China State Construction International Holdings (HKSE:03311) Receivables Turnover : 0.81 (As of Dec. 2023)

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What is China State Construction International 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. China State Construction International Holdings's Revenue for the six months ended in Dec. 2023 was HK$58,623 Mil. China State Construction International Holdings's average Accounts Receivable for the six months ended in Dec. 2023 was HK$72,271 Mil. Hence, China State Construction International Holdings's Receivables Turnover for the six months ended in Dec. 2023 was 0.81.

China State Construction International Holdings Receivables Turnover Historical Data

The historical data trend for China State Construction International 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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China State Construction International Holdings Receivables Turnover Chart

China State Construction International Holdings Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Receivables Turnover

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2.21

1.82

1.59

1.63

1.61

China State Construction International Holdings Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Receivables Turnover	Get a 7-Day Free Trial															0.77	0.94	0.80	0.82	0.81

Competitive Comparison of China State Construction International Holdings's Receivables Turnover

For the Engineering & Construction subindustry, China State Construction International 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.

China State Construction International Holdings's Receivables Turnover Distribution in the Construction Industry

For the Construction industry and Industrials sector, China State Construction International Holdings's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where China State Construction International Holdings's Receivables Turnover falls into.

China State Construction International Holdings Receivables Turnover Calculation

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

China State Construction International Holdings'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 )
=	113734.013	/ (	(65830.023	+	75414.12)	/	2 )
=	113734.013	/	70622.0715
=	1.61

China State Construction International Holdings'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 )
=	58623.301	/ (	(69127.561	+	75414.12)	/	2 )
=	58623.301	/	72270.8405
=	0.81

China State Construction International Holdings (HKSE:03311) 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.

China State Construction International Holdings Receivables Turnover Related Terms

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China State Construction International Holdings (HKSE:03311) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » China State Construction International Holdings Ltd (HKSE:03311) » Definitions » Receivables Turnover

Comparable Companies

Traded in Other Exchanges

CCOHF:USA C4S1:Germany

Address

139 Hennessy Road, 28th Floor, China Overseas Building, Wanchai, HKG

Website

https://www.csci.com.hk

China State Construction International Holdings Ltd is engaged in the construction business. The company's activities include construction, project consultancy services, thermoelectricity business, infrastructure project investments, toll road operation, and facade contracting business. The company reports in the following segments Mainland China, Hong Kong, Macau and CSC Development Group. It derives a majority of its revenue from Mainland China.

Executives

Zhong Guo Jian Zhu Gu Fen You Xian Gong Si	2201 Interest of corporation controlled by you
Zhong Guo Jian Zhu Ji Tuan You Xian Gong Si	2201 Interest of corporation controlled by you
Zhong Guo Hai Wai Ji Tuan You Xian Gong Si	2101 Beneficial owner
Gic Private Limited	2102 Investment manager

China State Construction International Holdings (HKSE:03311) Headlines

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