AIX (AIFU) Receivables Turnover : 0.00 (As of Jun. 2024)

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What is AIX 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. AIX's Revenue for the three months ended in Jun. 2024 was $0.0 Mil. AIX's average Accounts Receivable for the three months ended in Jun. 2024 was $59.7 Mil.

AIX Receivables Turnover Historical Data

The historical data trend for AIX'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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AIX Receivables Turnover Chart

AIX Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Receivables Turnover

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6.18

6.40

8.55

6.78

9.37

AIX Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Jun24
Receivables Turnover	Get a 7-Day Free Trial															1.42	1.32	0.84	1.41	-

Competitive Comparison of AIX's Receivables Turnover

For the Insurance Brokers subindustry, AIX'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.

AIX's Receivables Turnover Distribution in the Insurance Industry

For the Insurance industry and Financial Services sector, AIX's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where AIX's Receivables Turnover falls into.

AIX Receivables Turnover Calculation

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

AIX'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 )
=	447.941	/ (	(56.457	+	39.202)	/	2 )
=	447.941	/	47.8295
=	9.37

AIX's Receivables Turnover for the quarter that ended in Jun. 2024 is calculated as

	Receivables Turnover (Q: Jun. 2024 )
=	Revenue	/	Average Total Inventories
=	Revenue (Q: Jun. 2024 )	/ (	(Accounts Receivable (Q: Dec. 2023 )	+	Accounts Receivable (Q: Jun. 2024 ))	/	count )
=	0	/ (	(39.202	+	80.295)	/	2 )
=	0	/	59.7485
=	N/A

AIX (NAS:AIFU) 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.

AIX Receivables Turnover Related Terms

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AIX Business Description

Industry

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Traded in Other Exchanges

4CIA:Germany

Address

No.15 West Zhujiang Road, 60th Floor, Pearl River Tower, Guangdong, Guangzhou, CHN, 510623

Website

https://www.aifugroup.com

AIX Inc is a technology-driven financial services provider company in China. It is an intelligent platform that creates a supportive and collaborative environment and provides solutions that integrate technology, products, services, operations, capital, and professional support for individual agents and sales organizations. The group uses technology, AI, and data-driven insights, pioneering the financial services that are delivered, its transformation, and empowering industry development. It connects customers with financial institutions, investment opportunities, and service providers, offering insurance, wealth management, and other value-added services.