Universal Health International Group Holding (HKSE:02211) Receivables Turnover : 7.25 (As of Dec. 2023)

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What is Universal Health International Group Holding 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. Universal Health International Group Holding's Revenue for the six months ended in Dec. 2023 was HK$647 Mil. Universal Health International Group Holding's average Accounts Receivable for the six months ended in Dec. 2023 was HK$89 Mil. Hence, Universal Health International Group Holding's Receivables Turnover for the six months ended in Dec. 2023 was 7.25.

Universal Health International Group Holding Receivables Turnover Historical Data

The historical data trend for Universal Health International Group Holding'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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Universal Health International Group Holding Receivables Turnover Chart

Universal Health International Group Holding Annual Data

Trend

Dec12

Dec13

Dec14

Dec15

Dec16

Jun19

Jun20

Jun21

Jun22

Jun23

Receivables Turnover

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12.97

9.18

12.72

13.68

14.02

Universal Health International Group Holding Semi-Annual Data
	Jun13	Dec13	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Receivables Turnover	Get a 7-Day Free Trial															6.27	6.11	6.07	4.11	7.25

Competitive Comparison of Universal Health International Group Holding's Receivables Turnover

For the Pharmaceutical Retailers subindustry, Universal Health International Group Holding'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.

Universal Health International Group Holding's Receivables Turnover Distribution in the Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, Universal Health International Group Holding's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Universal Health International Group Holding's Receivables Turnover falls into.

Universal Health International Group Holding Receivables Turnover Calculation

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

Universal Health International Group Holding's Receivables Turnover for the fiscal year that ended in Jun. 2023 is calculated as

	Receivables Turnover (A: Jun. 2023 )
=	Revenue	/	Average Total Inventories
=	Revenue (A: Jun. 2023 )	/ (	(Accounts Receivable (A: Jun. 2022 )	+	Accounts Receivable (A: Jun. 2023 ))	/	count )
=	1418.673	/ (	(114.686	+	87.628)	/	2 )
=	1418.673	/	101.157
=	14.02

Universal Health International Group Holding'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 )
=	646.794	/ (	(87.628	+	90.799)	/	2 )
=	646.794	/	89.2135
=	7.25

Universal Health International Group Holding (HKSE:02211) 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.

Universal Health International Group Holding Receivables Turnover Related Terms

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Universal Health International Group Holding (HKSE:02211) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » Universal Health International Group Holding Ltd (HKSE:02211) » Definitions » Receivables Turnover

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 14-1, Bei Yi Zhong Road, Tiexi District, Liaoning Province, Shenyang, CHN

Website

http://www.uhighl.com

Universal Health International Group Holding Ltd distributes and retails pharmaceutical products in Northeast China. It sells prescription and OTC products, healthcare products, medical devices, and other personal and family care products. The company operates its business through two segments: Distributions and Retails, out of which, majority of revenue is earned by Distributions Segment.

Executives

Chu Chuanfu	2201 Interest of corporation controlled by you
Jin Dongtao	2201 Interest of corporation controlled by you
Asia Health Century International Inc.
Chen Xiaoyan
Global Health Century International Group Ltd.
Lee Funglun

Universal Health International Group Holding (HKSE:02211) Headlines

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