Shimao Services Holdings (FRA:5GO) Receivables Turnover : 1.10 (As of Dec. 2024)

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What is Shimao Services 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. Shimao Services Holdings's Revenue for the six months ended in Dec. 2024 was €507 Mil. Shimao Services Holdings's average Accounts Receivable for the six months ended in Dec. 2024 was €462 Mil. Hence, Shimao Services Holdings's Receivables Turnover for the six months ended in Dec. 2024 was 1.10.

Shimao Services Holdings Receivables Turnover Historical Data

The historical data trend for Shimao Services 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.

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Shimao Services Holdings Receivables Turnover Chart

Shimao Services Holdings Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Receivables Turnover

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4.31

3.69

2.75

2.49

2.42

Shimao Services Holdings Semi-Annual Data
	Dec17	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24	Dec24
Receivables Turnover	Get a 7-Day Free Trial									1.30	1.20	1.23	1.16	1.10

Competitive Comparison of Shimao Services Holdings's Receivables Turnover

For the Real Estate Services subindustry, Shimao Services 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.

Shimao Services Holdings's Receivables Turnover Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Shimao Services Holdings's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Shimao Services Holdings's Receivables Turnover falls into.

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Shimao Services Holdings Receivables Turnover Calculation

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

Shimao Services 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 )
=	1035.647	/ (	(411.763	+	443.067)	/	2 )
=	1035.647	/	427.415
=	2.42

Shimao Services 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 )
=	506.806	/ (	(481.482	+	443.067)	/	2 )
=	506.806	/	462.2745
=	1.10

Shimao Services Holdings (FRA:5GO) 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.

Shimao Services Holdings Receivables Turnover Related Terms

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Shimao Services Holdings Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Shimao Services Holdings Ltd (FRA:5GO) » Definitions » Receivables Turnover

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Traded in Other Exchanges

SHMSF:USA 00873:Hong Kong

Address

No. 55, West Weifang Road, 26th Floor, Shanghai Shimao Tower, Shanghai, CHN, 200120

Website

https://www.shimaofuwu.com

Shimao Services Holdings Ltd is a property management and community living service provider in the PRC. The company operates in business in four segments namely property management services; community value-added services; value-added services to non-property owners and city services. It offers a wide range of property management services to property developers, property owners and residents. Its value-added services to non-property owners include sales office management services; preliminary planning and design consultancy services; and repair and maintenance services. It derives maximum revenue from Property management services.

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