Graphex Group (HKSE:06128) Receivables Turnover : 0.61 (As of Jun. 2024)

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What is Graphex Group 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. Graphex Group's Revenue for the six months ended in Jun. 2024 was HK$93.7 Mil. Graphex Group's average Accounts Receivable for the six months ended in Jun. 2024 was HK$152.7 Mil. Hence, Graphex Group's Receivables Turnover for the six months ended in Jun. 2024 was 0.61.

Graphex Group Receivables Turnover Historical Data

The historical data trend for Graphex Group'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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Graphex Group Receivables Turnover Chart

Graphex Group Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Receivables Turnover

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4.37

4.05

3.01

2.33

1.14

Graphex Group Semi-Annual Data
	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24	Dec24
Receivables Turnover	Get a 7-Day Free Trial															1.27	1.06	0.85	0.61	0.55

Competitive Comparison of Graphex Group's Receivables Turnover

For the Other Industrial Metals & Mining subindustry, Graphex Group'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.

Graphex Group's Receivables Turnover Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Graphex Group's Receivables Turnover distribution charts can be found below:

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

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Graphex Group Receivables Turnover Calculation

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

Graphex Group'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 )
=	291.929	/ (	(103.019	+	147.991)	/	2 )
=	291.929	/	125.505
=	2.33

Graphex Group'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 )
=	93.742	/ (	(147.991	+	157.478)	/	2 )
=	93.742	/	152.7345
=	0.61

Graphex Group (HKSE:06128) 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.

Graphex Group Receivables Turnover Related Terms

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Graphex Group Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Graphex Group Ltd (HKSE:06128) » Definitions » Receivables Turnover

Traded in Other Exchanges

GRFX:USA

Address

262 Gloucester Road, 11th Floor, COFCO Tower, Causeway Bay, Hong Kong, HKG

Website

https://www.graphexgroup.com

Graphex Group Ltd is engaged in the sale of graphene products. It operates in three segments namely, the Graphene Products Segment includes Processing and sale of graphite and graphene-related products; the Landscape Architecture Design Segment includes Providing landscape architecture design; and the catering business focuses on the operation of restaurants. The company derives the majority of its revenue from the sale of graphene products segment.

Executives

The Bank Of New York Mellon Corporation	2201 Interest of corporation controlled by you
Chan Yick Yan Andross	2101 Beneficial owner
Tycoon Partner Holdings Limited	2101 Beneficial owner
Shen Taoyu	2101 Beneficial owner
Wu Wenbei	2101 Beneficial owner
Lau Hing Tat Patrick	2101 Beneficial owner
Pbla Limited	2101 Beneficial owner
Guang Zhou Pu Bang Yuan Lin Gu Fen You Xian Gong Si	2201 Interest of corporation controlled by you
Pu Bang Yuan Lin Xiang Gang You Xian Gong Si	2201 Interest of corporation controlled by you
Gao Xin	2101 Beneficial owner
Shen Taoyu	2201 Interest of corporation controlled by you
Yang Bo	2201 Interest of corporation controlled by you
Profit King Investment Development Limited	2101 Beneficial owner

Graphex Group Headlines

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