Classified Group (Holdings) (HKSE:08232) Receivables Turnover : 27.63 (As of Dec. 2023)

View and export this data going back to 2016. Start your Free Trial

What is Classified Group (Holdings) 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. Classified Group (Holdings)'s Revenue for the three months ended in Dec. 2023 was HK$9.86 Mil. Classified Group (Holdings)'s average Accounts Receivable for the three months ended in Dec. 2023 was HK$0.36 Mil. Hence, Classified Group (Holdings)'s Receivables Turnover for the three months ended in Dec. 2023 was 27.63.

Classified Group (Holdings) Receivables Turnover Historical Data

The historical data trend for Classified 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.

* Premium members only.

Classified Group (Holdings) Receivables Turnover Chart

Classified Group (Holdings) Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Receivables Turnover

Get a 7-Day Free Trial

25.16

10.43

10.65

15.48

105.84

Classified Group (Holdings) Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Receivables Turnover	Get a 7-Day Free Trial															25.18	26.38	1.93	1.73	27.63

Competitive Comparison of Classified Group (Holdings)'s Receivables Turnover

For the Restaurants subindustry, Classified 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.

Classified Group (Holdings)'s Receivables Turnover Distribution in the Restaurants Industry

For the Restaurants industry and Consumer Cyclical sector, Classified Group (Holdings)'s Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Classified Group (Holdings)'s Receivables Turnover falls into.

Classified Group (Holdings) Receivables Turnover Calculation

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

Classified Group (Holdings)'s Receivables Turnover for the fiscal year that ended in Dec. 2023 is calculated as

	Receivables Turnover (A: Dec. 2023 )
=	Revenue	/	Average Total Inventories
=	Revenue (A: Dec. 2023 )	/ (	(Accounts Receivable (A: Dec. 2022 )	+	Accounts Receivable (A: Dec. 2023 ))	/	count )
=	36.357	/ (	(0.33	+	0.357)	/	2 )
=	36.357	/	0.3435
=	105.84

Classified Group (Holdings)'s Receivables Turnover for the quarter that ended in Dec. 2023 is calculated as

	Receivables Turnover (Q: Dec. 2023 )
=	Revenue	/	Average Total Inventories
=	Revenue (Q: Dec. 2023 )	/ (	(Accounts Receivable (Q: Sep. 2023 )	+	Accounts Receivable (Q: Dec. 2023 ))	/	count )
=	9.863	/ (	(0	+	0.357)	/	1 )
=	9.863	/	0.357
=	27.63

Classified Group (Holdings) (HKSE:08232) 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.

Classified Group (Holdings) Receivables Turnover Related Terms

Thank you for viewing the detailed overview of Classified Group (Holdings)'s Receivables Turnover provided by GuruFocus.com. Please click on the following links to see related term pages.

Classified Group (Holdings) (HKSE:08232) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Restaurants » Classified Group (Holdings) Ltd (HKSE:08232) » Definitions » Receivables Turnover

Comparable Companies

Traded in Other Exchanges

N/A

Address

30 Wong Chuk Hang Road, 2nd Floor, Cheung Tak Industrial Building, Wong Chuk Hang, Hong Kong, HKG

Website

https://www.classifiedgroup.com.hk

Classified Group (Holdings) Ltd is a food and beverage company. It is engaged in the Casual restaurant operations segment in which customers would place orders at the front desk and basic table service is provided by the delivery of ordered food to the table. The casual restaurants aim to provide a more casual and relaxing atmosphere. All the group's operations are located in Hong Kong.

Classified Group (Holdings) (HKSE:08232) Headlines

No Headlines