Strawbear Entertainment Group (HKSE:02125) Receivables Turnover : 1.13 (As of Jun. 2024)

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What is Strawbear Entertainment 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. Strawbear Entertainment Group's Revenue for the six months ended in Jun. 2024 was HK$912 Mil. Strawbear Entertainment Group's average Accounts Receivable for the six months ended in Jun. 2024 was HK$806 Mil. Hence, Strawbear Entertainment Group's Receivables Turnover for the six months ended in Jun. 2024 was 1.13.

Strawbear Entertainment Group Receivables Turnover Historical Data

The historical data trend for Strawbear Entertainment 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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Strawbear Entertainment Group Receivables Turnover Chart

Strawbear Entertainment Group Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Receivables Turnover

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2.11

2.99

1.59

1.66

1.80

Strawbear Entertainment Group Semi-Annual Data
	Dec17	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24	Dec24
Receivables Turnover	Get a 7-Day Free Trial									1.01	0.99	0.73	1.13	0.34

Competitive Comparison of Strawbear Entertainment Group's Receivables Turnover

For the Entertainment subindustry, Strawbear Entertainment 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.

Strawbear Entertainment Group's Receivables Turnover Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Strawbear Entertainment Group's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Strawbear Entertainment Group's Receivables Turnover falls into.

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Strawbear Entertainment Group Receivables Turnover Calculation

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

Strawbear Entertainment Group'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 )
=	919.499	/ (	(502.472	+	606.586)	/	2 )
=	919.499	/	554.529
=	1.66

Strawbear Entertainment Group's Receivables Turnover for the quarter that ended in Jun. 2024 is calculated as

	Receivables Turnover (Q: Jun. 2024 )
=	Revenue	/	Average Total Inventories
=	Revenue (Q: Jun. 2024 )	/ (	(Accounts Receivable (Q: Dec. 2023 )	+	Accounts Receivable (Q: Jun. 2024 ))	/	count )
=	911.775	/ (	(606.586	+	1005.03)	/	2 )
=	911.775	/	805.808
=	1.13

Strawbear Entertainment Group (HKSE:02125) 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.

Strawbear Entertainment Group Receivables Turnover Related Terms

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Strawbear Entertainment Group Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Strawbear Entertainment Group (HKSE:02125) » Definitions » Receivables Turnover

Comparable Companies

Traded in Other Exchanges

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Address

No. 98, Jiangdong Zhong Road, Room 2508, Building A, Wanda Plaza, Jianye District, Jiangsu, Nanjing, CHN

Website

https://www.strawbearentertainment.com

Strawbear Entertainment Group is one of the drama series producers and distributors in China, covering the investment, development, production, and distribution of TV series and web series. The revenue is mostly generated from licensing the broadcasting rights of self-produced drama series to TV channels, online video platforms, or third-party distributors; licensing the broadcasting rights of outright-purchased drama series from online video platforms or drama series producers to TV channels, third-party distributors or online video platforms; and production services for made-to-order drama series per online video platforms' orders. the company earns its revenue from mainland china.

Executives

Liu Xiaofeng	2307 Founder of a discretionary trust who can infl
Master Sagittarius Holding Limited	2305 Beneficiary of a trust
Vistra Trust (hong Kong) Limited	2301 Trustee
Success Tale Enterprises Limited	2201 Interest of corporation controlled by you
Iqiyi, Inc.	2201 Interest of corporation controlled by you
Gorgeous Horizon Limited	2101 Beneficial owner
Ma Sean	2201 Interest of corporation controlled by you
Snow Lake Management Lp	2102 Investment manager
Snow Lake Management Llc	2201 Interest of corporation controlled by you
Snow Lake Capital (hk) Limited	2102 Investment manager
Snow Lake China Offshore Fund, Ltd.	2201 Interest of corporation controlled by you
Snow Lake China Master Fund, Ltd.	2101 Beneficial owner
Vistra Trust (singapore) Pte. Limited
Li Yanhong	2201 Interest of corporation controlled by you
Baidu, Inc.	2201 Interest of corporation controlled by you

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