Beijing North Star Co (FRA:BJ3) Receivables Turnover : 8.57 (As of Mar. 2024)

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What is Beijing North Star Co 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. Beijing North Star Co's Revenue for the three months ended in Mar. 2024 was €220 Mil. Beijing North Star Co's average Accounts Receivable for the three months ended in Mar. 2024 was €26 Mil. Hence, Beijing North Star Co's Receivables Turnover for the three months ended in Mar. 2024 was 8.57.

Beijing North Star Co Receivables Turnover Historical Data

The historical data trend for Beijing North Star Co'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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Beijing North Star Co Receivables Turnover Chart

Beijing North Star Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Receivables Turnover

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321.76

171.16

229.21

92.95

73.08

Beijing North Star Co Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Receivables Turnover	Get a 7-Day Free Trial															18.36	13.02	13.42	23.64	8.57

Competitive Comparison of Beijing North Star Co's Receivables Turnover

For the Real Estate - Development subindustry, Beijing North Star Co'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.

Beijing North Star Co's Receivables Turnover Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Beijing North Star Co's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Beijing North Star Co's Receivables Turnover falls into.

Beijing North Star Co Receivables Turnover Calculation

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

Beijing North Star Co'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 )
=	2022.927	/ (	(30.291	+	25.069)	/	2 )
=	2022.927	/	27.68
=	73.08

Beijing North Star Co's Receivables Turnover for the quarter that ended in Mar. 2024 is calculated as

	Receivables Turnover (Q: Mar. 2024 )
=	Revenue	/	Average Total Inventories
=	Revenue (Q: Mar. 2024 )	/ (	(Accounts Receivable (Q: Dec. 2023 )	+	Accounts Receivable (Q: Mar. 2024 ))	/	count )
=	220.139	/ (	(25.069	+	26.301)	/	2 )
=	220.139	/	25.685
=	8.57

Beijing North Star Co (FRA:BJ3) 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.

Beijing North Star Co Receivables Turnover Related Terms

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Beijing North Star Co (FRA:BJ3) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Beijing North Star Co Ltd (FRA:BJ3) » Definitions » Receivables Turnover

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00588:Hong Kong 601588:China

Address

No. 8 Bei Chen Dong Road, 12th Floor, Tower A, Hui Xin Building, Chao Yang District, Beijing, CHN, 100101

Website

https://www.beijingns.com.cn

Beijing North Star Co Ltd is a company that is principally engaged in property leasing, development properties, investment properties (including hotels), and commercial properties. Its development properties are located in Beijing and Changsha, Wuhan, and consist of the development and sales of houses, apartments, villas, and offices of different classes and features that provide for commercial purposes. The investment properties involve convention, hotel, office, and apartment businesses. The company's commercial properties include Shopping Centres. It operates through three business segments namely Real estate development; hotel and other. All the company's revenue is derived from China.

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