Great Eagle Holdings (Great Eagle Holdings) Receivables Turnover : 20.19 (As of Dec. 2023)

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What is Great Eagle 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. Great Eagle Holdings's Revenue for the six months ended in Dec. 2023 was $712 Mil. Great Eagle Holdings's average Accounts Receivable for the six months ended in Dec. 2023 was $35 Mil. Hence, Great Eagle Holdings's Receivables Turnover for the six months ended in Dec. 2023 was 20.19.

Great Eagle Holdings Receivables Turnover Historical Data

The historical data trend for Great Eagle 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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Great Eagle Holdings Receivables Turnover Chart

Great Eagle Holdings Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Receivables Turnover

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40.57

64.12

50.28

36.60

36.23

Great Eagle Holdings 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															27.80	14.57	14.23	17.86	20.19

Competitive Comparison of Great Eagle Holdings's Receivables Turnover

For the Real Estate - Diversified subindustry, Great Eagle 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.

Great Eagle Holdings's Receivables Turnover Distribution in the Real Estate Industry

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

* The bar in red indicates where Great Eagle Holdings's Receivables Turnover falls into.

Great Eagle Holdings Receivables Turnover Calculation

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

Great Eagle Holdings'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 )
=	1362.923	/ (	(38.684	+	36.561)	/	2 )
=	1362.923	/	37.6225
=	36.23

Great Eagle Holdings'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 )
=	712.148	/ (	(33.977	+	36.561)	/	2 )
=	712.148	/	35.269
=	20.19

Great Eagle Holdings (OTCPK:GEAHF) 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.

Great Eagle Holdings Receivables Turnover Related Terms

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Great Eagle Holdings (Great Eagle Holdings) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Great Eagle Holdings Ltd (OTCPK:GEAHF) » Definitions » Receivables Turnover

Traded in Other Exchanges

00041:Hong Kong GHK:Germany

Address

23 Harbour Road, 33rd Floor, Great Eagle Centre, Wanchai, Hong Kong, HKG

Website

https://www.greateagle.com.hk

Great Eagle Holdings Ltd is an investment holding company. The group along with its subsidiaries is engaged in property development and investment, operations of hotels, restaurants and flexible workspaces, asset management, project management, trading of building materials, securities investment, provision of property management, maintenance and property agency services and property leasing. The company generates a majority of its revenue from Hong Kong.

Great Eagle Holdings (Great Eagle Holdings) Headlines

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