China Ruyi Holdings (FRA:4Z81) Receivables Turnover : 0.65 (As of Dec. 2024)

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

What is China Ruyi Holdings 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. China Ruyi Holdings's Revenue for the six months ended in Dec. 2024 was €240.2 Mil. China Ruyi Holdings's average Accounts Receivable for the six months ended in Dec. 2024 was €371.4 Mil. Hence, China Ruyi Holdings's Receivables Turnover for the six months ended in Dec. 2024 was 0.65.

China Ruyi Holdings Receivables Turnover Historical Data

The historical data trend for China Ruyi Holdings'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.

China Ruyi Holdings Receivables Turnover Chart

China Ruyi Holdings Annual Data

Trend

Mar15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Receivables Turnover

Get a 7-Day Free Trial

3.18

4.06

1.30

2.19

1.40

China Ruyi Holdings Semi-Annual Data
	Mar15	Sep15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24	Dec24
Receivables Turnover	Get a 7-Day Free Trial															0.57	0.87	1.76	0.72	0.65

Competitive Comparison of China Ruyi Holdings's Receivables Turnover

For the Entertainment subindustry, China Ruyi Holdings'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.

China Ruyi Holdings's Receivables Turnover Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, China Ruyi Holdings's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where China Ruyi Holdings's Receivables Turnover falls into.

Save Embed

;

Save Embed

;

China Ruyi Holdings Receivables Turnover Calculation

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

China Ruyi Holdings'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 )
=	481.489	/ (	(298.991	+	387.855)	/	2 )
=	481.489	/	343.423
=	1.40

China Ruyi Holdings's Receivables Turnover for the quarter that ended in Dec. 2024 is calculated as

	Receivables Turnover (Q: Dec. 2024 )
=	Revenue	/	Average Total Inventories
=	Revenue (Q: Dec. 2024 )	/ (	(Accounts Receivable (Q: Jun. 2024 )	+	Accounts Receivable (Q: Dec. 2024 ))	/	count )
=	240.196	/ (	(354.875	+	387.855)	/	2 )
=	240.196	/	371.365
=	0.65

China Ruyi Holdings (FRA:4Z81) 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.

China Ruyi Holdings Receivables Turnover Related Terms

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

China Ruyi Holdings Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » China Ruyi Holdings Ltd (FRA:4Z81) » Definitions » Receivables Turnover

Comparable Companies

Traded in Other Exchanges

00136:Hong Kong

Address

CN03, Laijin Culture Creative Industrial Park, Chaoyang District, Beijing, CHN

Website

https://www.ryholdings.com

China Ruyi Holdings Ltd is an investment holding company. Its subsidiaries principally engage in content production, online streaming business, online gaming business, and the manufacture and sale of accessories. The group's reportable segments are: Content production business, Online streaming and online gaming businesses, and Other businesses. A majority of its revenue is generated from the Online streaming and online gaming businesses segment, which engages in professional film and television production, operates a subscription-only streaming media platform, and an integrated game company. Geographically, the group generates maximum revenue from Mainland China, followed by Europe, Hong Kong, and other regions.

China Ruyi Holdings Headlines

No Headlines