Allan International Holdings (HKSE:00684) Receivables Turnover : 2.44 (As of Sep. 2023)

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What is Allan International 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. Allan International Holdings's Revenue for the six months ended in Sep. 2023 was HK$276.4 Mil. Allan International Holdings's average Accounts Receivable for the six months ended in Sep. 2023 was HK$113.4 Mil. Hence, Allan International Holdings's Receivables Turnover for the six months ended in Sep. 2023 was 2.44.

Allan International Holdings Receivables Turnover Historical Data

The historical data trend for Allan International 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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Allan International Holdings Receivables Turnover Chart

Allan International Holdings Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Receivables Turnover

Get a 7-Day Free Trial

4.48

5.12

4.86

3.86

3.47

Allan International 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															1.71	1.51	1.93	2.05	2.44

Competitive Comparison of Allan International Holdings's Receivables Turnover

For the Furnishings, Fixtures & Appliances subindustry, Allan International 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.

Allan International Holdings's Receivables Turnover Distribution in the Furnishings, Fixtures & Appliances Industry

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

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

Allan International Holdings Receivables Turnover Calculation

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

Allan International 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 )
=	413.332	/ (	(165.587	+	72.968)	/	2 )
=	413.332	/	119.2775
=	3.47

Allan International 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 )
=	276.401	/ (	(72.968	+	153.818)	/	2 )
=	276.401	/	113.393
=	2.44

Allan International Holdings (HKSE:00684) 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.

Allan International Holdings Receivables Turnover Related Terms

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Allan International Holdings (HKSE:00684) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Furnishings, Fixtures & Appliances » Allan International Holdings Ltd (HKSE:00684) » Definitions » Receivables Turnover

Comparable Companies

Traded in Other Exchanges

N/A

Address

20 Lee Chung Street, Chai Wan, Flat B, 23rd Floor, Chaiwan Industrial Centre, Hong Kong, HKG

Website

http://www.allan.com.hk

Allan International Holdings Ltd is engaged in the manufacturing and trading of household electrical appliances. The products of the company include food processors and mixers, juicers, and blenders, deep fryers and kettles, and much more. The company operates in four geographical segments, including Europe, Asia, America, and Other Regions, of which a majority of the revenue is derived from America.

Executives

Webb David Michael	2201 Interest of corporation controlled by you
Cheung Shu Wan
Cheung Lai See Sophie
Cheung Shu Sang William
Cheung Lai Chun
Cheung Lun	2307 Founder of a discretionary trust who can infl
Credit Suisse Trust Limited As Trustees Of The Cheung Lun Family Trust	2301 Trustee
Unison Associates Limited	2201 Interest of corporation controlled by you

Allan International Holdings (HKSE:00684) Headlines

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