Kader Holdings Co (HKSE:00180) Receivables Turnover : 3.36 (As of Dec. 2023)

View and export this data going back to 1985. Start your Free Trial

What is Kader 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. Kader Holdings Co's Revenue for the six months ended in Dec. 2023 was HK$219.6 Mil. Kader Holdings Co's average Accounts Receivable for the six months ended in Dec. 2023 was HK$65.3 Mil. Hence, Kader Holdings Co's Receivables Turnover for the six months ended in Dec. 2023 was 3.36.

Kader Holdings Co Receivables Turnover Historical Data

The historical data trend for Kader 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.

Kader Holdings Co Receivables Turnover Chart

Kader Holdings Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Receivables Turnover

Get a 7-Day Free Trial

4.64

4.01

4.75

4.80

5.00

Kader Holdings Co 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															4.28	2.62	3.37	2.59	3.36

Competitive Comparison of Kader Holdings Co's Receivables Turnover

For the Leisure subindustry, Kader 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.

Kader Holdings Co's Receivables Turnover Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Kader Holdings Co's Receivables Turnover distribution charts can be found below:

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

Kader Holdings Co Receivables Turnover Calculation

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

Kader Holdings 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 )
=	372.543	/ (	(68.41	+	80.73)	/	2 )
=	372.543	/	74.57
=	5.00

Kader Holdings Co'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 )
=	219.557	/ (	(49.897	+	80.73)	/	2 )
=	219.557	/	65.3135
=	3.36

Kader Holdings Co (HKSE:00180) 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.

Kader Holdings Co Receivables Turnover Related Terms

Thank you for viewing the detailed overview of Kader Holdings Co's Receivables Turnover provided by GuruFocus.com. Please click on the following links to see related term pages.

Kader Holdings Co (HKSE:00180) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Kader Holdings Co Ltd (HKSE:00180) » Definitions » Receivables Turnover

Comparable Companies

Traded in Other Exchanges

N/A

Address

22 Kai Cheung Road, 11th Floor, Kader Building, Kowloon Bay, Hong Kong, HKG

Website

https://www.kader.com.hk

Kader Holdings Co Ltd along with its subsidiaries is engaged in the toy manufacturing business. The company is engaged in three operating segments; The toys and model trains segment manufacture and sale of plastic, electronic, and stuffed toys and model trains, Property investment segment includes the leasing of office premises, commercial buildings, and industrial buildings to generate rental income and to gain from the appreciation in the properties' value in the long term, and Investment holding segment includes the investment in securities. Geographically, The company has operations in Mainland China; Hong Kong, Europe, Japan, and Other Countries.

Executives

Ting Woo Shou, Kenneth

2101 Beneficial owner

Kader Holdings Co (HKSE:00180) Headlines

No Headlines