Beijing Sports and Entertainment Industry Group (HKSE:01803) Receivables Turnover : 5.51 (As of Dec. 2024)

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What is Beijing Sports and Entertainment Industry 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. Beijing Sports and Entertainment Industry Group's Revenue for the six months ended in Dec. 2024 was HK$114.9 Mil. Beijing Sports and Entertainment Industry Group's average Accounts Receivable for the six months ended in Dec. 2024 was HK$20.9 Mil. Hence, Beijing Sports and Entertainment Industry Group's Receivables Turnover for the six months ended in Dec. 2024 was 5.51.

Beijing Sports and Entertainment Industry Group Receivables Turnover Historical Data

The historical data trend for Beijing Sports and Entertainment Industry 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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Beijing Sports and Entertainment Industry Group Receivables Turnover Chart

Beijing Sports and Entertainment Industry Group Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Receivables Turnover

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1.59

4.25

3.04

5.75

9.02

Beijing Sports and Entertainment Industry Group Semi-Annual Data
	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24	Dec24
Receivables Turnover	Get a 7-Day Free Trial															3.03	4.36	1.54	3.97	5.51

Competitive Comparison of Beijing Sports and Entertainment Industry Group's Receivables Turnover

For the Leisure subindustry, Beijing Sports and Entertainment Industry 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.

Beijing Sports and Entertainment Industry Group's Receivables Turnover Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Beijing Sports and Entertainment Industry Group's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Beijing Sports and Entertainment Industry Group's Receivables Turnover falls into.

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Beijing Sports and Entertainment Industry Group Receivables Turnover Calculation

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

Beijing Sports and Entertainment Industry 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 )
=	169.653	/ (	(11.717	+	25.91)	/	2 )
=	169.653	/	18.8135
=	9.02

Beijing Sports and Entertainment Industry 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 )
=	114.905	/ (	(15.831	+	25.91)	/	2 )
=	114.905	/	20.8705
=	5.51

Beijing Sports and Entertainment Industry Group (HKSE:01803) 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.

Beijing Sports and Entertainment Industry Group Receivables Turnover Related Terms

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Beijing Sports and Entertainment Industry Group Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Beijing Sports and Entertainment Industry Group Ltd (HKSE:01803) » Definitions » Receivables Turnover

Comparable Companies

Traded in Other Exchanges

N/A

Address

111 Queen’s Road East, Room 101, 5th Floor, Greatmany Centre, Wanchai, Hong Kong, HKG

Website

https://www.bsehk.com

Beijing Sports and Entertainment Industry Group Ltd, along with its subsidiaries is engaged in the provision of air freight services in the wholesale market, and investment and operation of the sports and entertainment related business in the People's Republic of China (PRC). The company's segment includes Sports and entertainment and Others. It generates maximum revenue from Sports and entertainment segment. Geographically, it derives revenue from Mainland China.

Executives

Hollyview International Limited	2101 Beneficial owner
Hu Yebi	2201 Interest of corporation controlled by you
Beijing Enterprises Medical And Health Industry Group Limited	2101 Beneficial owner
Central Huijin Investment Ltd.	2106 Person having a security interest in shares
China Construction Bank Corporation	2106 Person having a security interest in shares
Pieta Investment Limited	2101 Beneficial owner
Han Jun	2101 Beneficial owner
Mass Talent Financial Limited	2101 Beneficial owner
Niu Zhongjie	2101 Beneficial owner

Beijing Sports and Entertainment Industry Group Headlines

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