Shanghai HeartCare Medical Technology (HKSE:06609) Receivables Turnover : 1.57 (As of Jun. 2024)

Shanghai HeartCare Medical Technology Receivables Turnover Chart

Shanghai HeartCare Medical Technology Semi-Annual Data
	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
Receivables Turnover	Get a 7-Day Free Trial					3.55	4.26	2.58	1.80	1.57

Competitive Comparison of Shanghai HeartCare Medical Technology's Receivables Turnover

For the Medical Devices subindustry, Shanghai HeartCare Medical Technology'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.

Shanghai HeartCare Medical Technology's Receivables Turnover Distribution in the Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, Shanghai HeartCare Medical Technology's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Shanghai HeartCare Medical Technology's Receivables Turnover falls into.

Shanghai HeartCare Medical Technology Receivables Turnover Calculation

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

Shanghai HeartCare Medical Technology's Receivables Turnover for the fiscal year that ended in Dec. 2023 is calculated as

Shanghai HeartCare Medical Technology's Receivables Turnover for the quarter that ended in Jun. 2024 is calculated as

* 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.

Shanghai HeartCare Medical Technology  (HKSE:06609) 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.

Shanghai HeartCare Medical Technology Receivables Turnover Related Terms

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Shanghai HeartCare Medical Technology Business Description