A-Living Smart City Services Co (HKSE:03319) Receivables Turnover : 1.17 (As of Jun. 2024)

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What is A-Living Smart City Services 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. A-Living Smart City Services Co's Revenue for the six months ended in Jun. 2024 was HK$7,560 Mil. A-Living Smart City Services Co's average Accounts Receivable for the six months ended in Jun. 2024 was HK$6,461 Mil. Hence, A-Living Smart City Services Co's Receivables Turnover for the six months ended in Jun. 2024 was 1.17.

A-Living Smart City Services Co Receivables Turnover Historical Data

The historical data trend for A-Living Smart City Services 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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A-Living Smart City Services Co Receivables Turnover Chart

A-Living Smart City Services Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Receivables Turnover

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4.83

5.81

4.86

3.04

2.39

A-Living Smart City Services Co Semi-Annual Data
	Dec14	Dec15	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
Receivables Turnover	Get a 7-Day Free Trial													1.66	1.31	1.18	1.15	1.17

Competitive Comparison of A-Living Smart City Services Co's Receivables Turnover

For the Real Estate Services subindustry, A-Living Smart City Services 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.

A-Living Smart City Services Co's Receivables Turnover Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, A-Living Smart City Services Co's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where A-Living Smart City Services Co's Receivables Turnover falls into.

A-Living Smart City Services Co Receivables Turnover Calculation

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

A-Living Smart City Services Co'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 )
=	16891.718	/ (	(6871.376	+	7277.709)	/	2 )
=	16891.718	/	7074.5425
=	2.39

A-Living Smart City Services Co's Receivables Turnover for the quarter that ended in Jun. 2024 is calculated as

	Receivables Turnover (Q: Jun. 2024 )
=	Revenue	/	Average Total Inventories
=	Revenue (Q: Jun. 2024 )	/ (	(Accounts Receivable (Q: Dec. 2023 )	+	Accounts Receivable (Q: Jun. 2024 ))	/	count )
=	7560.157	/ (	(7277.709	+	5644.588)	/	2 )
=	7560.157	/	6461.1485
=	1.17

A-Living Smart City Services Co (HKSE:03319) 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.

A-Living Smart City Services Co Receivables Turnover Related Terms

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A-Living Smart City Services Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » A-Living Smart City Services Co Ltd (HKSE:03319) » Definitions » Receivables Turnover

Comparable Companies

Traded in Other Exchanges

1V0:Germany

Address

26 Huaxia Road, 35th Floor, Agile Centre, Zhujiang New Town, Tianhe District, Guangdong Province, Guangzhou, CHN, 510623

Website

https://www.agileliving.com.cn

A-Living Smart City Services Co Ltd is Hong Kong's earliest property management company to be listed. The company mainly provides property management, sales, inspection, advertising, and tourism services. Its core business is focused on offering property management services, value-added services, such as pre-delivery services, household assistance services, property agency services, and other related services, as well as city sanitation and cleaning services in the People's Republic of China. The company generates revenue from four main business lines which include property management services, property owners' value-added services, city services, and extended value-added services.

Executives

Ya Ju Le Ji Tuan Kong Gu You Xian Gong Si	2201 Interest of corporation controlled by you
Zheng Huiqiong	2202 Interest of your spouse
Chan Cheuk Hei	2305 Beneficiary of a trust
Top Coast Investment Limited	2201 Interest of corporation controlled by you
Chan Cheuk Hung	2305 Beneficiary of a trust
Chan Cheuk Nam	2305 Beneficiary of a trust
Chan Cheuk Yin	2305 Beneficiary of a trust
Chan Siu Na	2202 Interest of your spouse
Chen Zhuo Lin	2305 Beneficiary of a trust
Lu Liqing	2202 Interest of your spouse
Lu Yanping	2202 Interest of your spouse
Luk Sin Fong, Fion	2305 Beneficiary of a trust
Wang Ji Guo Ji You Xian Gong Si	2201 Interest of corporation controlled by you
Dong Cui Ji Tuan Kong Gu You Xian Gong Si	2201 Interest of corporation controlled by you
Fu Feng Tou Zi You Xian Gong Si	2301 Trustee

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