Luk Hing Entertainment Group Holdings (HKSE:08052) Receivables Turnover: 38.02 (As of Jun. 2025)

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What is Luk Hing Entertainment Group Holdings Receivables Turnover?

Luk Hing Entertainment Group Holdings HKSE:08052 Receivables Turnover is 38.02 as of Jun. 2025. The stock has 3 warning signs investors should review.

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. Luk Hing Entertainment Group Holdings's Revenue for the six months ended in Jun. 2025 was HK$30.0 Mil. Luk Hing Entertainment Group Holdings's average Accounts Receivable for the six months ended in Jun. 2025 was HK$0.8 Mil. Hence, Luk Hing Entertainment Group Holdings's Receivables Turnover for the six months ended in Jun. 2025 was 38.02.


Luk Hing Entertainment Group Holdings  (HKSE:08052) 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.


Luk Hing Entertainment Group Holdings Receivables Turnover Related Terms


Luk Hing Entertainment Group Holdings Receivables Turnover Historical Data

* Premium members only.

The historical data trend for Luk Hing Entertainment Group 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.

Luk Hing Entertainment Group Holdings Receivables Turnover Chart

Luk Hing Entertainment Group Holdings Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 20.68 26.18 19.53 73.82 114.42

Luk Hing Entertainment Group Holdings Semi-Annual Data
Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25
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 39.75 34.19 39.21 128.63 38.02

HKSE:08052 vs LVS, MGM, WYNN: Receivables Turnover Comparison

For the Resorts & Casinos subindustry, Luk Hing Entertainment Group 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.


Luk Hing Entertainment Group Holdings Receivables Turnover vs Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Luk Hing Entertainment Group Holdings's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Luk Hing Entertainment Group Holdings's Receivables Turnover falls into.



Luk Hing Entertainment Group Holdings Receivables Turnover Calculation

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

Luk Hing Entertainment Group Holdings'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 )
=123.288 / ((1.525 + 0.63) / 2 )
=123.288 / 1.0775
=114.42

Luk Hing Entertainment Group Holdings's Receivables Turnover for the quarter that ended in Jun. 2025 is calculated as

Receivables Turnover (Q: Jun. 2025 )
=Revenue / Average Accounts Receivable
=Revenue (Q: Jun. 2025 ) / ((Accounts Receivable (Q: Dec. 2024 ) + Accounts Receivable (Q: Jun. 2025 )) / count )
=30.038 / ((0.63 + 0.95) / 2 )
=30.038 / 0.79
=38.02

* 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 38.02 mean?
Luk Hing Entertainment Group Holdings (HKSE:08052) has a Receivables Turnover of 38.02 as of Jun. 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 Luk Hing Entertainment Group Holdings and its competitors.
Is Luk Hing Entertainment Group Holdings' Receivables Turnover too high?
Luk Hing Entertainment Group Holdings' current Receivables Turnover is 38.02. The Travel & Leisure industry median Receivables Turnover is 14.21. Luk Hing Entertainment Group Holdings' value of 38.02 is 167.6% above this industry median.
How does Luk Hing Entertainment Group Holdings' Receivables Turnover compare to LVS and MGM?
Luk Hing Entertainment Group Holdings' Receivables Turnover of 38.02 can be compared against companies in the Travel & Leisure industry. The industry median Receivables Turnover is 14.21. Luk Hing Entertainment Group Holdings' value of 38.02 is 167.6% 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 Travel & Leisure company?
The median Receivables Turnover among Travel & Leisure companies is 14.21, based on 832 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. Luk Hing Entertainment Group Holdings's current Receivables Turnover of 38.02 is 167.6% 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 Luk Hing Entertainment Group Holdings and its competitors. For the Travel & Leisure industry, the median Receivables Turnover is 14.21 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Luk Hing Entertainment Group Holdings's current Receivables Turnover is 38.02. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Luk Hing Entertainment Group Holdings stock overvalued right now?
Luk Hing Entertainment Group Holdings (HKSE:08052) has a current Receivables Turnover of 38.02. The stock's GF Value™ is HK$0.04, compared to a current price of HK$0.04 — trading 2.5% above its estimated fair value. The current Receivables Turnover is 38.02 and 167.6% above the Travel & Leisure industry median of 14.21. 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 Luk Hing Entertainment Group Holdings (HKSE:08052), the current Receivables Turnover is 38.02 as of Jun. 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.

Luk Hing Entertainment Group Holdings Business Description

Address 87 Hung To Road, Unit 3C, 3rd Floor, Yue Xiu Industrial Building, Kwun Tong, Kowloon, HKG
Luk Hing Entertainment Group Holdings Ltd is an investment holding company. It is engaged in the food and beverage and entertainment industry. The company's principal activities are the operation of clubs and restaurants, organizing music-related featured events as well as granting loans to entities in the food and beverage and entertainment industry. It generates its revenue in the form of sponsorship income, entrance fee income, loan interest income, and sale of food, beverage, and other products. Geographically, the company generates a majority of its revenue from Hong Kong.