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AsiaInfo Technologies (HKSE:01675) Receivables Turnover : 3.25 (As of Dec. 2023)


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What is AsiaInfo Technologies 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. AsiaInfo Technologies's Revenue for the six months ended in Dec. 2023 was HK$5,041 Mil. AsiaInfo Technologies's average Accounts Receivable for the six months ended in Dec. 2023 was HK$1,551 Mil. Hence, AsiaInfo Technologies's Receivables Turnover for the six months ended in Dec. 2023 was 3.25.


AsiaInfo Technologies Receivables Turnover Historical Data

The historical data trend for AsiaInfo Technologies'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.

AsiaInfo Technologies Receivables Turnover Chart

AsiaInfo Technologies Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only 7.45 7.39 8.30 7.92 6.28

AsiaInfo Technologies Semi-Annual Data
Dec15 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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 4.90 3.47 4.34 2.55 3.25

Competitive Comparison of AsiaInfo Technologies's Receivables Turnover

For the Software - Application subindustry, AsiaInfo Technologies'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.


AsiaInfo Technologies's Receivables Turnover Distribution in the Software Industry

For the Software industry and Technology sector, AsiaInfo Technologies's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where AsiaInfo Technologies's Receivables Turnover falls into.



AsiaInfo Technologies Receivables Turnover Calculation

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

AsiaInfo Technologies'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 )
=8630.594 / ((1231.342 + 1515.704) / 2 )
=8630.594 / 1373.523
=6.28

AsiaInfo Technologies's Receivables Turnover for the quarter that ended in Dec. 2023 is calculated as

Receivables Turnover (Q: Dec. 2023 )
=Revenue / Average Total Inventories
=Revenue (Q: Dec. 2023 ) / ((Accounts Receivable (Q: Jun. 2023 ) + Accounts Receivable (Q: Dec. 2023 )) / count )
=5040.818 / ((1585.97 + 1515.704) / 2 )
=5040.818 / 1550.837
=3.25

* 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.


AsiaInfo Technologies  (HKSE:01675) 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.


AsiaInfo Technologies Receivables Turnover Related Terms

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AsiaInfo Technologies (HKSE:01675) Business Description

Traded in Other Exchanges
Address
Northwest Wang East Road, No.10 East, Yaxin Building, East District, Zhongguancun Software Park Phase II, Hai Dian District, Beijing, CHN, 100193
AsiaInfo Technologies Ltd is a provider of telecom software products and related service. The company's product portfolio currently consists of CRM, charging & billing, and big data products to IoT and intelligent network products. Its software products are deployed using an on-premises, project-based delivery model, and are accompanied by end-to-end, professional deployment services. It operates in two segments: Software business segment that comprises software products and related services; data-driven operation services; and others, including sale of third-party hardware and software, system integration services, business consulting services and corporate trainings. The Network security business segment engages in the provision of network security-related software products and services.
Executives
Ccp Ii Gp Ltd. 2201 Interest of corporation controlled by you
Bei Jing Ya Xin Xin Xing Zhe Zi Xun You Xian Ze Ren Gong Si 2201 Interest of corporation controlled by you
Asiainfo Security Technologies Company Limited 2101 Beneficial owner
Zhang Yichen 2201 Interest of corporation controlled by you
Trustar Capital Holdings Limited 2201 Interest of corporation controlled by you
Tian Suning 2201 Interest of corporation controlled by you
Skipper Investment Limited 2101 Beneficial owner
Cp Management Holdings Limited 2201 Interest of corporation controlled by you
Ccp Ltd. 2201 Interest of corporation controlled by you
Citic Capital China Partners Ii, L.p. 2201 Interest of corporation controlled by you
Citic Capital Holdings Limited 2201 Interest of corporation controlled by you
Power Joy (cayman) Limited 2201 Interest of corporation controlled by you
The Core Trust Company Limited 2501 Other
Noble (nominees) Limited 2302 Custodian
Sino Venture Capital 1 Vcc 2201 Interest of corporation controlled by you

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