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HHBT (HH Biotechnology Holdings Co) Receivables Turnover : 3.60 (As of Sep. 2016)


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What is HH Biotechnology Holdings 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. HH Biotechnology Holdings Co's Revenue for the three months ended in Sep. 2016 was $1.95 Mil. HH Biotechnology Holdings Co's average Accounts Receivable for the three months ended in Sep. 2016 was $0.54 Mil. Hence, HH Biotechnology Holdings Co's Receivables Turnover for the three months ended in Sep. 2016 was 3.60.


HH Biotechnology Holdings Co Receivables Turnover Historical Data

The historical data trend for HH Biotechnology Holdings 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.

* Premium members only.

HH Biotechnology Holdings Co Receivables Turnover Chart

HH Biotechnology Holdings Co 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 458.65 54.87 58.30 532.40 64.44

HH Biotechnology Holdings Co Quarterly Data
Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16
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 13.86 13.30 7.10 4.59 3.60

Competitive Comparison of HH Biotechnology Holdings Co's Receivables Turnover

For the Real Estate Services subindustry, HH Biotechnology Holdings 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.


HH Biotechnology Holdings Co's Receivables Turnover Distribution in the Real Estate Industry

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

* The bar in red indicates where HH Biotechnology Holdings Co's Receivables Turnover falls into.



HH Biotechnology Holdings Co Receivables Turnover Calculation

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

HH Biotechnology Holdings Co's Receivables Turnover for the fiscal year that ended in Dec. 2015 is calculated as

Receivables Turnover (A: Dec. 2015 )
=Revenue / Average Total Inventories
=Revenue (A: Dec. 2015 ) / ((Accounts Receivable (A: Dec. 2014 ) + Accounts Receivable (A: Dec. 2015 )) / count )
=7.99 / ((0.021 + 0.227) / 2 )
=7.99 / 0.124
=64.44

HH Biotechnology Holdings Co's Receivables Turnover for the quarter that ended in Sep. 2016 is calculated as

Receivables Turnover (Q: Sep. 2016 )
=Revenue / Average Total Inventories
=Revenue (Q: Sep. 2016 ) / ((Accounts Receivable (Q: Jun. 2016 ) + Accounts Receivable (Q: Sep. 2016 )) / count )
=1.947 / ((0.542 + 0.539) / 2 )
=1.947 / 0.5405
=3.60

* 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.


HH Biotechnology Holdings Co  (OTCPK:HHBT) 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.


HH Biotechnology Holdings Co Receivables Turnover Related Terms

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HH Biotechnology Holdings Co Business Description

Traded in Other Exchanges
N/A
Address
No. 69 Heping North Street, C-Site, 25th - 26th Floor, Presidential Building, Heping District, Shenyang, CHN, 110003
HH Biotechnology Holdings Co is engaged in developing, producing and marketing of healthy food, supplements, medicine, and cosmetics.
Executives
Yizhao Zhang director 45 OLD MILLSTONE DRIVE, NIT 6, EAST WINDSOR NJ 08520

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