Far East Consortium International (HKSE:00035) Receivables Turnover : 10.67 (As of Mar. 2024)

View and export this data going back to 1972. Start your Free Trial

What is Far East Consortium International 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. Far East Consortium International's Revenue for the six months ended in Mar. 2024 was HK$3,909 Mil. Far East Consortium International's average Accounts Receivable for the six months ended in Mar. 2024 was HK$366 Mil. Hence, Far East Consortium International's Receivables Turnover for the six months ended in Mar. 2024 was 10.67.

Far East Consortium International Receivables Turnover Historical Data

The historical data trend for Far East Consortium International'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.

Far East Consortium International Receivables Turnover Chart

Far East Consortium International Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Receivables Turnover

Get a 7-Day Free Trial

56.82

12.33

9.19

17.73

47.71

Far East Consortium International Semi-Annual Data
	Sep14	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23	Mar24
Receivables Turnover	Get a 7-Day Free Trial															4.38	8.14	11.69	14.27	10.67

Competitive Comparison of Far East Consortium International's Receivables Turnover

For the Real Estate - Development subindustry, Far East Consortium International'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.

Far East Consortium International's Receivables Turnover Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Far East Consortium International's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Far East Consortium International's Receivables Turnover falls into.

Far East Consortium International Receivables Turnover Calculation

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

Far East Consortium International's Receivables Turnover for the fiscal year that ended in Mar. 2024 is calculated as

	Receivables Turnover (A: Mar. 2024 )
=	Revenue	/	Average Total Inventories
=	Revenue (A: Mar. 2024 )	/ (	(Accounts Receivable (A: Mar. 2023 )	+	Accounts Receivable (A: Mar. 2024 ))	/	count )
=	10203.679	/ (	(288.803	+	138.942)	/	2 )
=	10203.679	/	213.8725
=	47.71

Far East Consortium International'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: Sep. 2023 )	+	Accounts Receivable (Q: Mar. 2024 ))	/	count )
=	3908.679	/ (	(593.638	+	138.942)	/	2 )
=	3908.679	/	366.29
=	10.67

Far East Consortium International (HKSE:00035) 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.

Far East Consortium International Receivables Turnover Related Terms

Thank you for viewing the detailed overview of Far East Consortium International's Receivables Turnover provided by GuruFocus.com. Please click on the following links to see related term pages.

Far East Consortium International Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Far East Consortium International Ltd (HKSE:00035) » Definitions » Receivables Turnover

Traded in Other Exchanges

FRTCF:USA

Address

121 Des Voeux Road Central, 16th Floor, Far East Consortium Building, Hong Kong, HKG

Website

https://www.fecil.com.hk

Far East Consortium International Ltd is a regional conglomerate operating in property development, hospitality, and car parking ventures. The property development division contributes around half of the company's revenue. Its portfolio of properties spans mainland China, Hong Kong, Singapore, Malaysia, Australia, and the United Kingdom. The projects comprise a mix of residential, hotel, and resort development. The group operates a hotel business through its subsidiary, Dorsett Hospitality International. Most of the hotel revenue is generated from the Hong Kong market. The car park division represents a smaller portion of the business, which is involved in managing both third-party and self-owned car parks.

Executives

Chiu David

2201 Interest of corporation controlled by you

Far East Consortium International Headlines

No Headlines