Ausupreme International Holdings (HKSE:02031) Receivables Turnover : 5.91 (As of Sep. 2024)

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What is Ausupreme 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. Ausupreme International Holdings's Revenue for the six months ended in Sep. 2024 was HK$126.5 Mil. Ausupreme International Holdings's average Accounts Receivable for the six months ended in Sep. 2024 was HK$21.4 Mil. Hence, Ausupreme International Holdings's Receivables Turnover for the six months ended in Sep. 2024 was 5.91.

Ausupreme International Holdings Receivables Turnover Historical Data

The historical data trend for Ausupreme 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.

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Ausupreme International Holdings Receivables Turnover Chart

Ausupreme International Holdings Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Receivables Turnover

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13.61

11.22

13.98

12.14

14.18

Ausupreme International 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															7.93	6.81	6.37	6.08	5.91

Competitive Comparison of Ausupreme International Holdings's Receivables Turnover

For the Household & Personal Products subindustry, Ausupreme 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.

Ausupreme International Holdings's Receivables Turnover Distribution in the Consumer Packaged Goods Industry

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

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

Ausupreme International Holdings Receivables Turnover Calculation

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

Ausupreme International 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 )
=	269.022	/ (	(16.772	+	21.163)	/	2 )
=	269.022	/	18.9675
=	14.18

Ausupreme International 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 )
=	126.54	/ (	(21.163	+	21.624)	/	2 )
=	126.54	/	21.3935
=	5.91

Ausupreme International Holdings (HKSE:02031) 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.

Ausupreme International Holdings Receivables Turnover Related Terms

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Ausupreme International Holdings Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Ausupreme International Holdings Ltd (HKSE:02031) » Definitions » Receivables Turnover

Comparable Companies

Traded in Other Exchanges

N/A

Address

83 Hung To Road, East Yingyou Plaza, Office E, 28th Floor, EGL Tower, Kwun Tong, Kowloon, Hong Kong, HKG

Website

https://www.ausupreme.com

Ausupreme International Holdings Ltd is principally a Hong Kong-based brand builder, retailer, and wholesaler of health and personal care products focusing on the development, marketing, sales, and distribution of branded products. The revenue is recognized from the sale of health supplement products, honey and pollen products, and personal care products. The vast majority is earned from the sale of health supplement products within Hong Kong.

Executives

Beatitudes International Ltd.	2101 Beneficial owner
Choy Chi Fai	2201 Interest of corporation controlled by you
Ho Ka Man	2201 Interest of corporation controlled by you
Gao Yuan	2101 Beneficial owner

Ausupreme International Holdings Headlines

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