Justin Allen Holdings (HKSE:01425) Receivables Turnover : 5.31 (As of Jun. 2024)

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What is Justin Allen 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. Justin Allen Holdings's Revenue for the six months ended in Jun. 2024 was HK$385 Mil. Justin Allen Holdings's average Accounts Receivable for the six months ended in Jun. 2024 was HK$73 Mil. Hence, Justin Allen Holdings's Receivables Turnover for the six months ended in Jun. 2024 was 5.31.

Justin Allen Holdings Receivables Turnover Historical Data

The historical data trend for Justin Allen 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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Justin Allen Holdings Receivables Turnover Chart

Justin Allen Holdings Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Receivables Turnover

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16.62

32.30

40.70

12.63

8.54

Justin Allen Holdings Semi-Annual Data
	Dec16	Dec17	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
Receivables Turnover	Get a 7-Day Free Trial									13.27	7.84	3.93	11.16	5.31

Competitive Comparison of Justin Allen Holdings's Receivables Turnover

For the Apparel Manufacturing subindustry, Justin Allen 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.

Justin Allen Holdings's Receivables Turnover Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Justin Allen Holdings's Receivables Turnover distribution charts can be found below:

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

Justin Allen Holdings Receivables Turnover Calculation

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

Justin Allen 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 )
=	1114.213	/ (	(155.733	+	105.137)	/	2 )
=	1114.213	/	130.435
=	8.54

Justin Allen 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 )
=	385.093	/ (	(105.137	+	39.962)	/	2 )
=	385.093	/	72.5495
=	5.31

Justin Allen Holdings (HKSE:01425) 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.

Justin Allen Holdings Receivables Turnover Related Terms

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Justin Allen Holdings Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Justin Allen Holdings Ltd (HKSE:01425) » Definitions » Receivables Turnover

Comparable Companies

Traded in Other Exchanges

N/A

Address

483A Castle Peak Road, 31st Floor, Excel Centre, Cheung Sha Wan, Hong Kong, HKG

Website

https://www.justinallengroup.com

Justin Allen Holdings Ltd engages in OEM garment manufacturing specializing in the production of sleepwear and loungewear products. The company offers one-stop apparel solutions comprising raw materials sourcing and greige fabric production, fabric design, and development, as well as fashion design. It derives revenue from manufacturing and sales of sleepwear products, loungewear products, and greige fabric. Its operations are spread across the United States of America, United Kingdom, Ireland, Canada, The PRC, Spain, and Cambodia.

Executives

Strategic King Holdings Limited	2101 Beneficial owner
Tam Kwok Pui	2201 Interest of corporation controlled by you
Yeung Suk Foon Paulina	2202 Interest of your spouse

Justin Allen Holdings Headlines

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