervision (Beijing) Tech 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															0.17	0.38	0.25	1.36	0.23

Competitive Comparison of Hi-Think Yondervision (Beijing) Tech Co's Receivables Turnover

For the Information Technology Services subindustry, Hi-Think Yondervision (Beijing) Tech 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.

Hi-Think Yondervision (Beijing) Tech Co's Receivables Turnover Distribution in the Software Industry

For the Software industry and Technology sector, Hi-Think Yondervision (Beijing) Tech Co's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Hi-Think Yondervision (Beijing) Tech Co's Receivables Turnover falls into.

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Hi-Think Yondervision (Beijing) Tech Co Receivables Turnover Calculation

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

Hi-Think Yondervision (Beijing) Tech 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 )
=	210.051	/ (	(103.009	+	100.573)	/	2 )
=	210.051	/	101.791
=	2.06

Hi-Think Yondervision (Beijing) Tech 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 )
=	22.33	/ (	(100.573	+	94.759)	/	2 )
=	22.33	/	97.666
=	0.23

Hi-Think Yondervision (Beijing) Tech Co (BJSE:837592) 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.

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Hi-Think Yondervision (Beijing) Tech Co Business Description

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GURUFOCUS.COM » STOCK LIST » Technology » Software » Hi-Think Yondervision (Beijing) Tech Co Ltd (BJSE:837592) » Definitions » Receivables Turnover

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Traded in Other Exchanges

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Address

No. 18, North Taipingzhuang Road, Floor 12, Building A, Chengjian Building, Haidian, Beijing, CHN, 100088

Website

https://www.yondervision.com.cn

Hi-Think Yondervision (Beijing) Tech Co Ltd is a provider of digital solutions for housing provident funds and banking And service operators, providing housing provident fund management agencies and banks across the country with information system-related software customization development, maintenance services, third-party product sales and integration, outsourcing services and other services across multiple scenarios. At present, the company's business mainly includes five sectors: digital provident fund, digital port, digital financial services, service outsourcing, and data intelligence services. It has always focused on the field of housing finance, providing high-quality software products and digital services for housing provident fund management institutions across the country.

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