Chanson International Holding (Chanson International Holding) Receivables Turnover : 4.29 (As of Dec. 2023)

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

What is Chanson International Holding 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. Chanson International Holding's Revenue for the six months ended in Dec. 2023 was $8.44 Mil. Chanson International Holding's average Accounts Receivable for the six months ended in Dec. 2023 was $1.97 Mil. Hence, Chanson International Holding's Receivables Turnover for the six months ended in Dec. 2023 was 4.29.

Chanson International Holding Receivables Turnover Historical Data

The historical data trend for Chanson International Holding'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.

Chanson International Holding Receivables Turnover Chart

Chanson International Holding Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Receivables Turnover

Get a 7-Day Free Trial

22.28

17.65

15.90

11.08

10.60

Chanson International Holding Semi-Annual Data
	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Receivables Turnover	Get a 7-Day Free Trial						5.65	5.48	2.91	5.51	4.29

Competitive Comparison of Chanson International Holding's Receivables Turnover

For the Restaurants subindustry, Chanson International Holding'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.

Chanson International Holding's Receivables Turnover Distribution in the Restaurants Industry

For the Restaurants industry and Consumer Cyclical sector, Chanson International Holding's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Chanson International Holding's Receivables Turnover falls into.

Chanson International Holding Receivables Turnover Calculation

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

Chanson International Holding'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 )
=	17.253	/ (	(1.26	+	1.995)	/	2 )
=	17.253	/	1.6275
=	10.60

Chanson International Holding's Receivables Turnover for the quarter that ended in Dec. 2023 is calculated as

	Receivables Turnover (Q: Dec. 2023 )
=	Revenue	/	Average Total Inventories
=	Revenue (Q: Dec. 2023 )	/ (	(Accounts Receivable (Q: Jun. 2023 )	+	Accounts Receivable (Q: Dec. 2023 ))	/	count )
=	8.441	/ (	(1.937	+	1.995)	/	2 )
=	8.441	/	1.966
=	4.29

Chanson International Holding (NAS:CHSN) 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.

Chanson International Holding Receivables Turnover Related Terms

Thank you for viewing the detailed overview of Chanson International Holding's Receivables Turnover provided by GuruFocus.com. Please click on the following links to see related term pages.

Chanson International Holding (Chanson International Holding) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Restaurants » Chanson International Holding (NAS:CHSN) » Definitions » Receivables Turnover

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 26 Culture Road, Tianshan District, Urumqi, Xinjiang, CHN

Website

https://www.chanson-international.com

Chanson International Holding manufactures and sells a wide selection of bakery products, seasonal products, and beverage products; some of these stores also offer eat-in services. It focuses to make healthy, nutritious, and ready-to-eat food through advanced facilities and industry research and to create a comfortable, yet distinguishable store environment in which customers can enjoy their products.

Chanson International Holding (Chanson International Holding) Headlines

From GuruFocus

Chanson International Holding Announces Pricing of Initial Public Offering

By sperokesalga sperokesalga • 03-30-2023

Chanson International Holding Announces First Half of Fiscal Year 2023 Financial Results

By PRNewswire • 10-06-2023