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K. H. Group Holdings (HKSE:01557) Receivables Turnover : 3.39 (As of Sep. 2024)


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What is K. H. 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. K. H. Group Holdings's Revenue for the six months ended in Sep. 2024 was HK$75.1 Mil. K. H. Group Holdings's average Accounts Receivable for the six months ended in Sep. 2024 was HK$22.1 Mil. Hence, K. H. Group Holdings's Receivables Turnover for the six months ended in Sep. 2024 was 3.39.

K. H. Group Holdings Receivables Turnover Historical Data

The historical data trend for K. H. 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.

* Premium members only.

K. H. Group Holdings Receivables Turnover Chart

K. H. Group Holdings Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 13.19 15.22 8.53 4.94 9.55

K. H. 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 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 2.29 7.26 2.54 2.30 3.39

Competitive Comparison of K. H. Group Holdings's Receivables Turnover

For the Engineering & Construction subindustry, K. H. 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.

K. H. Group Holdings's Receivables Turnover Distribution in the Construction Industry

For the Construction industry and Industrials sector, K. H. Group Holdings's Receivables Turnover distribution charts can be found below:

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


K. H. Group Holdings Receivables Turnover Calculation

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

K. H. 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 )
=175.174 / ((4.729 + 31.942) / 2 )
=175.174 / 18.3355
=9.55

K. H. Group Holdings's Receivables Turnover for the quarter that ended in Sep. 2024 is calculated as

Receivables Turnover (Q: Sep. 2024 )
=Revenue / Average Total Inventories
=Revenue (Q: Sep. 2024 ) / ((Accounts Receivable (Q: Mar. 2024 ) + Accounts Receivable (Q: Sep. 2024 )) / count )
=75.068 / ((31.942 + 12.357) / 2 )
=75.068 / 22.1495
=3.39

* 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.

K. H. Group Holdings  (HKSE:01557) 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.

K. H. Group Holdings Receivables Turnover Related Terms

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K. H. Group Holdings Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Construction » K. H. Group Holdings Ltd (HKSE:01557) » Definitions » Receivables Turnover
Comparable Companies
HKSE:02193 HKSE:08523 HKSE:01547 HKSE:06063 HKSE:01746 HKSE:01793 HKSE:06038 HKSE:01987 HKSE:00589 HKSE:09998 XPAR:DG NSE:LT SHSE:601668 PWR SHSE:601390 J TSX:WSP HKSE:01800 SHSE:601186 XKRX:028260
Traded in Other Exchanges
N/A
Address
1 Austin Road West, Unit 01, 86th Floor, International Commerce Centre, Kowloon, Hong Kong, HKG
Website
http://www.kh-holdings.com
K. H. Group Holdings Ltd is principally engaged in the provision of foundation and construction services and the leasing of machinery in Hong Kong. The organization operates through two segments namely Foundation and Construction and the majority of the revenue comes from the same segments.
Executives
Chen Rongsheng 2201 Interest of corporation controlled by you
Sendlink Ltd 2201 Interest of corporation controlled by you
Blessing Well Enterprise Limited 2101 Beneficial owner

K. H. Group Holdings Headlines

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