Onewo (HKSE:02602) Receivables Turnover : 2.42 (As of Dec. 2023)

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What is Onewo 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. Onewo's Revenue for the six months ended in Dec. 2023 was HK$18,773 Mil. Onewo's average Accounts Receivable for the six months ended in Dec. 2023 was HK$7,752 Mil. Hence, Onewo's Receivables Turnover for the six months ended in Dec. 2023 was 2.42.

Onewo Receivables Turnover Historical Data

The historical data trend for Onewo'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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Onewo Receivables Turnover Chart

Onewo Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Receivables Turnover

6.55

7.23

6.37

5.36

5.03

Onewo Semi-Annual Data
	Dec19	Dec20	Dec21	Jun22	Dec22	Jun23	Dec23
Receivables Turnover	Get a 7-Day Free Trial			-	3.02	2.53	2.32	2.42

Competitive Comparison of Onewo's Receivables Turnover

For the Real Estate Services subindustry, Onewo'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.

Onewo's Receivables Turnover Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Onewo's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Onewo's Receivables Turnover falls into.

Onewo Receivables Turnover Calculation

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

Onewo's Receivables Turnover for the fiscal year that ended in Dec. 2023 is calculated as

	Receivables Turnover (A: Dec. 2023 )
=	Revenue	/	Average Total Inventories
=	Revenue (A: Dec. 2023 )	/ (	(Accounts Receivable (A: Dec. 2022 )	+	Accounts Receivable (A: Dec. 2023 ))	/	count )
=	36295.366	/ (	(7010.627	+	7417.024)	/	2 )
=	36295.366	/	7213.8255
=	5.03

Onewo's Receivables Turnover for the quarter that ended in Dec. 2023 is calculated as

	Receivables Turnover (Q: Dec. 2023 )
=	Revenue	/	Average Total Inventories
=	Revenue (Q: Dec. 2023 )	/ (	(Accounts Receivable (Q: Jun. 2023 )	+	Accounts Receivable (Q: Dec. 2023 ))	/	count )
=	18773.389	/ (	(8087.372	+	7417.024)	/	2 )
=	18773.389	/	7752.198
=	2.42

Onewo (HKSE:02602) 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.

Onewo Receivables Turnover Related Terms

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Onewo (HKSE:02602) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Onewo Inc (HKSE:02602) » Definitions » Receivables Turnover

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 63 Meilin Road, Meilin Vanke Center, Futian District, Shenzhen, CHN

Website

https://www.onewo.com

Onewo Inc is a property management service provider in China. It offers comprehensive property and facility management services to various types of properties, including office spaces, commercial complex, industrial parks, and public premises.

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