GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Education » Tianli International Holdings Ltd (HKSE:01773) » Definitions » Receivables Turnover

Tianli International Holdings (HKSE:01773) Receivables Turnover : 64.14 (As of Feb. 2025)


View and export this data going back to 2018. Start your Free Trial

What is Tianli International 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. Tianli International Holdings's Revenue for the six months ended in Feb. 2025 was HK$2,007 Mil. Tianli International Holdings's average Accounts Receivable for the six months ended in Feb. 2025 was HK$31 Mil. Hence, Tianli International Holdings's Receivables Turnover for the six months ended in Feb. 2025 was 64.14.


Tianli International Holdings Receivables Turnover Historical Data

The historical data trend for Tianli International 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.

Tianli International Holdings Receivables Turnover Chart

Tianli International Holdings Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Aug22 Aug23 Aug24
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only 847.48 479.98 150.82 156.77 185.33

Tianli International Holdings Semi-Annual Data
Dec15 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Feb22 Aug22 Feb23 Aug23 Feb24 Aug24 Feb25
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 96.73 101.44 82.18 82.12 64.14

Competitive Comparison of Tianli International Holdings's Receivables Turnover

For the Education & Training Services subindustry, Tianli International 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.


Tianli International Holdings's Receivables Turnover Distribution in the Education Industry

For the Education industry and Consumer Defensive sector, Tianli International Holdings's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Tianli International Holdings's Receivables Turnover falls into.


;
;

Tianli International Holdings Receivables Turnover Calculation

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

Tianli International Holdings's Receivables Turnover for the fiscal year that ended in Aug. 2024 is calculated as

Receivables Turnover (A: Aug. 2024 )
=Revenue / Average Total Inventories
=Revenue (A: Aug. 2024 ) / ((Accounts Receivable (A: Aug. 2023 ) + Accounts Receivable (A: Aug. 2024 )) / count )
=3622.299 / ((19.061 + 20.029) / 2 )
=3622.299 / 19.545
=185.33

Tianli International Holdings's Receivables Turnover for the quarter that ended in Feb. 2025 is calculated as

Receivables Turnover (Q: Feb. 2025 )
=Revenue / Average Total Inventories
=Revenue (Q: Feb. 2025 ) / ((Accounts Receivable (Q: Aug. 2024 ) + Accounts Receivable (Q: Feb. 2025 )) / count )
=2007.209 / ((20.029 + 42.557) / 2 )
=2007.209 / 31.293
=64.14

* 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.


Tianli International Holdings  (HKSE:01773) 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.


Tianli International Holdings Receivables Turnover Related Terms

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


Tianli International Holdings Business Description

Traded in Other Exchanges
N/A
Address
Qingyang Industrial Zone, Tower T25, Sichuan Province, Chengdu, CHN
Tianli International Holdings Ltd operates as a private education service provider in Western China. The Company provides clients with integrated education management and diversified services. Its services mainly include comprehensive education services, training services, study trip services, early childhood education services, canteen operations, management and franchise, as well as supply chain management services. The Company also offers extracurricular programs in music, arts, physical education and languages, as well as licensing rights to its brands for early childhood centers. Geographically, it derives revenue from PRC.
Executives
First Beijing Investment Limited 2102 Investment manager
Norges Bank 2101 Beneficial owner
Luo Shi 2201 Interest of corporation controlled by you
Tu Mengxuan 2202 Interest of your spouse
Sky Elite Limited 2101 Beneficial owner
Tct (bvi) Limited 2501 Other
The Core Trust Company Limited 2301 Trustee

Tianli International Holdings Headlines

No Headlines