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Kai Yuan Holdings (HKSE:01215) Receivables Turnover : 11.14 (As of Dec. 2023)


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What is Kai Yuan 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. Kai Yuan Holdings's Revenue for the six months ended in Dec. 2023 was HK$158.5 Mil. Kai Yuan Holdings's average Accounts Receivable for the six months ended in Dec. 2023 was HK$14.2 Mil. Hence, Kai Yuan Holdings's Receivables Turnover for the six months ended in Dec. 2023 was 11.14.


Kai Yuan Holdings Receivables Turnover Historical Data

The historical data trend for Kai Yuan 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.

Kai Yuan Holdings Receivables Turnover Chart

Kai Yuan Holdings Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 14.65 2.95 20.69 18.44 23.81

Kai Yuan Holdings Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 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 32.48 5.38 8.85 9.64 11.14

Competitive Comparison of Kai Yuan Holdings's Receivables Turnover

For the Lodging subindustry, Kai Yuan 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.


Kai Yuan Holdings's Receivables Turnover Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Kai Yuan Holdings's Receivables Turnover distribution charts can be found below:

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



Kai Yuan Holdings Receivables Turnover Calculation

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

Kai Yuan 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 )
=293.62 / ((12.111 + 12.553) / 2 )
=293.62 / 12.332
=23.81

Kai Yuan 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 )
=158.544 / ((15.9 + 12.553) / 2 )
=158.544 / 14.2265
=11.14

* 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.


Kai Yuan Holdings  (HKSE:01215) 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.


Kai Yuan Holdings Receivables Turnover Related Terms

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Kai Yuan Holdings (HKSE:01215) Business Description

Traded in Other Exchanges
N/A
Address
178 Gloucester Road, 28th Floor, Chinachem Century Tower, Wanchai, Hong Kong, HKG
Kai Yuan Holdings Ltd is an investment holding company. The company is organized into two segments - the Hotel Operation segment engaged in the operation of hotel businesses in Hong Kong and France, and the Money-Lending segment engaged in providing mortgage loans in Hong Kong. It generates maximum revenue from the hotel operation segment.

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