Sinolink Worldwide Holdings (HKSE:01168) Receivables Turnover : 1.52 (As of Jun. 2024)

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What is Sinolink Worldwide 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. Sinolink Worldwide Holdings's Revenue for the six months ended in Jun. 2024 was HK$179.8 Mil. Sinolink Worldwide Holdings's average Accounts Receivable for the six months ended in Jun. 2024 was HK$118.1 Mil. Hence, Sinolink Worldwide Holdings's Receivables Turnover for the six months ended in Jun. 2024 was 1.52.

Sinolink Worldwide Holdings Receivables Turnover Historical Data

The historical data trend for Sinolink Worldwide 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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Sinolink Worldwide Holdings Receivables Turnover Chart

Sinolink Worldwide Holdings Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Receivables Turnover

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24.22

5.93

4.92

7.73

5.51

Sinolink Worldwide Holdings Semi-Annual Data
	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
Receivables Turnover	Get a 7-Day Free Trial															4.30	5.02	3.92	2.64	1.52

Competitive Comparison of Sinolink Worldwide Holdings's Receivables Turnover

For the Real Estate - Diversified subindustry, Sinolink Worldwide 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.

Sinolink Worldwide Holdings's Receivables Turnover Distribution in the Real Estate Industry

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

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

Sinolink Worldwide Holdings Receivables Turnover Calculation

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

Sinolink Worldwide 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 )
=	360.813	/ (	(44.975	+	86.108)	/	2 )
=	360.813	/	65.5415
=	5.51

Sinolink Worldwide Holdings's Receivables Turnover for the quarter that ended in Jun. 2024 is calculated as

	Receivables Turnover (Q: Jun. 2024 )
=	Revenue	/	Average Total Inventories
=	Revenue (Q: Jun. 2024 )	/ (	(Accounts Receivable (Q: Dec. 2023 )	+	Accounts Receivable (Q: Jun. 2024 ))	/	count )
=	179.83	/ (	(86.108	+	150.035)	/	2 )
=	179.83	/	118.0715
=	1.52

Sinolink Worldwide Holdings (HKSE:01168) 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.

Sinolink Worldwide Holdings Receivables Turnover Related Terms

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Sinolink Worldwide Holdings Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Sinolink Worldwide Holdings Ltd (HKSE:01168) » Definitions » Receivables Turnover

Traded in Other Exchanges

SNLKF:USA

Address

199 Des Voeux Road Central, 28th Floor, Infinitus Plaza, Hong Kong, HKG

Website

http://www.sinolinkhk.com

Sinolink Worldwide Holdings Ltd is an investment holding company engaged in property-related business. The operating segments of the company are 1) Property development segment includes property development and sale of properties; 2) Property investment segment includes property leasing; 3) Property management segment includes provision of property management services; 4) Financing services segment includes provision of efficient financial leasing solutions and multiple consultancy services; 5) Others segment includes Income from operating hotel and primary school and provision of project management services.

Executives

Cheung Loi Ping
Ou Yaping	2101 Beneficial owner
Asia Pacific Promotion Limited	2101 Beneficial owner

Sinolink Worldwide Holdings Headlines

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