Powerwin Tech Group (HKSE:02405) Receivables Turnover : 0.00 (As of Dec. 2023)

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What is Powerwin Tech 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. Powerwin Tech Group's Revenue for the three months ended in Dec. 2023 was HK$0.00 Mil. Powerwin Tech Group's average Accounts Receivable for the three months ended in Dec. 2023 was HK$1,274.35 Mil.

Powerwin Tech Group Receivables Turnover Historical Data

The historical data trend for Powerwin Tech 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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Powerwin Tech Group Receivables Turnover Chart

Powerwin Tech Group Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Receivables Turnover

0.10

0.13

0.14

Powerwin Tech Group Quarterly Data
	Dec19	Dec20	Sep21	Dec21	Jun22	Sep22	Dec22	Jun23	Dec23
Receivables Turnover	Get a 7-Day Free Trial				-	0.05	0.06	-	-

Competitive Comparison of Powerwin Tech Group's Receivables Turnover

For the Advertising Agencies subindustry, Powerwin Tech 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.

Powerwin Tech Group's Receivables Turnover Distribution in the Media - Diversified Industry

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

* The bar in red indicates where Powerwin Tech Group's Receivables Turnover falls into.

Powerwin Tech Group Receivables Turnover Calculation

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

Powerwin Tech 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 )
=	167.942	/ (	(841.002	+	1538.304)	/	2 )
=	167.942	/	1189.653
=	0.14

Powerwin Tech Group'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 )
=	0	/ (	(1010.387	+	1538.304)	/	2 )
=	0	/	1274.3455
=	N/A

Powerwin Tech Group (HKSE:02405) 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.

Powerwin Tech Group Receivables Turnover Related Terms

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Powerwin Tech Group (HKSE:02405) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Powerwin Tech Group Ltd (HKSE:02405) » Definitions » Receivables Turnover

Comparable Companies

Traded in Other Exchanges

N/A

Address

348 Kwun Tong Road, 5th Floor, Manulife Place, Kowloon, Hong Kong, HKG

Website

https://www.empowerwin.com

Powerwin Tech Group Ltd is a cross-border digital marketing service provider in China. It covers mainstream media platforms such as Facebook, Instagram, Messenger, Google, Twitter, TikTok, YouTube, Snapchat, and Pinterest, providing customers with diversified and full-link cross-border digital marketing services and online shop SaaS solutions.

Executives

Hsbc International Trustee Limited	2301 Trustee
Li Xiang
Yu Lu
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Powerwin Tech Group (HKSE:02405) Headlines

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