Arrail Group (HKSE:06639) Receivables Turnover : 8.75 (As of Sep. 2024)

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What is Arrail 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. Arrail Group's Revenue for the six months ended in Sep. 2024 was HK$977 Mil. Arrail Group's average Accounts Receivable for the six months ended in Sep. 2024 was HK$112 Mil. Hence, Arrail Group's Receivables Turnover for the six months ended in Sep. 2024 was 8.75.

Arrail Group Receivables Turnover Historical Data

The historical data trend for Arrail 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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Arrail Group Receivables Turnover Chart

Arrail Group Annual Data

Trend

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Receivables Turnover

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21.47

23.27

18.78

15.76

17.66

Arrail Group Semi-Annual Data
	Mar19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23	Mar24	Sep24
Receivables Turnover	Get a 7-Day Free Trial						7.83	7.34	10.04	9.64	8.75

Competitive Comparison of Arrail Group's Receivables Turnover

For the Medical Care Facilities subindustry, Arrail 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.

Arrail Group's Receivables Turnover Distribution in the Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, Arrail Group's Receivables Turnover distribution charts can be found below:

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

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Arrail Group Receivables Turnover Calculation

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

Arrail Group's Receivables Turnover for the fiscal year that ended in Mar. 2024 is calculated as

	Receivables Turnover (A: Mar. 2024 )
=	Revenue	/	Average Total Inventories
=	Revenue (A: Mar. 2024 )	/ (	(Accounts Receivable (A: Mar. 2023 )	+	Accounts Receivable (A: Mar. 2024 ))	/	count )
=	1896.446	/ (	(105.251	+	109.511)	/	2 )
=	1896.446	/	107.381
=	17.66

Arrail Group's Receivables Turnover for the quarter that ended in Sep. 2024 is calculated as

	Receivables Turnover (Q: Sep. 2024 )
=	Revenue	/	Average Total Inventories
=	Revenue (Q: Sep. 2024 )	/ (	(Accounts Receivable (Q: Mar. 2024 )	+	Accounts Receivable (Q: Sep. 2024 ))	/	count )
=	977.143	/ (	(109.511	+	113.806)	/	2 )
=	977.143	/	111.6585
=	8.75

Arrail Group (HKSE:06639) 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.

Arrail Group Receivables Turnover Related Terms

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Arrail Group Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » Arrail Group Ltd (HKSE:06639) » Definitions » Receivables Turnover

Traded in Other Exchanges

I1D:Germany

Address

No. 36, Louzizhuang Road, 10th Floor, Building A, Gemdale Matrix Center, Chaoyang District, Beijing, CHN

Website

https://www.arrailgroup.com

Arrail Group Ltd is a dental services provider in the premium private dental service market in China. The group's business activities are operated and managed as two segments, which comprise Arrail Dental and Rytime Dental.

Executives

Zou Qifang
Total Success Investment Ltd.	2101 Beneficial owner
Zhang Zheng	2201 Interest of corporation controlled by you
Young Roger K C	2201 Interest of corporation controlled by you
Empire Choice International Limited	2501 Other
Buckley John Paul	2201 Interest of corporation controlled by you
19 Growth Capital Fund Lp	2102 Investment manager
19 Growth Capital Fund Gp Inc.	2102 Investment manager
Kastle Limited	2301 Trustee
Arrail Sunshine Holdings Limited	2301 Trustee
The Goldman Sachs Group, Inc.
Rise Day Holdings Limited
United Culture Assets Limited
Kpcb China Associates Ltd	2201 Interest of corporation controlled by you
Kpcb China Fund Lp	2101 Beneficial owner

Arrail Group Headlines

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