Sino Splendid Holdings (HKSE:08006) Receivables Turnover: 0.55 (As of Dec. 2025)

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What is Sino Splendid Holdings Receivables Turnover?

Sino Splendid Holdings HKSE:08006 Receivables Turnover is 0.55 as of Dec. 2025. The stock has 3 warning signs investors should review. Among 1,002 Media - Diversified companies, Sino Splendid Holdings ranks worse than 94.81% 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. Sino Splendid Holdings's Revenue for the six months ended in Dec. 2025 was HK$21.19 Mil. Sino Splendid Holdings's average Accounts Receivable for the six months ended in Dec. 2025 was HK$38.83 Mil. Hence, Sino Splendid Holdings's Receivables Turnover for the six months ended in Dec. 2025 was 0.55.


Sino Splendid Holdings  (HKSE:08006) 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.


Sino Splendid Holdings Receivables Turnover Related Terms


Sino Splendid Holdings Receivables Turnover Historical Data

* Premium members only.

The historical data trend for Sino Splendid Holdings'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.

Sino Splendid Holdings Receivables Turnover Chart

Sino Splendid Holdings Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.30 1.89 1.28 0.93 1.25

Sino Splendid Holdings Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
Receivables Turnover Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.80 0.49 0.28 0.48 0.55

HKSE:08006 vs NYT, WLY: Receivables Turnover Comparison

For the Publishing subindustry, Sino Splendid Holdings'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.


Sino Splendid Holdings Receivables Turnover vs Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Sino Splendid Holdings's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Sino Splendid Holdings's Receivables Turnover falls into.



Sino Splendid Holdings Receivables Turnover Calculation

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

Sino Splendid Holdings's Receivables Turnover for the fiscal year that ended in Dec. 2025 is calculated as

Receivables Turnover (A: Dec. 2025 )
=Revenue / Average Accounts Receivable
=Revenue (A: Dec. 2025 ) / ((Accounts Receivable (A: Dec. 2024 ) + Accounts Receivable (A: Dec. 2025 )) / count )
=40.152 / ((32.727 + 31.427) / 2 )
=40.152 / 32.077
=1.25

Sino Splendid Holdings's Receivables Turnover for the quarter that ended in Dec. 2025 is calculated as

Receivables Turnover (Q: Dec. 2025 )
=Revenue / Average Accounts Receivable
=Revenue (Q: Dec. 2025 ) / ((Accounts Receivable (Q: Jun. 2025 ) + Accounts Receivable (Q: Dec. 2025 )) / count )
=21.191 / ((46.228 + 31.427) / 2 )
=21.191 / 38.8275
=0.55

* 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 0.55 mean?
Sino Splendid Holdings (HKSE:08006) has a Receivables Turnover of 0.55 as of Dec. 2025. 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 Sino Splendid Holdings and its competitors. According to the industry distribution chart, Sino Splendid Holdings ranks #950 out of 1002 companies in the Media - Diversified industry, placing it in the top 94.8%.
Is Sino Splendid Holdings' Receivables Turnover too high?
Sino Splendid Holdings' current Receivables Turnover is 0.55. The Media - Diversified industry median Receivables Turnover is 5.47. Sino Splendid Holdings' value of 0.55 is 89.9% below this industry median. Based on the distribution chart, Sino Splendid Holdings ranks #950 out of 1002 companies in the Media - Diversified industry, which is in the bottom quartile relative to peers.
How does Sino Splendid Holdings' Receivables Turnover compare to NYT and WLY?
According to the Media - Diversified industry distribution chart, Sino Splendid Holdings ranks #950 out of 1002 companies for Receivables Turnover. This places Sino Splendid Holdings in the lower half of its industry. The industry median Receivables Turnover is 5.47. Sino Splendid Holdings' value of 0.55 is 89.9% below 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 Media - Diversified company?
The median Receivables Turnover among Media - Diversified companies is 5.47, based on 1,002 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. Sino Splendid Holdings's current Receivables Turnover of 0.55 is 89.9% below 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 Sino Splendid Holdings and its competitors. For the Media - Diversified industry, the median Receivables Turnover is 5.47 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Sino Splendid Holdings's current Receivables Turnover is 0.55. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sino Splendid Holdings stock overvalued right now?
Based on GuruFocus' analysis, Sino Splendid Holdings (HKSE:08006) is currently considered Modestly Overvalued. The stock's GF Value™ is HK$0.09, compared to a current price of HK$0.10 — trading 11.1% above its estimated fair value. The current Receivables Turnover is 0.55 and 89.9% below the Media - Diversified industry median of 5.47. 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 Sino Splendid Holdings (HKSE:08006), the current Receivables Turnover is 0.55 as of Dec. 2025. 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.

Sino Splendid Holdings Business Description

Other Exchanges HKM2:Germany
Address 18 Queen’s Road Central, Unit 506, 5th Floor, New World Tower 1, Central, Hong Kong, HKG
Sino Splendid Holdings Ltd is an investment holding company. The group is principally engaged in travel media operations with the provision of advertising services through internet and travel magazines, event organizing services, and magazine publication; provision of contents and advertising services in a financial magazine distributed in the People's Republic of China and investment in securities, virtual reality business, and money lending business. The company operates in five segments namely Travel media operations; Provision of contents and advertising services; Investment in securities; Money Lending; and Virtual reality business. It derives revenue from Financial Magazine and Other Media Business segment.