Shenzhen Pagoda Industrial (Group) (HKSE:02411) Receivables Turnover : 4.60 (As of Dec. 2024)

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What is Shenzhen Pagoda Industrial (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. Shenzhen Pagoda Industrial (Group)'s Revenue for the six months ended in Dec. 2024 was HK$4,996 Mil. Shenzhen Pagoda Industrial (Group)'s average Accounts Receivable for the six months ended in Dec. 2024 was HK$1,087 Mil. Hence, Shenzhen Pagoda Industrial (Group)'s Receivables Turnover for the six months ended in Dec. 2024 was 4.60.

Shenzhen Pagoda Industrial (Group) Receivables Turnover Historical Data

The historical data trend for Shenzhen Pagoda Industrial (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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Shenzhen Pagoda Industrial (Group) Receivables Turnover Chart

Shenzhen Pagoda Industrial (Group) Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Receivables Turnover

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6.69

8.55

9.48

10.33

10.00

Shenzhen Pagoda Industrial (Group) Semi-Annual Data
	Dec19	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24	Dec24
Receivables Turnover	Get a 7-Day Free Trial					4.79	5.62	4.72	5.22	4.60

Competitive Comparison of Shenzhen Pagoda Industrial (Group)'s Receivables Turnover

For the Specialty Retail subindustry, Shenzhen Pagoda Industrial (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.

Shenzhen Pagoda Industrial (Group)'s Receivables Turnover Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Shenzhen Pagoda Industrial (Group)'s Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Shenzhen Pagoda Industrial (Group)'s Receivables Turnover falls into.

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Shenzhen Pagoda Industrial (Group) Receivables Turnover Calculation

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

Shenzhen Pagoda Industrial (Group)'s Receivables Turnover for the fiscal year that ended in Dec. 2024 is calculated as

	Receivables Turnover (A: Dec. 2024 )
=	Revenue	/	Average Total Inventories
=	Revenue (A: Dec. 2024 )	/ (	(Accounts Receivable (A: Dec. 2023 )	+	Accounts Receivable (A: Dec. 2024 ))	/	count )
=	10968.465	/ (	(1163.168	+	1030.604)	/	2 )
=	10968.465	/	1096.886
=	10.00

Shenzhen Pagoda Industrial (Group)'s Receivables Turnover for the quarter that ended in Dec. 2024 is calculated as

	Receivables Turnover (Q: Dec. 2024 )
=	Revenue	/	Average Total Inventories
=	Revenue (Q: Dec. 2024 )	/ (	(Accounts Receivable (Q: Jun. 2024 )	+	Accounts Receivable (Q: Dec. 2024 ))	/	count )
=	4995.775	/ (	(1143.677	+	1030.604)	/	2 )
=	4995.775	/	1087.1405
=	4.60

Shenzhen Pagoda Industrial (Group) (HKSE:02411) 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.

Shenzhen Pagoda Industrial (Group) Receivables Turnover Related Terms

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Shenzhen Pagoda Industrial (Group) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Shenzhen Pagoda Industrial (Group) Corp Ltd (HKSE:02411) » Definitions » Receivables Turnover

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 1 Pingji Road, Nanwan Street, B1101-1103, B1105-1113, B1115-1122, B1201-1203, B1205-1213, B1215-1217 Tower B, Jiansheng Building, Xialilang Community, Longgang District, Guangdong Province, Shenzhen, CHN

Website

https://www.pagoda.com.cn

Shenzhen Pagoda Industrial (Group) Corp Ltd is principally engaged in operating a franchised retail network and trading of fruits. The group has three reportable segments which include Trading, Franchising, and others. The majority of its revenue derives from the Franchising segment which includes the operation of franchised and self-owned retail networks.

Executives

Xu Yanlin
Yu Huiyong
China International Capital Corporation Limited	2201 Interest of corporation controlled by you
Shen Zhen Shi Hong Yuan Shan Guo Tou Zi Fa Zhan Qi Ye You Xian He Huo
Shen Zhen Shi Heng Yi Li Tou Zi Fa Zhan Zhong Xin You Xian He Huo
Jiao Yue	2201 Interest of corporation controlled by you
Wang Yonghua	2201 Interest of corporation controlled by you
Shen Zhen Shi Tian Tu Tou Zi Guan Li Gu Fen You Xian Gong Si	2201 Interest of corporation controlled by you
Shen Zhen Tian Tu Zi Ben Guan Li Zhong Xin You Xian He Huo	2201 Interest of corporation controlled by you
Hang Zhou Tian Tu Zi Ben Guan Li You Xian Gong Si	2201 Interest of corporation controlled by you
Cicc Qianhai (shenzhen) Private Equity Fund Management Co., Ltd.	2201 Interest of corporation controlled by you
Zhong Jin Zi Ben Yun Ying You Xian Gong Si	2201 Interest of corporation controlled by you
Bei Jing Tian Tu Xing Bei Tou Zi Zhong Xin You Xian He Huo	2101 Beneficial owner
Shen Zhen Hui Lin Shi Ye Fa Zhan You Xian Ze Ren Gong Si

Shenzhen Pagoda Industrial (Group) Headlines

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