CSC Holdings (HKSE:00235) Receivables Turnover : 0.19 (As of Dec. 2023)

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What is CSC 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. CSC Holdings's Revenue for the six months ended in Dec. 2023 was HK$20.62 Mil. CSC Holdings's average Accounts Receivable for the six months ended in Dec. 2023 was HK$111.00 Mil. Hence, CSC Holdings's Receivables Turnover for the six months ended in Dec. 2023 was 0.19.

CSC Holdings Receivables Turnover Historical Data

The historical data trend for CSC 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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CSC Holdings Receivables Turnover Chart

CSC Holdings Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Receivables Turnover

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24.99

2.79

1.96

0.64

CSC 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															-	1.52	0.51	0.44	0.19

Competitive Comparison of CSC Holdings's Receivables Turnover

For the Capital Markets subindustry, CSC 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.

CSC Holdings's Receivables Turnover Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, CSC Holdings's Receivables Turnover distribution charts can be found below:

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

CSC Holdings Receivables Turnover Calculation

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

CSC 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 )
=	71.886	/ (	(118.408	+	107.871)	/	2 )
=	71.886	/	113.1395
=	0.64

CSC 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 )
=	20.619	/ (	(114.125	+	107.871)	/	2 )
=	20.619	/	110.998
=	0.19

CSC Holdings (HKSE:00235) 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.

CSC Holdings Receivables Turnover Related Terms

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CSC Holdings (HKSE:00235) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » CSC Holdings Ltd (HKSE:00235) » Definitions » Receivables Turnover

Comparable Companies

Traded in Other Exchanges

N/A

Address

26 Harbour Road, Rooms 3206-3210, 32nd Floor, China Resources Building, Wanchai, Hong Kong, HKG

Website

https://www.cshldgs.com

CSC Holdings Ltd conducts operations through its subsidiaries. The company's core businesses consist of investment in securities, which generates dividend income and other income; the trading business, which includes trading of metal minerals and electronic components; the money-lending business, which generates interest income and arrangement fees; and Securities brokerage includes dealing in securities activities. The company generates its revenue from the trading business. It conducts operations in the People's Republic of China and Hong Kong, with the revenue generated from Hong Kong.

Executives

Courage Star Global Limited	2101 Beneficial owner
Pioneer Success Development Limited	2101 Beneficial owner
Cheng Kar Shun	2201 Interest of corporation controlled by you
Suen Cho Hung, Paul	2201 Interest of corporation controlled by you

CSC Holdings (HKSE:00235) Headlines

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