GURUFOCUS.COM » STOCK LIST » Technology » Software » Lianlian DigiTech Co Ltd (HKSE:02598) » Definitions » Receivables Turnover

Lianlian DigiTech Co (HKSE:02598) Receivables Turnover : 0.00 (As of Dec. 2024)


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

What is Lianlian DigiTech 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. Lianlian DigiTech Co's Revenue for the three months ended in Dec. 2024 was HK$0.0 Mil. Lianlian DigiTech Co's average Accounts Receivable for the three months ended in Dec. 2024 was HK$101.5 Mil.


Lianlian DigiTech Co Receivables Turnover Historical Data

The historical data trend for Lianlian DigiTech 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.

Lianlian DigiTech Co Receivables Turnover Chart

Lianlian DigiTech Co Annual Data
Trend Dec20 Dec21 Dec22 Dec23 Dec24
Receivables Turnover
36.64 26.53 19.35 18.86 16.21

Lianlian DigiTech Co Quarterly Data
Dec20 Dec21 Dec22 Sep23 Dec23 Jun24 Dec24
Receivables Turnover Get a 7-Day Free Trial 5.48 4.87 4.01 - -

Competitive Comparison of Lianlian DigiTech Co's Receivables Turnover

For the Software - Infrastructure subindustry, Lianlian DigiTech 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.


Lianlian DigiTech Co's Receivables Turnover Distribution in the Software Industry

For the Software industry and Technology sector, Lianlian DigiTech Co's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Lianlian DigiTech Co's Receivables Turnover falls into.


;
;

Lianlian DigiTech Co Receivables Turnover Calculation

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

Lianlian DigiTech 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 )
=1403.945 / ((73.887 + 99.334) / 2 )
=1403.945 / 86.6105
=16.21

Lianlian DigiTech 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 )
=0 / ((103.646 + 99.334) / 2 )
=0 / 101.49
=N/A

* 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.


Lianlian DigiTech Co  (HKSE:02598) 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.


Lianlian DigiTech Co Receivables Turnover Related Terms

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


Lianlian DigiTech Co Business Description

Traded in Other Exchanges
N/A
Address
79 Yueda Lane, B3, 12/F, Building 1, Binjiang District, Zhejiang Province, Hangzhou, CHN
Lianlian DigiTech Co Ltd provides digital payment services and value-added services. Its business clients consist of small and midsized merchants and enterprises. Its reportable segments include (i) Global payment, (ii) domestic payment, (iii) value-added services, and (iv) others, which represent a small amount of revenue from other sources including rental income, interest income, and factoring income. Key revenue is generated from the Global payment segment.
Executives
China International Capital Corporation Limited 2201 Interest of corporation controlled by you
Trident Trust Company (hk) Limited 2301 Trustee
Nexacorp Limited 2101 Beneficial owner
Hang Zhou Sai Zhi Tou Zi You Xian Gong Si 2201 Interest of corporation controlled by you
Hang Zhou Sai Sheng Gu Gu Quan Tou Zi Guan Li You Xian Gong Si 2201 Interest of corporation controlled by you
Chen Bin 2201 Interest of corporation controlled by you
Huang Xin 2201 Interest of corporation controlled by you
Zhe Jiang Sai Zhi Bo Le Gu Quan Tou Zi Guan Li You Xian Gong Si 2201 Interest of corporation controlled by you
Boyu Jingtai (shanghai) Enterprise Management Co., Ltd.
Jin Hua Shi Pu Hua Ji Shi Gu Quan Tou Zi He Huo Qi Ye You Xian He Huo
Boyu Jingtai (shanghai) Equity Investment L.p.
Huang Ailian
Tao Rong
Jiaxing Hongshan Kunsheng Investment Management Partnership (limited Partnership)
Ningbo Hongshan Peisheng Equity Investment Partnership (limited Partnership)

Lianlian DigiTech Co Headlines

No Headlines