Domaine Power Holdings (HKSE:00442) Receivables Turnover : 21.29 (As of Sep. 2023)

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What is Domaine Power 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. Domaine Power Holdings's Revenue for the six months ended in Sep. 2023 was HK$130.4 Mil. Domaine Power Holdings's average Accounts Receivable for the six months ended in Sep. 2023 was HK$6.1 Mil. Hence, Domaine Power Holdings's Receivables Turnover for the six months ended in Sep. 2023 was 21.29.

Domaine Power Holdings Receivables Turnover Historical Data

The historical data trend for Domaine Power 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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Domaine Power Holdings Receivables Turnover Chart

Domaine Power Holdings Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Receivables Turnover

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3.67

2.36

2.50

2.65

304.55

Domaine Power Holdings Semi-Annual Data
	Mar14	Sep14	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Receivables Turnover	Get a 7-Day Free Trial															1.59	1.88	-	161.98	21.29

Competitive Comparison of Domaine Power Holdings's Receivables Turnover

For the Luxury Goods subindustry, Domaine Power 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.

Domaine Power Holdings's Receivables Turnover Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Domaine Power Holdings's Receivables Turnover distribution charts can be found below:

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

Domaine Power Holdings Receivables Turnover Calculation

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

Domaine Power Holdings's Receivables Turnover for the fiscal year that ended in Mar. 2023 is calculated as

	Receivables Turnover (A: Mar. 2023 )
=	Revenue	/	Average Total Inventories
=	Revenue (A: Mar. 2023 )	/ (	(Accounts Receivable (A: Mar. 2022 )	+	Accounts Receivable (A: Mar. 2023 ))	/	count )
=	185.472	/ (	(0	+	0.609)	/	1 )
=	185.472	/	0.609
=	304.55

Domaine Power Holdings's Receivables Turnover for the quarter that ended in Sep. 2023 is calculated as

	Receivables Turnover (Q: Sep. 2023 )
=	Revenue	/	Average Total Inventories
=	Revenue (Q: Sep. 2023 )	/ (	(Accounts Receivable (Q: Mar. 2023 )	+	Accounts Receivable (Q: Sep. 2023 ))	/	count )
=	130.444	/ (	(0.609	+	11.644)	/	2 )
=	130.444	/	6.1265
=	21.29

Domaine Power Holdings (HKSE:00442) 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.

Domaine Power Holdings Receivables Turnover Related Terms

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Domaine Power Holdings (HKSE:00442) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Domaine Power Holdings Ltd (HKSE:00442) » Definitions » Receivables Turnover

Traded in Other Exchanges

N/A

Address

No. 213 Queen’s Road East, Unit 2203A, 22 floor, Wu Chung House, Wan Chai, Hong Kong, HKG

Website

https://www.domainepower.com

Domaine Power Holdings Ltd is engaged in the manufacture and sale of jewelry products the trading of precious metals and raw jewellery materials. It is engaged in designing, manufacturing, and exporting fine jewelry to jewelry wholesalers and retailers mainly in America, European countries, China, and the Middle East. It offers a wide range of fine jewelry products in karat gold, including bracelets, bangles, brooches, earrings, pendants, rings, necklaces, cufflinks, and anklets. It generates the majority of its revenue from Hong Kong.

Executives

Perfect Gain Group Limited	2101 Beneficial owner
Cheng Miu Bing Christina	2202 Interest of your spouse
So Shu Fai	2201 Interest of corporation controlled by you
River Honor Limited	2201 Interest of corporation controlled by you
Nian Yong An	2201 Interest of corporation controlled by you
Ci Hang Dong Xi Fang Wen Jiao Jiao Liu Ji Jin Hui You Xian Gong Si	2201 Interest of corporation controlled by you

Domaine Power Holdings (HKSE:00442) Headlines

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