InvesTech Holdings (HKSE:01087) Receivables Turnover : 1.70 (As of Dec. 2024)

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What is InvesTech 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. InvesTech Holdings's Revenue for the six months ended in Dec. 2024 was HK$254.9 Mil. InvesTech Holdings's average Accounts Receivable for the six months ended in Dec. 2024 was HK$150.1 Mil. Hence, InvesTech Holdings's Receivables Turnover for the six months ended in Dec. 2024 was 1.70.

InvesTech Holdings Receivables Turnover Historical Data

The historical data trend for InvesTech 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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InvesTech Holdings Receivables Turnover Chart

InvesTech Holdings Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Receivables Turnover

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2.46

2.58

2.38

2.65

3.22

InvesTech 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															1.55	1.15	1.67	1.41	1.70

Competitive Comparison of InvesTech Holdings's Receivables Turnover

For the Communication Equipment subindustry, InvesTech 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.

InvesTech Holdings's Receivables Turnover Distribution in the Hardware Industry

For the Hardware industry and Technology sector, InvesTech Holdings's Receivables Turnover distribution charts can be found below:

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

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InvesTech Holdings Receivables Turnover Calculation

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

InvesTech 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 )
=	497.568	/ (	(178.157	+	131.311)	/	2 )
=	497.568	/	154.734
=	3.22

InvesTech 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 )
=	254.89	/ (	(168.91	+	131.311)	/	2 )
=	254.89	/	150.1105
=	1.70

InvesTech Holdings (HKSE:01087) 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.

InvesTech Holdings Receivables Turnover Related Terms

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InvesTech Holdings Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » InvesTech Holdings Ltd (HKSE:01087) » Definitions » Receivables Turnover

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 1 East Chang An Avenue, Room 1907-1909, 19th Floor, Tower E2, Oriental Plaza, Dong Cheng District, Beijing, CHN

Website

http://www.investech-holdings.com

InvesTech Holdings Ltd is mainly engaged in the provision of network system integration including the provision of network infrastructure solutions, network professional services and smart office software solutions, and network equipment rental business. The company generates maximum revenue from the PRC.

Executives

Wang Fang	2201 Interest of corporation controlled by you
Smoothly Global Holdings Limited	2101 Beneficial owner
Chan Sek Keung Ringo	2101 Beneficial owner
Tin Yat Yu Carol (formerly Known As Yuen Sin Carol)	2101 Beneficial owner
Wong Tai Kuen	2101 Beneficial owner

InvesTech Holdings Headlines

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