Shanghai Gench Education Group (HKSE:01525) Receivables Turnover : 44.73 (As of Dec. 2024)

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What is Shanghai Gench Education Group 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. Shanghai Gench Education Group's Revenue for the six months ended in Dec. 2024 was HK$464 Mil. Shanghai Gench Education Group's average Accounts Receivable for the six months ended in Dec. 2024 was HK$10 Mil. Hence, Shanghai Gench Education Group's Receivables Turnover for the six months ended in Dec. 2024 was 44.73.

Shanghai Gench Education Group Receivables Turnover Historical Data

The historical data trend for Shanghai Gench Education Group'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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Shanghai Gench Education Group Receivables Turnover Chart

Shanghai Gench Education Group Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Receivables Turnover

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135.52

156.15

104.81

97.96

89.92

Shanghai Gench Education Group Semi-Annual Data
	Dec16	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24	Dec24
Receivables Turnover	Get a 7-Day Free Trial											45.72	52.98	46.22	61.71	44.73

Competitive Comparison of Shanghai Gench Education Group's Receivables Turnover

For the Education & Training Services subindustry, Shanghai Gench Education Group'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.

Shanghai Gench Education Group's Receivables Turnover Distribution in the Education Industry

For the Education industry and Consumer Defensive sector, Shanghai Gench Education Group's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Shanghai Gench Education Group's Receivables Turnover falls into.

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Shanghai Gench Education Group Receivables Turnover Calculation

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

Shanghai Gench Education Group'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 )
=	1035.486	/ (	(10.489	+	12.543)	/	2 )
=	1035.486	/	11.516
=	89.92

Shanghai Gench Education Group'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 )
=	463.818	/ (	(8.194	+	12.543)	/	2 )
=	463.818	/	10.3685
=	44.73

Shanghai Gench Education Group (HKSE:01525) 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.

Shanghai Gench Education Group Receivables Turnover Related Terms

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Shanghai Gench Education Group Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Education » Shanghai Gench Education Group Ltd (HKSE:01525) » Definitions » Receivables Turnover

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 1111, Huchenghuan Road, Pudong New Area, Shanghai, CHN

Website

http://www.genchedugroup.com

Shanghai Gench Education Group Ltd and its subsidiaries are engaged in providing undergraduate education and junior college educations. The group generates its revenue from tuition fees, boarding fees, and other education-related services. Geographically, the company generates all of its revenue from the People's Republic of China.

Executives

Jong Yat Kit (in The Capacity As The Receiver)	2201 Interest of corporation controlled by you
So Man Chun (in The Capacity As The Receiver)	2201 Interest of corporation controlled by you
Everone (hong Kong) Company Limited	2101 Beneficial owner
Zhou Xingzeng
Zheng Xiangzhan
Ai Xin Limited	2101 Beneficial owner
Zhao Donghui	2201 Interest of corporation controlled by you
Changjiu Industrial Group Co., Ltd.	2201 Interest of corporation controlled by you
Fwin Limited	2101 Beneficial owner
Hangzhou Changqi Enterprise Management Consulting Partnership (limited Partnership)	2201 Interest of corporation controlled by you
Shanghai Jiuhao Enterprise Management Consulting Co., Ltd.	2201 Interest of corporation controlled by you
Ze Ren Limited	2101 Beneficial owner
Xia Men Guo Mao Jiao Yu Ji Tuan You Xian Gong Si	2101 Beneficial owner

Shanghai Gench Education Group Headlines

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