Zhong Hua International Holdings (HKSE:01064) Receivables Turnover : 1.12 (As of Dec. 2024)

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What is Zhong Hua 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. Zhong Hua International Holdings's Revenue for the six months ended in Dec. 2024 was HK$14.26 Mil. Zhong Hua International Holdings's average Accounts Receivable for the six months ended in Dec. 2024 was HK$12.76 Mil. Hence, Zhong Hua International Holdings's Receivables Turnover for the six months ended in Dec. 2024 was 1.12.

Zhong Hua International Holdings Receivables Turnover Historical Data

The historical data trend for Zhong Hua 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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Zhong Hua International Holdings Receivables Turnover Chart

Zhong Hua International Holdings Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Receivables Turnover

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2.10

4.48

1.78

2.30

1.37

Zhong Hua International Holdings Semi-Annual Data
	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24	Dec24
Receivables Turnover	Get a 7-Day Free Trial															0.79	1.32	1.40	3.07	1.12

Competitive Comparison of Zhong Hua International Holdings's Receivables Turnover

For the Real Estate - Development subindustry, Zhong Hua 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.

Zhong Hua International Holdings's Receivables Turnover Distribution in the Real Estate Industry

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

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

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Zhong Hua International Holdings Receivables Turnover Calculation

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

Zhong Hua International Holdings's Receivables Turnover for the fiscal year that ended in Dec. 2024 is calculated as

	Receivables Turnover (A: Dec. 2024 )
=	Revenue	/	Average Total Inventories
=	Revenue (A: Dec. 2024 )	/ (	(Accounts Receivable (A: Dec. 2023 )	+	Accounts Receivable (A: Dec. 2024 ))	/	count )
=	28.52	/ (	(0	+	20.859)	/	1 )
=	28.52	/	20.859
=	1.37

Zhong Hua International Holdings's Receivables Turnover for the quarter that ended in Dec. 2024 is calculated as

	Receivables Turnover (Q: Dec. 2024 )
=	Revenue	/	Average Total Inventories
=	Revenue (Q: Dec. 2024 )	/ (	(Accounts Receivable (Q: Jun. 2024 )	+	Accounts Receivable (Q: Dec. 2024 ))	/	count )
=	14.261	/ (	(4.652	+	20.859)	/	2 )
=	14.261	/	12.7555
=	1.12

Zhong Hua International Holdings (HKSE:01064) 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.

Zhong Hua International Holdings Receivables Turnover Related Terms

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Zhong Hua International Holdings Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Zhong Hua International Holdings Ltd (HKSE:01064) » Definitions » Receivables Turnover

Traded in Other Exchanges

N/A

Address

168-200 Connaught Road Central, Suite 2911, West Tower, Shun Tak Centre, Central, Hong Kong, HKG

Website

https://www.zhonghuagroup.com

Zhong Hua International Holdings Ltd is an investment holding company. Through its subsidiaries, it is engaged in property development, holding, and management activity. The business activity of the group functions through the Property investment and development segment; and Corporate and other segments. The Property Investment and development segment is engaged in the investment in properties located in Mainland China to generate potential income from letting. The Corporate and Others segment is involved in the provision of management services to group companies. It derives key revenue from the Property investment and development segment. The group mainly derives revenue from customers based in Mainland China.

Executives

Liang Guifen
Ec Fair Limited
Ho Kam Hung
Ye Jia Li
Ho Tsam Hung
Ho Pak Hung
China Guangshi International Investment Holdings Co. Ltd.	2201 Interest of corporation controlled by you
Guangshi Harvest Limited	2101 Beneficial owner
Link Tide Investments Limited	2201 Interest of corporation controlled by you
Strong Hero Holdings Limited
Xie Xiaoxiang
Xin Jiang Guang Shi Han Hong Gu Quan Tou Zi Guan Li You Xian Gong Si	2201 Interest of corporation controlled by you

Zhong Hua International Holdings Headlines

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