Zhongtian Construction (Hunan) Group (HKSE:02433) Receivables Turnover : 0.00 (As of Jun. 2023)

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What is Zhongtian Construction (Hunan) 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. Zhongtian Construction (Hunan) Group's Revenue for the three months ended in Jun. 2023 was HK$0 Mil. Zhongtian Construction (Hunan) Group's average Accounts Receivable for the three months ended in Jun. 2023 was HK$412 Mil.

Zhongtian Construction (Hunan) Group Receivables Turnover Historical Data

The historical data trend for Zhongtian Construction (Hunan) 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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Zhongtian Construction (Hunan) Group Receivables Turnover Chart

Zhongtian Construction (Hunan) Group Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Receivables Turnover

3.85

3.73

3.91

4.49

4.79

Zhongtian Construction (Hunan) Group Quarterly Data
	Dec19	Dec20	Sep21	Dec21	Jun22	Sep22	Dec22	Jun23	Dec23
Receivables Turnover	Get a 7-Day Free Trial				-	1.57	1.42	-	-

Competitive Comparison of Zhongtian Construction (Hunan) Group's Receivables Turnover

For the Engineering & Construction subindustry, Zhongtian Construction (Hunan) 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.

Zhongtian Construction (Hunan) Group's Receivables Turnover Distribution in the Construction Industry

For the Construction industry and Industrials sector, Zhongtian Construction (Hunan) Group's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Zhongtian Construction (Hunan) Group's Receivables Turnover falls into.

Zhongtian Construction (Hunan) Group Receivables Turnover Calculation

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

Zhongtian Construction (Hunan) Group's Receivables Turnover for the fiscal year that ended in Dec. 2022 is calculated as

	Receivables Turnover (A: Dec. 2022 )
=	Revenue	/	Average Total Inventories
=	Revenue (A: Dec. 2022 )	/ (	(Accounts Receivable (A: Dec. 2021 )	+	Accounts Receivable (A: Dec. 2022 ))	/	count )
=	2111.328	/ (	(544.136	+	395.734)	/	2 )
=	2111.328	/	469.935
=	4.49

Zhongtian Construction (Hunan) Group's Receivables Turnover for the quarter that ended in Jun. 2023 is calculated as

	Receivables Turnover (Q: Jun. 2023 )
=	Revenue	/	Average Total Inventories
=	Revenue (Q: Jun. 2023 )	/ (	(Accounts Receivable (Q: Dec. 2022 )	+	Accounts Receivable (Q: Jun. 2023 ))	/	count )
=	0	/ (	(395.734	+	427.961)	/	2 )
=	0	/	411.8475
=	N/A

Zhongtian Construction (Hunan) Group (HKSE:02433) 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.

Zhongtian Construction (Hunan) Group Receivables Turnover Related Terms

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Zhongtian Construction (Hunan) Group (HKSE:02433) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Zhongtian Construction (Hunan) Group Ltd (HKSE:02433) » Definitions » Receivables Turnover

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 1197, East Xinhua Road, Hetang District, Hunan Province, Zhuzhou, CHN, 412008

Website

http://www.ztcon.com

Zhongtian Construction (Hunan) Group Ltd is engaged in general contracting construction in the PRC.

Executives

Zt (a) Limited	2101 Beneficial owner
Zt (m) Limited	2101 Beneficial owner

Zhongtian Construction (Hunan) Group (HKSE:02433) Headlines

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