Fu Shek Financial Holdings (HKSE:02263) Receivables Turnover : 0.08 (As of Sep. 2024)

View and export this data going back to 2020. Start your Free Trial

What is Fu Shek Financial 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. Fu Shek Financial Holdings's Revenue for the six months ended in Sep. 2024 was HK$11.06 Mil. Fu Shek Financial Holdings's average Accounts Receivable for the six months ended in Sep. 2024 was HK$133.40 Mil. Hence, Fu Shek Financial Holdings's Receivables Turnover for the six months ended in Sep. 2024 was 0.08.

Fu Shek Financial Holdings Receivables Turnover Historical Data

The historical data trend for Fu Shek Financial 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.

Fu Shek Financial Holdings Receivables Turnover Chart

Fu Shek Financial Holdings Annual Data

Trend

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Receivables Turnover

Get a 7-Day Free Trial

0.29

0.15

0.13

0.14

0.25

Fu Shek Financial Holdings Semi-Annual Data
	Mar17	Mar18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23	Mar24	Sep24
Receivables Turnover	Get a 7-Day Free Trial									0.07	0.06	0.08	0.21	0.08

Competitive Comparison of Fu Shek Financial Holdings's Receivables Turnover

For the Capital Markets subindustry, Fu Shek Financial 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.

Fu Shek Financial Holdings's Receivables Turnover Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Fu Shek Financial Holdings's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Fu Shek Financial Holdings's Receivables Turnover falls into.

Save Embed

;

Save Embed

;

Fu Shek Financial Holdings Receivables Turnover Calculation

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

Fu Shek Financial 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 )
=	45.148	/ (	(240.224	+	124.078)	/	2 )
=	45.148	/	182.151
=	0.25

Fu Shek Financial 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 )
=	11.064	/ (	(124.078	+	142.712)	/	2 )
=	11.064	/	133.395
=	0.08

Fu Shek Financial Holdings (HKSE:02263) 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.

Fu Shek Financial Holdings Receivables Turnover Related Terms

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

Fu Shek Financial Holdings Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » Fu Shek Financial Holdings Ltd (HKSE:02263) » Definitions » Receivables Turnover

Comparable Companies

Traded in Other Exchanges

N/A

Address

182 Queen’s Road East, 28th Floor, Shun Feng International Centre, Wan Chai, Hong Kong, HKG

Website

https://www.hkfsfinance.com

Fu Shek Financial Holdings Ltd is a provider of financial services in Hong Kong. The company is engaged in four segments namely; the brokerage services segment; the margin financing services segment; the placing and underwriting services segment; and the asset management services segment. The company derives majority of its revenue from Margin financing services. The company generates all of its revenue from Hong-kong itself.

Executives

Man Chase Holdings Limited	2101 Beneficial owner
Keng Stephen Lee	2201 Interest of corporation controlled by you
Ng Hoi Shuen	2202 Interest of your spouse
Sze Mei Ngar Cindy	2202 Interest of your spouse
Yeung Lai Lai	2201 Interest of corporation controlled by you

Fu Shek Financial Holdings Headlines

No Headlines