Xuan Wu Cloud Technology Holdings (HKSE:02392) Receivables Turnover : 2.71 (As of Dec. 2023)

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What is Xuan Wu Cloud Technology 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. Xuan Wu Cloud Technology Holdings's Revenue for the six months ended in Dec. 2023 was HK$822 Mil. Xuan Wu Cloud Technology Holdings's average Accounts Receivable for the six months ended in Dec. 2023 was HK$304 Mil. Hence, Xuan Wu Cloud Technology Holdings's Receivables Turnover for the six months ended in Dec. 2023 was 2.71.

Xuan Wu Cloud Technology Holdings Receivables Turnover Historical Data

The historical data trend for Xuan Wu Cloud Technology 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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Xuan Wu Cloud Technology Holdings Receivables Turnover Chart

Xuan Wu Cloud Technology Holdings Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Receivables Turnover

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4.18

4.08

4.00

3.63

4.71

Xuan Wu Cloud Technology Holdings Semi-Annual Data
	Dec18	Dec19	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Receivables Turnover	Get a 7-Day Free Trial				2.16	1.56	1.99	1.79	2.71

Competitive Comparison of Xuan Wu Cloud Technology Holdings's Receivables Turnover

For the Software - Application subindustry, Xuan Wu Cloud Technology 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.

Xuan Wu Cloud Technology Holdings's Receivables Turnover Distribution in the Software Industry

For the Software industry and Technology sector, Xuan Wu Cloud Technology Holdings's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Xuan Wu Cloud Technology Holdings's Receivables Turnover falls into.

Xuan Wu Cloud Technology Holdings Receivables Turnover Calculation

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

Xuan Wu Cloud Technology Holdings'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 )
=	1401.433	/ (	(318.244	+	276.342)	/	2 )
=	1401.433	/	297.293
=	4.71

Xuan Wu Cloud Technology Holdings'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 )
=	821.77	/ (	(330.664	+	276.342)	/	2 )
=	821.77	/	303.503
=	2.71

Xuan Wu Cloud Technology Holdings (HKSE:02392) 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.

Xuan Wu Cloud Technology Holdings Receivables Turnover Related Terms

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Xuan Wu Cloud Technology Holdings (HKSE:02392) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Xuan Wu Cloud Technology Holdings Ltd (HKSE:02392) » Definitions » Receivables Turnover

Comparable Companies

Traded in Other Exchanges

N/A

Address

38 Haizhou Road, Room 904, 9th Floor, Haizhu District, Guangdong Province, Guangzhou, CHN

Website

https://www.wxchina.com

Xuan Wu Cloud Technology Holdings Ltd is an intelligent CRM services provider, providing CRM PaaS services and CRM SaaS services to clients. its CRM PaaS services mainly provide cPaaS to encapsulate messaging communication capabilities of the three telecommunication network operators for the customers to be integrated into the customer's business systems, thereby enabling the customers to access and utilize the communication capabilities as a service, and CRM SaaS services comprise of marketing cloud, sales cloud, and service cloud, which enable the Group to provide the customer with one-stop intelligent CRM services throughout their entire business cycle, from initial marketing to aftersales services.

Executives

Song Xiaohu	2201 Interest of corporation controlled by you
Bao Ya Ji Tuan Kong Gu You Xian Gong Si	2101 Beneficial owner
Zheng Hao Huan Qiu Kong Gu You Xian Gong Si	2101 Beneficial owner
Chen Yonghui	2201 Interest of corporation controlled by you
Shanghai Fosun Capital Investment Management Co., Ltd.
Guang Zhou Xuan Dong Tou Zi You Xian He Huo Qi Ye You Xian He Huo	2101 Beneficial owner
Shang Ying Huan Qiu You Xian Gong Si	2101 Beneficial owner
Hong Han Huan Qiu You Xian Gong Si	2101 Beneficial owner
Ge Ping	2501 Other
Shanghai Fosun Weishi Investment Management Co., Ltd.
Shanghai Fosun Industrial Investment Co., Ltd.
Shanghai Fosun High Technology (group) Co., Ltd.
Guo Guangchang
Fosun International Limited
Fosun International Holdings Ltd.

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