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Zibuyu Group (HKSE:02420) Receivables Turnover : 9.61 (As of Dec. 2023)


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What is Zibuyu 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. Zibuyu Group's Revenue for the six months ended in Dec. 2023 was HK$1,777 Mil. Zibuyu Group's average Accounts Receivable for the six months ended in Dec. 2023 was HK$185 Mil. Hence, Zibuyu Group's Receivables Turnover for the six months ended in Dec. 2023 was 9.61.

Zibuyu Group Receivables Turnover Historical Data

The historical data trend for Zibuyu 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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Zibuyu Group Receivables Turnover Chart

Zibuyu Group Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Receivables Turnover
7.53 11.02 16.74 20.00 18.83

Zibuyu Group Semi-Annual Data
Dec19 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Receivables Turnover Get a 7-Day Free Trial 10.45 8.37 9.79 7.26 9.61

Competitive Comparison of Zibuyu Group's Receivables Turnover

For the Internet Retail subindustry, Zibuyu 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.

Zibuyu Group's Receivables Turnover Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Zibuyu Group's Receivables Turnover distribution charts can be found below:

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


Zibuyu Group Receivables Turnover Calculation

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

Zibuyu 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 )
=3281.656 / ((196.439 + 152.209) / 2 )
=3281.656 / 174.324
=18.83

Zibuyu 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 )
=1777.39 / ((217.838 + 152.209) / 2 )
=1777.39 / 185.0235
=9.61

* 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.

Zibuyu Group  (HKSE:02420) 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.

Zibuyu Group Receivables Turnover Related Terms

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Zibuyu Group (HKSE:02420) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Zibuyu Group Ltd (HKSE:02420) » Definitions » Receivables Turnover
Comparable Companies
HKSE:02101 HKSE:01137 HKSE:01020 HKSE:00620 HKSE:01039 HKSE:02209 HKSE:02148 AMZN BABA PDD HKSE:03690 MELI JD CPNG SE EBAY TSE:4689 BOM:543320 CHWY TSE:4755
Traded in Other Exchanges
N/A
Address
Room 410, No. 108, Xincheng Road, Nanyuan Street, Linping District, Zhejiang Province, Hangzhou, CHN
Website
https://www.zbycorp.com
Zibuyu Group Ltd is an investment holding company and its subsidiaries are engaged in focusing on the sale of apparel and footwear products through third-party e-commerce platforms across china. It designs apparel, footwear and other products, procure products manufactured in accordance with its design and on OEM basis from selected OEM suppliers, and subsequently sell such products to customers globally through a combination of third-party e-commerce platforms and its self-operated online stores. Its sales channels consisted of Amazon, Wish, other third-party e-commerce platforms such as eBay and AliExpress, and its self-operated online stores.
Executives
Wang Shijian
Hua Bingru 2201 Interest of corporation controlled by you
Yu Feng 2201 Interest of corporation controlled by you
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Zibuyu Group (HKSE:02420) Headlines

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