Voyah Automobile Technology Co (HKSE:07489) Receivables Turnover: 23.68 (As of Dec. 2024)

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HKSE:07489 Voyah Automobile Technology Co Ltd HKSE:07489
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Price HK$1.97
! 5 Warning Signs
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What is Voyah Automobile Technology Co Receivables Turnover?

Voyah Automobile Technology Co HKSE:07489 +0.51% 12 Receivables Turnover is 23.68 as of Dec. 2024. GuruFocus rates HKSE:07489 with a GF Score™ of 12/100. The stock has 5 warning signs investors should review. Among 1,323 Vehicles & Parts companies, Voyah Automobile Technology Co ranks better than 99.7% on this metric.

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. Voyah Automobile Technology Co's Revenue for the six months ended in Dec. 2024 was HK$21,114 Mil. Voyah Automobile Technology Co's average Accounts Receivable for the six months ended in Dec. 2024 was HK$892 Mil. Hence, Voyah Automobile Technology Co's Receivables Turnover for the six months ended in Dec. 2024 was 23.68.


Voyah Automobile Technology Co  (HKSE:07489) 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.


Voyah Automobile Technology Co Receivables Turnover Related Terms


Voyah Automobile Technology Co Receivables Turnover Historical Data

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The historical data trend for Voyah Automobile Technology 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.

Voyah Automobile Technology Co Receivables Turnover Chart

Voyah Automobile Technology Co Annual Data
Trend Dec22 Dec23 Dec24
Receivables Turnover
172.01 29.40 23.68

Voyah Automobile Technology Co Semi-Annual Data
Dec22 Dec23 Dec24
Receivables Turnover 172.01 29.40 23.68

HKSE:07489 vs TSLA, GM, F: Receivables Turnover Comparison

For the Auto Manufacturers subindustry, Voyah Automobile Technology 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.


Voyah Automobile Technology Co Receivables Turnover vs Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Voyah Automobile Technology Co's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Voyah Automobile Technology Co's Receivables Turnover falls into.


HKSE:07489
12GF Score
Voyah Automobile Technology Co Ltd HKSE:07489
Receivables Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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Voyah Automobile Technology Co Receivables Turnover Calculation

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

Voyah Automobile Technology Co's Receivables Turnover for the fiscal year that ended in Dec. 2024 is calculated as

Receivables Turnover (A: Dec. 2024 )
=Revenue / Average Accounts Receivable
=Revenue (A: Dec. 2024 ) / ((Accounts Receivable (A: Dec. 2023 ) + Accounts Receivable (A: Dec. 2024 )) / count )
=21114.36376388 / ((921.4412695567 + 861.76382061856) / 2 )
=21114.36376388 / 891.60254508763
=23.68

Voyah Automobile Technology Co's Receivables Turnover for the quarter that ended in Dec. 2024 is calculated as

Receivables Turnover (Q: Dec. 2024 )
=Revenue / Average Accounts Receivable
=Revenue (Q: Dec. 2024 ) / ((Accounts Receivable (Q: Dec. 2023 ) + Accounts Receivable (Q: Dec. 2024 )) / count )
=21114.36376388 / ((921.4412695567 + 861.76382061856) / 2 )
=21114.36376388 / 891.60254508763
=23.68

* 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.

Frequently Asked Questions Learn more about Receivables Turnover →
What does a Receivables Turnover of 23.68 mean?
Voyah Automobile Technology Co (HKSE:07489) has a Receivables Turnover of 23.68 as of Dec. 2024. The accounts 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. View historical data on Voyah Automobile Technology Co and its competitors. According to the industry distribution chart, Voyah Automobile Technology Co ranks #4 out of 1323 companies in the Vehicles & Parts industry, placing it in the top 0.3%.
Is Voyah Automobile Technology Co's Receivables Turnover too high?
Voyah Automobile Technology Co's current Receivables Turnover is 23.68. The Vehicles & Parts industry median Receivables Turnover is 6.00. Voyah Automobile Technology Co's value of 23.68 is 294.7% above this industry median. Based on the distribution chart, Voyah Automobile Technology Co ranks #4 out of 1323 companies in the Vehicles & Parts industry, which is in the top quartile — a strong position relative to peers. Overall, Voyah Automobile Technology Co has a GF Score™ of 12/100, reflecting its overall financial health beyond just this single metric.
How does Voyah Automobile Technology Co's Receivables Turnover compare to TSLA and GM?
According to the Vehicles & Parts industry distribution chart, Voyah Automobile Technology Co ranks #4 out of 1323 companies for Receivables Turnover. This places Voyah Automobile Technology Co in the top 0% of its industry — outperforming the majority of peers. The industry median Receivables Turnover is 6.00. Voyah Automobile Technology Co's value of 23.68 is 294.7% above this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Receivables Turnover for a Vehicles & Parts company?
The median Receivables Turnover among Vehicles & Parts companies is 6.00, based on 1,323 companies in the industry. Companies in the top quartile (top 25%) have a Receivables Turnover significantly above this median, while those in the bottom quartile fall well below. However, Receivables Turnover should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Voyah Automobile Technology Co's current Receivables Turnover of 23.68 is 294.7% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Receivables Turnover mean?
A high Receivables Turnover can signal that a stock is expensive relative to its fundamentals. The accounts 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. View historical data on Voyah Automobile Technology Co and its competitors. For the Vehicles & Parts industry, the median Receivables Turnover is 6.00 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Voyah Automobile Technology Co's current Receivables Turnover is 23.68. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Voyah Automobile Technology Co stock overvalued right now?
Voyah Automobile Technology Co (HKSE:07489) has a current Receivables Turnover of 23.68. The current Receivables Turnover is 23.68 and 294.7% above the Vehicles & Parts industry median of 6.00. Voyah Automobile Technology Co's overall GF Score™ is 12/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Receivables Turnover calculated?
Receivables Turnover is calculated from a company's financial statements. For Voyah Automobile Technology Co (HKSE:07489), the current Receivables Turnover is 23.68 as of Dec. 2024. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Voyah Automobile Technology Co Business Description

Address No. 1, Yongfeng Ring Road, Hanyang District, Hubei Province, Wuhan, CHN
Voyah Automobile Technology Co Ltd is an intelligent NEV brand under DFM, one of the Chinese vast central state-owned automobile groups. The group designs, develops, and sells premium NEVs, epitomizing the leap from manufacturing to smart manufacturing among Chinese brands. Drawing on the DFG's automotive manufacturing heritage, it achieves breakthroughs in safety, battery-motor-control systems, and smart technologies. The group focused on the premium segment in China's NEV market. It has launched five NEV series, such as the VOYAH FREE series, a mid-to large-sized SUV; the VOYAH DREAM series, which is a flagship luxury MPV; the VOYAH PASSION series, a flagship sedan; the VOYAH COURAGE series, a mid-sized SUV; and the VOYAH TAISHAN series, a flagship six-seat full-size SUV.
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