Unitas Holdings (HKSE:08020) Receivables Turnover: 11.02 (As of Mar. 2026)

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What is Unitas Holdings Receivables Turnover?

Unitas Holdings HKSE:08020 Receivables Turnover is 11.02 as of Mar. 2026. The stock has 5 warning signs investors should review. Among 997 Transportation companies, Unitas Holdings ranks better than 79.24% 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. Unitas Holdings's Revenue for the six months ended in Mar. 2026 was HK$31.38 Mil. Unitas Holdings's average Accounts Receivable for the six months ended in Mar. 2026 was HK$2.85 Mil. Hence, Unitas Holdings's Receivables Turnover for the six months ended in Mar. 2026 was 11.02.


Unitas Holdings  (HKSE:08020) 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.


Unitas Holdings Receivables Turnover Related Terms


Unitas Holdings Receivables Turnover Historical Data

* Premium members only.

The historical data trend for Unitas 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.

Unitas Holdings Receivables Turnover Chart

Unitas Holdings Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 6.47 10.08 5.89 5.48 14.73

Unitas Holdings Semi-Annual Data
Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 Mar26
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 3.10 3.07 3.22 8.41 11.02

Unitas Holdings Receivables Turnover Competitor Comparison

For the Marine Shipping subindustry, Unitas 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.


Unitas Holdings Receivables Turnover vs Transportation Industry

For the Transportation industry and Industrials sector, Unitas Holdings's Receivables Turnover distribution charts can be found below:

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



Unitas Holdings Receivables Turnover Calculation

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

Unitas Holdings's Receivables Turnover for the fiscal year that ended in Mar. 2026 is calculated as

Receivables Turnover (A: Mar. 2026 )
=Revenue / Average Accounts Receivable
=Revenue (A: Mar. 2026 ) / ((Accounts Receivable (A: Mar. 2025 ) + Accounts Receivable (A: Mar. 2026 )) / count )
=91.389 / ((10.493 + 1.914) / 2 )
=91.389 / 6.2035
=14.73

Unitas Holdings's Receivables Turnover for the quarter that ended in Mar. 2026 is calculated as

Receivables Turnover (Q: Mar. 2026 )
=Revenue / Average Accounts Receivable
=Revenue (Q: Mar. 2026 ) / ((Accounts Receivable (Q: Sep. 2025 ) + Accounts Receivable (Q: Mar. 2026 )) / count )
=31.382 / ((3.784 + 1.914) / 2 )
=31.382 / 2.849
=11.02

* 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 11.02 mean?
Unitas Holdings (HKSE:08020) has a Receivables Turnover of 11.02 as of Mar. 2026. 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 Unitas Holdings and its competitors. According to the industry distribution chart, Unitas Holdings ranks #207 out of 997 companies in the Transportation industry, placing it in the top 20.8%.
Is Unitas Holdings' Receivables Turnover too high?
Unitas Holdings' current Receivables Turnover is 11.02. The Transportation industry median Receivables Turnover is 7.80. Unitas Holdings' value of 11.02 is 41.3% above this industry median. Based on the distribution chart, Unitas Holdings ranks #207 out of 997 companies in the Transportation industry, which is in the top quartile — a strong position relative to peers.
How does Unitas Holdings' Receivables Turnover compare to competitors?
According to the Transportation industry distribution chart, Unitas Holdings ranks #207 out of 997 companies for Receivables Turnover. This places Unitas Holdings in the top 21% of its industry — outperforming the majority of peers. The industry median Receivables Turnover is 7.80. Unitas Holdings' value of 11.02 is 41.3% 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 Transportation company?
The median Receivables Turnover among Transportation companies is 7.80, based on 997 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. Unitas Holdings's current Receivables Turnover of 11.02 is 41.3% 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 Unitas Holdings and its competitors. For the Transportation industry, the median Receivables Turnover is 7.80 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Unitas Holdings's current Receivables Turnover is 11.02. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Unitas Holdings stock overvalued right now?
Unitas Holdings (HKSE:08020) has a current Receivables Turnover of 11.02. The current Receivables Turnover is 11.02 and 41.3% above the Transportation industry median of 7.80. 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 Unitas Holdings (HKSE:08020), the current Receivables Turnover is 11.02 as of Mar. 2026. 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.

Unitas Holdings Business Description

Address 133 Hoi Bun Road, Flat C, 16th Floor, MG Tower, Kwun Tong, Hong Kong, HKG
Unitas Holdings Ltd is an investment holding company. Along with subsidiary companies, it is engaged in the operating segments of Dry bulk shipping and logistic services, as well as IP automation and entertainment business, and other. It generates maximum revenue from the Dry bulk shipping and logistic services segment, providing international dry bulk shipping/ocean freight forwarding related logistics services; and IP automation and entertainment business includes the operation of two IP thematic experience centres, management and operation of four mega integrated edutainment and sports experience playgrounds, and the provision of IP related brand management and marketing consulting services. It has geographic presence in Hong Kong, Mainland China, Macau, and Singapore.