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Chinandi Holdings (HKSE:00910) Receivables Turnover : 3.79 (As of Dec. 2023)


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What is Chinandi 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. Chinandi Holdings's Revenue for the six months ended in Dec. 2023 was HK$2,051 Mil. Chinandi Holdings's average Accounts Receivable for the six months ended in Dec. 2023 was HK$541 Mil. Hence, Chinandi Holdings's Receivables Turnover for the six months ended in Dec. 2023 was 3.79.


Chinandi Holdings Receivables Turnover Historical Data

The historical data trend for Chinandi 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.

* Premium members only.

Chinandi Holdings Receivables Turnover Chart

Chinandi Holdings Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Dec19 Dec20 Dec21 Dec22 Dec23
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.20 103.83 111.42 100.78 46.22

Chinandi Holdings Semi-Annual Data
Mar14 Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 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 1.66 0.81 4.08 3.04 3.79

Competitive Comparison of Chinandi Holdings's Receivables Turnover

For the Real Estate - Development subindustry, Chinandi 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.


Chinandi Holdings's Receivables Turnover Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Chinandi Holdings's Receivables Turnover distribution charts can be found below:

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



Chinandi Holdings Receivables Turnover Calculation

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

Chinandi 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 )
=3612.484 / ((51.944 + 104.38) / 2 )
=3612.484 / 78.162
=46.22

Chinandi 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 )
=2051.196 / ((976.733 + 104.38) / 2 )
=2051.196 / 540.5565
=3.79

* 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.


Chinandi Holdings  (HKSE:00910) 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.


Chinandi Holdings Receivables Turnover Related Terms

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Chinandi Holdings (HKSE:00910) Business Description

Traded in Other Exchanges
N/A
Address
118 Connaught Road West, Room 2008, 20th Floor, Hong Kong, HKG
China Sandi Holdings Ltd is an investment holding company engaged in the investment and development of properties. It operates through the segments of Property development and Property investment. The company derives key revenue from Property development segment which involves the development and sale of properties. Property investment segment involves the lease of investment properties and provision of property management service. The group principally operates in Mainland China.

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