Emperor Watch & Jewellery (Emperor Watch & Jewellery) Receivables Turnover : 22.69 (As of Dec. 2023)

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What is Emperor Watch & Jewellery 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. Emperor Watch & Jewellery's Revenue for the six months ended in Dec. 2023 was $319.3 Mil. Emperor Watch & Jewellery's average Accounts Receivable for the six months ended in Dec. 2023 was $14.1 Mil. Hence, Emperor Watch & Jewellery's Receivables Turnover for the six months ended in Dec. 2023 was 22.69.

Emperor Watch & Jewellery Receivables Turnover Historical Data

The historical data trend for Emperor Watch & Jewellery'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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Emperor Watch & Jewellery Receivables Turnover Chart

Emperor Watch & Jewellery Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Receivables Turnover

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73.89

46.78

67.13

38.80

30.74

Emperor Watch & Jewellery Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Receivables Turnover	Get a 7-Day Free Trial															34.61	32.07	22.17	25.98	22.69

Competitive Comparison of Emperor Watch & Jewellery's Receivables Turnover

For the Luxury Goods subindustry, Emperor Watch & Jewellery'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.

Emperor Watch & Jewellery's Receivables Turnover Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Emperor Watch & Jewellery's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Emperor Watch & Jewellery's Receivables Turnover falls into.

Emperor Watch & Jewellery Receivables Turnover Calculation

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

Emperor Watch & Jewellery'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 )
=	617.586	/ (	(17.472	+	22.707)	/	2 )
=	617.586	/	20.0895
=	30.74

Emperor Watch & Jewellery'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 )
=	319.253	/ (	(5.428	+	22.707)	/	2 )
=	319.253	/	14.0675
=	22.69

Emperor Watch & Jewellery (OTCPK:EPRJF) 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.

Emperor Watch & Jewellery Receivables Turnover Related Terms

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Emperor Watch & Jewellery (Emperor Watch & Jewellery) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Emperor Watch & Jewellery Ltd (OTCPK:EPRJF) » Definitions » Receivables Turnover

Traded in Other Exchanges

00887:Hong Kong

Address

288 Hennessy Road, 25th Floor, Emperor Group Centre, Wanchai, Hong Kong, HKG

Website

https://www.emperorwatchjewellery.com

Emperor Watch & Jewellery Ltd is a retailer of European-made internationally renowned watches, together with self-designed fine jewellery products under its own brand, Emperor Jewellery. The group has extensive retail networks in Hong Kong, Macau, Mainland China, Malaysia, and Singapore. Its wristwatch brands include Audemars Piguet, Baume & Mercier, Cartier, Omega, Jaeger-LeCoultre, Montblanc, Tissot, and Rolex, among others. The target customers range from middle to high-income groups world wide. The majority of the revenue is mainly derived from sales of watches and jewellery in Hong Kong.

Emperor Watch & Jewellery (Emperor Watch & Jewellery) Headlines

From GuruFocus

Emperor W&J 2023 Interim Net Profit Doubles to HK$186 Million, Mainland China Market Achieves Remarkable Performance

By ACN Newswire • 08-27-2023