HERB (Yasheng Group) Receivables Turnover: 3.67 (As of Dec. 2015)

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What is Yasheng Group Receivables Turnover?

Yasheng Group HERB Receivables Turnover is 3.67 as of Dec. 2015.

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. Yasheng Group's Revenue for the three months ended in Dec. 2015 was $229.3 Mil. Yasheng Group's average Accounts Receivable for the three months ended in Dec. 2015 was $62.4 Mil. Hence, Yasheng Group's Receivables Turnover for the three months ended in Dec. 2015 was 3.67.


Yasheng Group  (OTCPK:HERB) 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.


Yasheng Group Receivables Turnover Related Terms


Yasheng Group Receivables Turnover Historical Data

* Premium members only.

The historical data trend for Yasheng Group'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.

Yasheng Group Receivables Turnover Chart

Yasheng Group Annual Data
Trend Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 12.12 11.53 10.38 9.41 16.62

Yasheng Group Quarterly Data
Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15
Receivables Turnover Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 2.82 1.79 1.86 2.16 3.67

HERB vs BIQI: Receivables Turnover Comparison

For the Farm Products subindustry, Yasheng Group'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.


Yasheng Group Receivables Turnover vs Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Yasheng Group's Receivables Turnover distribution charts can be found below:

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



Yasheng Group Receivables Turnover Calculation

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

Yasheng Group's Receivables Turnover for the fiscal year that ended in Dec. 2015 is calculated as

Receivables Turnover (A: Dec. 2015 )
=Revenue / Average Accounts Receivable
=Revenue (A: Dec. 2015 ) / ((Accounts Receivable (A: Dec. 2014 ) + Accounts Receivable (A: Dec. 2015 )) / count )
=938.896 / ((112.095 + 0.877) / 2 )
=938.896 / 56.486
=16.62

Yasheng Group's Receivables Turnover for the quarter that ended in Dec. 2015 is calculated as

Receivables Turnover (Q: Dec. 2015 )
=Revenue / Average Accounts Receivable
=Revenue (Q: Dec. 2015 ) / ((Accounts Receivable (Q: Sep. 2015 ) + Accounts Receivable (Q: Dec. 2015 )) / count )
=229.259 / ((123.901 + 0.877) / 2 )
=229.259 / 62.389
=3.67

* 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.

Frequently Asked Questions Learn more about Receivables Turnover →
What does a Receivables Turnover of 3.67 mean?
Yasheng Group (HERB) has a Receivables Turnover of 3.67 as of Dec. 2015. The accounts 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. View historical data on Yasheng Group and its competitors.
Is Yasheng Group's Receivables Turnover too high?
Yasheng Group's current Receivables Turnover is 3.67. The Consumer Packaged Goods industry median Receivables Turnover is 9.33. Yasheng Group's value of 3.67 is 60.7% below this industry median.
How does Yasheng Group's Receivables Turnover compare to BIQI?
Yasheng Group's Receivables Turnover of 3.67 can be compared against companies in the Consumer Packaged Goods industry. The industry median Receivables Turnover is 9.33. Yasheng Group's value of 3.67 is 60.7% below this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Receivables Turnover for a Consumer Packaged Goods company?
The median Receivables Turnover among Consumer Packaged Goods companies is 9.33, based on 1,946 companies in the industry. Companies in the top quartile (top 25%) have a Receivables Turnover significantly above this median, while those in the bottom quartile fall well below. However, Receivables Turnover should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Yasheng Group's current Receivables Turnover of 3.67 is 60.7% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Receivables Turnover mean?
A high Receivables Turnover can signal that a stock is expensive relative to its fundamentals. The accounts 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. View historical data on Yasheng Group and its competitors. For the Consumer Packaged Goods industry, the median Receivables Turnover is 9.33 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Yasheng Group's current Receivables Turnover is 3.67. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Yasheng Group stock overvalued right now?
Yasheng Group (HERB) has a current Receivables Turnover of 3.67. The current Receivables Turnover is 3.67 and 60.7% below the Consumer Packaged Goods industry median of 9.33. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Receivables Turnover calculated?
Receivables Turnover is calculated from a company's financial statements. For Yasheng Group (HERB), the current Receivables Turnover is 3.67 as of Dec. 2015. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Yasheng Group Business Description

Address 710 Lakeway Drive, Suite 200, Sunnyvale, CA, USA, 94085
Yasheng Group is a Colorado corporation, a U.S. company that conducts business operations in the U.S., China, and the Philippines through four segments: Mining, Agriculture and Biotechnology, and Blockchain+ IOT. The company's agricultural products include herbal medicines, organic herbal food products, ginkgo, songaricum, betel nut, coconut, coffee, wolfberry, hemp, and other specialty crops. It also designs, develops, and markets new technologies related to agriculture and genetic biology.