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Samson Holding (HKSE:00531) Receivables Turnover : 3.77 (As of Dec. 2023)


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What is Samson Holding 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. Samson Holding's Revenue for the six months ended in Dec. 2023 was HK$1,553 Mil. Samson Holding's average Accounts Receivable for the six months ended in Dec. 2023 was HK$412 Mil. Hence, Samson Holding's Receivables Turnover for the six months ended in Dec. 2023 was 3.77.


Samson Holding Receivables Turnover Historical Data

The historical data trend for Samson Holding'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.

Samson Holding Receivables Turnover Chart

Samson Holding Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5.76 5.80 8.31 9.43 7.18

Samson Holding 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 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 4.08 3.73 3.94 3.38 3.77

Competitive Comparison of Samson Holding's Receivables Turnover

For the Furnishings, Fixtures & Appliances subindustry, Samson Holding'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.


Samson Holding's Receivables Turnover Distribution in the Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Samson Holding's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Samson Holding's Receivables Turnover falls into.



Samson Holding Receivables Turnover Calculation

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

Samson Holding'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 )
=3237.467 / ((538.905 + 363.062) / 2 )
=3237.467 / 450.9835
=7.18

Samson Holding'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 )
=1553.44 / ((461.043 + 363.062) / 2 )
=1553.44 / 412.0525
=3.77

* 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.


Samson Holding  (HKSE:00531) 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.


Samson Holding Receivables Turnover Related Terms

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Samson Holding (HKSE:00531) Business Description

Traded in Other Exchanges
Address
No. 2 Taicheng Road, China Timber Industry City Development Area, Zhejiang Province, Jiashan County, CHN, 314100
Samson Holding Ltd is an investment holding company. It is principally engaged in the manufacturing and sale of residential furniture. The company is involved in the activity of designing, manufacturing, selling, and marketing household and commercial furniture. It owns several brands including Universal Furniture, Paula Deen Home, Legacy Classic Furniture, Legacy Classic Kids, Craftmaster Furniture, Universal Furniture China, and Athome. It has a presence in China, Hong Kong, Vietnam, the United States, and Bangladesh. Geographically, the company earns most of its revenue from the United States.
Executives
Advent Group Limited 2101 Beneficial owner
Magnificent Capital Holding Limited 2201 Interest of corporation controlled by you
Kuo Shan Huei 2201 Interest of corporation controlled by you
Liu Yi-mei 2201 Interest of corporation controlled by you

Samson Holding (HKSE:00531) Headlines

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