Da Sen Holdings Group (HKSE:01580) Receivables Turnover : 0.66 (As of Sep. 2024)

View and export this data going back to 2016. Start your Free Trial

What is Da Sen Holdings 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. Da Sen Holdings Group's Revenue for the six months ended in Sep. 2024 was HK$18.26 Mil. Da Sen Holdings Group's average Accounts Receivable for the six months ended in Sep. 2024 was HK$27.72 Mil. Hence, Da Sen Holdings Group's Receivables Turnover for the six months ended in Sep. 2024 was 0.66.

Da Sen Holdings Group Receivables Turnover Historical Data

The historical data trend for Da Sen Holdings 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.

* Premium members only.

Da Sen Holdings Group Receivables Turnover Chart

Da Sen Holdings Group Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Mar24

Receivables Turnover

Get a 7-Day Free Trial

2.56

1.67

1.39

2.19

0.22

Da Sen Holdings Group Semi-Annual Data
	Dec13	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Sep23	Mar24	Sep24
Receivables Turnover	Get a 7-Day Free Trial															1.15	0.49	0.17	0.02	0.66

Competitive Comparison of Da Sen Holdings Group's Receivables Turnover

For the Lumber & Wood Production subindustry, Da Sen Holdings 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.

Da Sen Holdings Group's Receivables Turnover Distribution in the Forest Products Industry

For the Forest Products industry and Basic Materials sector, Da Sen Holdings Group's Receivables Turnover distribution charts can be found below:

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

Save Embed

;

Save Embed

;

Da Sen Holdings Group Receivables Turnover Calculation

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

Da Sen Holdings Group'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: Dec. 2021 )	+	Accounts Receivable (A: Mar. 2024 ))	/	count )
=	12.613	/ (	(87.733	+	26.582)	/	2 )
=	12.613	/	57.1575
=	0.22

Da Sen Holdings Group'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 )
=	18.26	/ (	(26.582	+	28.864)	/	2 )
=	18.26	/	27.723
=	0.66

Da Sen Holdings Group (HKSE:01580) 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.

Da Sen Holdings Group Receivables Turnover Related Terms

Thank you for viewing the detailed overview of Da Sen Holdings Group's Receivables Turnover provided by GuruFocus.com. Please click on the following links to see related term pages.

Da Sen Holdings Group Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Forest Products » Da Sen Holdings Group Ltd (HKSE:01580) » Definitions » Receivables Turnover

Comparable Companies

Traded in Other Exchanges

N/A

Address

Economic Development Zone, Sunsi Town, Chengwu, Shandong, CHN

Website

http://www.msdscn.com

Da Sen Holdings Group Ltd is an investment holding company. The principal business is the manufacture and sale of plywood products and biomass wood pellets. The company mainly operates through two segments, Manufacturing and sales of plywood and Leasing activities. The highest revenue is generated from the sales of the Plywood segment. The group's operations are located in the PRC.

Executives

Wong Tseng Hon	2101 Beneficial owner
Chai Kaw Sing	2202 Interest of your spouse
Leung Leung Wing Yee Winnie	2104 Agent
Zhang Ayang	2202 Interest of your spouse
Wang Songmao	2101 Beneficial owner
Wu Haiyan	2401 A concert party to an agreement to buy shares
Wu Shican	2401 A concert party to an agreement to buy shares
Ke Mingcai	2401 A concert party to an agreement to buy shares
Lin Qingxiong

Da Sen Holdings Group Headlines

No Headlines