Fulum Group Holdings (HKSE:01443) Receivables Turnover : 42.86 (As of Mar. 2024)

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What is Fulum Group 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. Fulum Group Holdings's Revenue for the six months ended in Mar. 2024 was HK$947 Mil. Fulum Group Holdings's average Accounts Receivable for the six months ended in Mar. 2024 was HK$22 Mil. Hence, Fulum Group Holdings's Receivables Turnover for the six months ended in Mar. 2024 was 42.86.

Fulum Group Holdings Receivables Turnover Historical Data

The historical data trend for Fulum Group 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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Fulum Group Holdings Receivables Turnover Chart

Fulum Group Holdings Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Receivables Turnover

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111.99

125.85

145.05

150.15

131.73

Fulum Group Holdings Semi-Annual Data
	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23	Mar24	Sep24
Receivables Turnover	Get a 7-Day Free Trial															61.32	69.53	46.54	42.86	55.69

Competitive Comparison of Fulum Group Holdings's Receivables Turnover

For the Restaurants subindustry, Fulum Group 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.

Fulum Group Holdings's Receivables Turnover Distribution in the Restaurants Industry

For the Restaurants industry and Consumer Cyclical sector, Fulum Group Holdings's Receivables Turnover distribution charts can be found below:

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

Fulum Group Holdings Receivables Turnover Calculation

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

Fulum Group Holdings's Receivables Turnover for the fiscal year that ended in Mar. 2024 is calculated as

	Receivables Turnover (A: Mar. 2024 )
=	Revenue	/	Average Total Inventories
=	Revenue (A: Mar. 2024 )	/ (	(Accounts Receivable (A: Mar. 2023 )	+	Accounts Receivable (A: Mar. 2024 ))	/	count )
=	1841.212	/ (	(11.077	+	16.877)	/	2 )
=	1841.212	/	13.977
=	131.73

Fulum Group Holdings's Receivables Turnover for the quarter that ended in Mar. 2024 is calculated as

	Receivables Turnover (Q: Mar. 2024 )
=	Revenue	/	Average Total Inventories
=	Revenue (Q: Mar. 2024 )	/ (	(Accounts Receivable (Q: Sep. 2023 )	+	Accounts Receivable (Q: Mar. 2024 ))	/	count )
=	947.38	/ (	(27.332	+	16.877)	/	2 )
=	947.38	/	22.1045
=	42.86

Fulum Group Holdings (HKSE:01443) 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.

Fulum Group Holdings Receivables Turnover Related Terms

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Fulum Group Holdings Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Restaurants » Fulum Group Holdings Ltd (HKSE:01443) » Definitions » Receivables Turnover

Comparable Companies

Traded in Other Exchanges

N/A

Address

38 Wai Yip Street, 26th Floor, Capital Tower, Kowloon Bay, Hong Kong, HKG

Website

http://www.fulumgroup.com

Fulum Group Holdings Ltd is an investment holding company. The company is principally engaged in restaurant operations in Hong Kong and Mainland China. It is also involved in the production, sale, and distribution of food products related to restaurant operations. Geographically, the company generates revenue from Hong Kong and PRC, it derives a majority of its revenue from Hong Kong. It generates maximum revenue from Restaurant operations.

Executives

Hui Lin Na	2202 Interest of your spouse
Lam Man Ki Elane	2202 Interest of your spouse
Yeung Wai	2101 Beneficial owner
Yeung Yun Chuen	2101 Beneficial owner
Yeung Yun Kei	2101 Beneficial owner
Yung Yuk Ling	2202 Interest of your spouse
Leung Siu Kuen	2202 Interest of your spouse
Leung Siu Sun	2101 Beneficial owner

Fulum Group Holdings Headlines

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