Hollwin Urban Operation Service Group Co (HKSE:02529) Receivables Turnover : 2.75 (As of Dec. 2024)

View and export this data going back to 2024. Start your Free Trial

What is Hollwin Urban Operation Service 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. Hollwin Urban Operation Service Group Co's Revenue for the six months ended in Dec. 2024 was HK$397.1 Mil. Hollwin Urban Operation Service Group Co's average Accounts Receivable for the six months ended in Dec. 2024 was HK$144.2 Mil. Hence, Hollwin Urban Operation Service Group Co's Receivables Turnover for the six months ended in Dec. 2024 was 2.75.

Hollwin Urban Operation Service Group Co Receivables Turnover Historical Data

The historical data trend for Hollwin Urban Operation Service 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.

* Premium members only.

Hollwin Urban Operation Service Group Co Receivables Turnover Chart

Hollwin Urban Operation Service Group Co Annual Data

Trend

Dec21

Dec22

Dec23

Dec24

Receivables Turnover

4.92

4.93

6.35

5.42

Hollwin Urban Operation Service Group Co Semi-Annual Data
	Dec21	Dec22	Jun23	Dec23	Jun24	Dec24
Receivables Turnover	Get a 7-Day Free Trial			-	2.61	3.98	3.28	2.75

Competitive Comparison of Hollwin Urban Operation Service Group Co's Receivables Turnover

For the Specialty Business Services subindustry, Hollwin Urban Operation Service 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.

Hollwin Urban Operation Service Group Co's Receivables Turnover Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Hollwin Urban Operation Service Group Co's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Hollwin Urban Operation Service Group Co's Receivables Turnover falls into.

Save Embed

;

Save Embed

;

Hollwin Urban Operation Service Group Co Receivables Turnover Calculation

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

Hollwin Urban Operation Service 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 )
=	729.766	/ (	(92.666	+	176.622)	/	2 )
=	729.766	/	134.644
=	5.42

Hollwin Urban Operation Service 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 )
=	397.069	/ (	(111.754	+	176.622)	/	2 )
=	397.069	/	144.188
=	2.75

Hollwin Urban Operation Service Group Co (HKSE:02529) 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.

Hollwin Urban Operation Service Group Co Receivables Turnover Related Terms

Thank you for viewing the detailed overview of Hollwin Urban Operation Service Group Co's Receivables Turnover provided by GuruFocus.com. Please click on the following links to see related term pages.

Hollwin Urban Operation Service Group Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Hollwin Urban Operation Service Group Co Ltd (HKSE:02529) » Definitions » Receivables Turnover

Comparable Companies

Traded in Other Exchanges

N/A

Address

Pilot Road, 9/F, Building A1, Xiangjiang Times Square, No. 179, Yuelu District, Hunan Province, Changsha, CHN

Website

http://www.hollwingroup.com

Hollwin Urban Operation Service Group Co Ltd is a urban service and operation provider with business operations primarily based in Changsha. The services provided are divided into three categories: (i) property management services, including different property management services to public properties, commercial properties, and residential properties, and value-added services; (ii) urban services, including landscaping and engineering, lighting system operation, parking lot operation, and municipal sanitation services; and (iii) commercial operation services. Key revenue is generated from Urban services.

Executives

Rays Capital Partners Limited	2102 Investment manager
Asian Equity Special Opportunities Portfolio Master Fund Limited	2101 Beneficial owner
Ruan David Ching Chi	2201 Interest of corporation controlled by you
Hsbc Holdings Plc	2302 Custodian
Chang Sha Cheng Shi Fa Zhan Ji Tuan You Xian Gong Si

Hollwin Urban Operation Service Group Co Headlines

No Headlines