Shanxi Installation Group Co (HKSE:02520) Receivables Turnover : 0.99 (As of Dec. 2024)

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What is Shanxi Installation Group Co 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. Shanxi Installation Group Co's Revenue for the six months ended in Dec. 2024 was HK$6,530 Mil. Shanxi Installation Group Co's average Accounts Receivable for the six months ended in Dec. 2024 was HK$6,576 Mil. Hence, Shanxi Installation Group Co's Receivables Turnover for the six months ended in Dec. 2024 was 0.99.

Shanxi Installation Group Co Receivables Turnover Historical Data

The historical data trend for Shanxi Installation Group Co'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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Shanxi Installation Group Co Receivables Turnover Chart

Shanxi Installation Group Co Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Dec24

Receivables Turnover

2.52

2.91

2.17

1.74

1.95

Shanxi Installation Group Co Semi-Annual Data
	Dec20	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24	Dec24
Receivables Turnover	Get a 7-Day Free Trial			1.17	0.87	0.92	0.95	0.99

Competitive Comparison of Shanxi Installation Group Co's Receivables Turnover

For the Engineering & Construction subindustry, Shanxi Installation Group Co'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.

Shanxi Installation Group Co's Receivables Turnover Distribution in the Construction Industry

For the Construction industry and Industrials sector, Shanxi Installation Group Co's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Shanxi Installation Group Co's Receivables Turnover falls into.

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Shanxi Installation Group Co Receivables Turnover Calculation

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

Shanxi Installation Group Co'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 )
=	13071.391	/ (	(7047.038	+	6364.044)	/	2 )
=	13071.391	/	6705.541
=	1.95

Shanxi Installation Group Co'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 )
=	6529.66	/ (	(6788.598	+	6364.044)	/	2 )
=	6529.66	/	6576.321
=	0.99

Shanxi Installation Group Co (HKSE:02520) 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.

Shanxi Installation Group Co Receivables Turnover Related Terms

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Shanxi Installation Group Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Shanxi Installation Group Co Ltd (HKSE:02520) » Definitions » Receivables Turnover

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 8 Xinhua Road, Tanghuai Industrial Park, Shanxi Transformation and Comprehensive, Reform Demonstration Zone, Shanxi, Taiyuan, CHN

Website

http://www.sxaz.com.cn

Shanxi Installation Group Co Ltd is a construction service provider based in Taiyuan, a city in Shanxi Province, China. It is engaged in specialized industrial construction, specialized auxiliary construction, other construction, and non-construction business. It offers a wide range of services, from design and consulting, investment and construction, and building construction, to operation and maintenance.

Executives

Xiang Gang Li Jun Jian An Tou Zi You Xian Gong Si	2101 Beneficial owner
Citic Securities Company Limited	2201 Interest of corporation controlled by you
Xi An Shan Gong Guo Ji Jian Zhu Gong Cheng You Xian Gong Si	2201 Interest of corporation controlled by you
Ming Yang Zhi Hui Neng Yuan Ji Tuan Gu Fen Gong Si	2101 Beneficial owner
Gaoteng Global Asset Management Limited	2201 Interest of corporation controlled by you
Jinyi Capital Multi-strategy Fund Spc Ltd.	2101 Beneficial owner
Hai Nan Tian Kun Si Mu Gu Quan Tou Zi Ji Jin Guan Li You Xian Gong Si	2201 Interest of corporation controlled by you
Hai Nan Tian Kun Shen Yi Si Mu Gu Quan Tou Zi Ji Jin He Huo Qi Ye You Xian He Huo	2101 Beneficial owner
Jin Luo Shen Zhen Si Mu Gu Quan Tou Zi Ji Jin Guan Li You Xian Gong Si	2201 Interest of corporation controlled by you
Jiang Su Wan Wei Dian Qi You Xian Gong Si	2201 Interest of corporation controlled by you
Hai Nan Tian Kun Xian Ning Si Mu Gu Quan Tou Zi Ji Jin He Huo Qi Ye You Xian He Huo	2101 Beneficial owner
Hai Nan Jing Tai Jing Zhun Gu Quan Si Mu Ji Jin Er Qi He Huo Qi Ye You Xian He Huo	2101 Beneficial owner
Si Chuan Hua Zhi Ye Can Dian Li She Ji You Xian Gong Si	2201 Interest of corporation controlled by you
Jing Tai Chuang Ye Tou Zi Si Mu Ji Jin Guan Li Hai Nan He Huo Qi Ye You Xian He Huo	2201 Interest of corporation controlled by you

Shanxi Installation Group Co Headlines

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