Taste Gourmet Group (HKSE:08371) Receivables Turnover : 0.00 (As of Sep. 2024)

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What is Taste Gourmet Group 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. Taste Gourmet Group's Revenue for the three months ended in Sep. 2024 was HK$0 Mil. Taste Gourmet Group's average Accounts Receivable for the three months ended in Sep. 2024 was HK$16 Mil.

Taste Gourmet Group Receivables Turnover Historical Data

The historical data trend for Taste Gourmet Group'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.

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Taste Gourmet Group Receivables Turnover Chart

Taste Gourmet Group Annual Data

Trend

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Receivables Turnover

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214.48

226.62

246.98

299.85

223.01

Taste Gourmet Group Quarterly Data
	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Sep24
Receivables Turnover	Get a 7-Day Free Trial															68.65	14.12	13.85	44.68	-

Competitive Comparison of Taste Gourmet Group's Receivables Turnover

For the Restaurants subindustry, Taste Gourmet Group'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.

Taste Gourmet Group's Receivables Turnover Distribution in the Restaurants Industry

For the Restaurants industry and Consumer Cyclical sector, Taste Gourmet Group's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Taste Gourmet Group's Receivables Turnover falls into.

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Taste Gourmet Group Receivables Turnover Calculation

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

Taste Gourmet Group's Receivables Turnover for the fiscal year that ended in Mar. 2024 is calculated as

	Receivables Turnover (A: Mar. 2024 )
=	Revenue	/	Average Total Inventories
=	Revenue (A: Mar. 2024 )	/ (	(Accounts Receivable (A: Mar. 2023 )	+	Accounts Receivable (A: Mar. 2024 ))	/	count )
=	1023.946	/ (	(3.214	+	5.969)	/	2 )
=	1023.946	/	4.5915
=	223.01

Taste Gourmet Group's Receivables Turnover for the quarter that ended in Sep. 2024 is calculated as

	Receivables Turnover (Q: Sep. 2024 )
=	Revenue	/	Average Total Inventories
=	Revenue (Q: Sep. 2024 )	/ (	(Accounts Receivable (Q: Mar. 2024 )	+	Accounts Receivable (Q: Sep. 2024 ))	/	count )
=	0	/ (	(5.969	+	26.652)	/	2 )
=	0	/	16.3105
=	N/A

Taste Gourmet Group (HKSE:08371) 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.

Taste Gourmet Group Receivables Turnover Related Terms

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Taste Gourmet Group Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Restaurants » Taste Gourmet Group Ltd (HKSE:08371) » Definitions » Receivables Turnover

Comparable Companies

Traded in Other Exchanges

N/A

Address

99-101 Jervois Street, Unit B, 24th Floor, Crawford Tower, Sheung Wan, Hong Kong, HKG

Website

http://www.tastegourmet.com.hk

Taste Gourmet Group Ltd operates as a holding company. Along with its subsidiaries, it is engaged in operating restaurants serving different kinds of cuisines in Hong Kong and the People's Republic of China (PRC). The restaurants operated by the group offer Vietnamese, Japanese, Chinese, Western cuisines, and other cuisines. Its restaurant's brands comprise La'taste Vietnamese Cuisine, Rakuraku Ramen, Dab-Pa Peking and Szechuan Cuisine, Dab-Pa Peking and Szechuan Bistro, Urawa Japanese Restaurant, Nabe Urawa and Say Cheese, and others. Geographically, the company derives a majority of its revenue from Hong Kong.

Executives

Ikeab Limited	2101 Beneficial owner
Chan Wai Chun	2201 Interest of corporation controlled by you
Wong Ngai Shan	2201 Interest of corporation controlled by you

Taste Gourmet Group Headlines

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