New Media Lab (HKSE:01284) Receivables Turnover : 1.87 (As of Dec. 2024)

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What is New Media Lab 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. New Media Lab's Revenue for the six months ended in Dec. 2024 was HK$104.6 Mil. New Media Lab's average Accounts Receivable for the six months ended in Dec. 2024 was HK$55.8 Mil. Hence, New Media Lab's Receivables Turnover for the six months ended in Dec. 2024 was 1.87.

New Media Lab Receivables Turnover Historical Data

The historical data trend for New Media Lab'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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New Media Lab Receivables Turnover Chart

New Media Lab Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Dec24

Receivables Turnover

3.34

3.45

3.20

3.29

3.49

New Media Lab Semi-Annual Data
	Dec20	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24	Dec24
Receivables Turnover	Get a 7-Day Free Trial			1.90	1.61	2.02	1.73	1.87

Competitive Comparison of New Media Lab's Receivables Turnover

For the Advertising Agencies subindustry, New Media Lab'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.

New Media Lab's Receivables Turnover Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, New Media Lab's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where New Media Lab's Receivables Turnover falls into.

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New Media Lab Receivables Turnover Calculation

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

New Media Lab'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 )
=	207.227	/ (	(62.663	+	55.967)	/	2 )
=	207.227	/	59.315
=	3.49

New Media Lab'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 )
=	104.609	/ (	(55.702	+	55.967)	/	2 )
=	104.609	/	55.8345
=	1.87

New Media Lab (HKSE:01284) 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.

New Media Lab Receivables Turnover Related Terms

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New Media Lab Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » New Media Lab Ltd (HKSE:01284) » Definitions » Receivables Turnover

Comparable Companies

Traded in Other Exchanges

N/A

Address

77 Hoi Bun Road, 8 Floor, Tower 1, The Quayside, Kwun Tong, Kowloon, Hong Kong, HKG

Website

https://www.newmedialab.com.hk

New Media Lab Ltd is a digital media company, providing integrated advertising solutions to advertisers ranging from multi-national brand owners, and advertising agencies to SMEs through its Digital Media Platforms. The company produces and distributes content on diverse areas of interest under its different and popular media brands.

Executives

Yeung Ching Loong Alexander	2501 Other
Albert Yeung Investments Holdings Limited	2201 Interest of corporation controlled by you
First Trust Management Ag	2301 Trustee
Albert Yeung Holdings Limited	2201 Interest of corporation controlled by you
First Trust Services Ag	2301 Trustee
New Media Lab Group Holdings Limited	2101 Beneficial owner
Double Blossoms Limited	2101 Beneficial owner
Double Fantastic Group Limited	2101 Beneficial owner
Luk Siu Man, Semon	2202 Interest of your spouse
Yeung Sau Shing, Albert	2307 Founder of a discretionary trust who can infl
Lee Yat Pui, Royce	2201 Interest of corporation controlled by you
Lee Lan Kiu	2201 Interest of corporation controlled by you
Yau Yi Ping	2202 Interest of your spouse

New Media Lab Headlines

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