EDA Group Holdings (HKSE:02505) Receivables Turnover : 5.36 (As of Dec. 2024)

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What is EDA Group 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. EDA Group Holdings's Revenue for the six months ended in Dec. 2024 was HK$1,009 Mil. EDA Group Holdings's average Accounts Receivable for the six months ended in Dec. 2024 was HK$188 Mil. Hence, EDA Group Holdings's Receivables Turnover for the six months ended in Dec. 2024 was 5.36.

EDA Group Holdings Receivables Turnover Historical Data

The historical data trend for EDA Group 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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EDA Group Holdings Receivables Turnover Chart

EDA Group Holdings Annual Data

Trend

Dec21

Dec22

Dec23

Dec24

Receivables Turnover

11.92

11.29

9.85

EDA Group Holdings Semi-Annual Data
	Dec21	Dec22	Jun23	Dec23	Jun24	Dec24
Receivables Turnover	Get a 7-Day Free Trial			-	6.42	5.25	4.99	5.36

Competitive Comparison of EDA Group Holdings's Receivables Turnover

For the Integrated Freight & Logistics subindustry, EDA Group 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.

EDA Group Holdings's Receivables Turnover Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, EDA Group Holdings's Receivables Turnover distribution charts can be found below:

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

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EDA Group Holdings Receivables Turnover Calculation

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

EDA Group Holdings'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 )
=	1804.452	/ (	(155.788	+	210.722)	/	2 )
=	1804.452	/	183.255
=	9.85

EDA Group Holdings'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 )
=	1008.614	/ (	(165.882	+	210.722)	/	2 )
=	1008.614	/	188.302
=	5.36

EDA Group Holdings (HKSE:02505) 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.

EDA Group Holdings Receivables Turnover Related Terms

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EDA Group Holdings Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » EDA Group Holdings Ltd (HKSE:02505) » Definitions » Receivables Turnover

Comparable Companies

Traded in Other Exchanges

N/A

Address

Xin’an Street, 21/F, Block A, Xingdong Community, Daoxing Science and Technology Innovation Centre, Bao’an District, Shenzhen, CHN

Website

https://www.edayun.com

EDA Group Holdings Ltd is a one-stop end-to-end supply chain solutions provider for e-commerce vendors, empowering the fast-growing B2C export e-commerce industry in the PRC. It offers supply chain solutions that encompass cross-border logistics, overseas warehousing and fulfillment delivery services that are integrated into EDA Cloud, its self-developed cloud platform which houses a comprehensive range of digital supply management tools.

Executives

Sovereign Fiduciaries (hong Kong) Limited	2301 Trustee
Ubs Trustees (b.v.i.) Limited	2301 Trustee
Ls Didi Network Technology Limited	2101 Beneficial owner
Skyline Investment International Limited	2201 Interest of corporation controlled by you
Edaurora Holdings Limited	2305 Beneficiary of a trust
Eda Shine International Limited	2101 Beneficial owner
Liu Yong	2501 Other
Zuo Manlun	2501 Other
Xi Xi Development Limited	2201 Interest of corporation controlled by you
Wong Luen Hei	2307 Founder of a discretionary trust who can infl
Tang Jia Jia	2501 Other
Samanea China Holdings Limited	2501 Other
Qian Yu Cheng	2501 Other
New Fortune Star Limited	2201 Interest of corporation controlled by you
Luo Jianfeng	2501 Other

EDA Group Holdings Headlines

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