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Kinetix Systems Holdings (HKSE:08606) Receivables Turnover : 0.00 (As of Dec. 2024)


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What is Kinetix Systems 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. Kinetix Systems Holdings's Revenue for the three months ended in Dec. 2024 was HK$0.0 Mil. Kinetix Systems Holdings's average Accounts Receivable for the three months ended in Dec. 2024 was HK$57.0 Mil.


Kinetix Systems Holdings Receivables Turnover Historical Data

The historical data trend for Kinetix Systems 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.

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Kinetix Systems Holdings Receivables Turnover Chart

Kinetix Systems 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 7.41 5.83 6.11 5.36 6.26

Kinetix Systems Holdings Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Jun24 Dec24
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 1.44 1.33 1.61 - -

Competitive Comparison of Kinetix Systems Holdings's Receivables Turnover

For the Information Technology Services subindustry, Kinetix Systems 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.


Kinetix Systems Holdings's Receivables Turnover Distribution in the Software Industry

For the Software industry and Technology sector, Kinetix Systems Holdings's Receivables Turnover distribution charts can be found below:

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


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Kinetix Systems Holdings Receivables Turnover Calculation

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

Kinetix Systems Holdings's Receivables Turnover for the fiscal year that ended in Dec. 2024 is calculated as

Receivables Turnover (A: Dec. 2024 )
=Revenue / Average Total Inventories
=Revenue (A: Dec. 2024 ) / ((Accounts Receivable (A: Dec. 2023 ) + Accounts Receivable (A: Dec. 2024 )) / count )
=335.346 / ((66.8 + 40.298) / 2 )
=335.346 / 53.549
=6.26

Kinetix Systems Holdings's Receivables Turnover for the quarter that ended in Dec. 2024 is calculated as

Receivables Turnover (Q: Dec. 2024 )
=Revenue / Average Total Inventories
=Revenue (Q: Dec. 2024 ) / ((Accounts Receivable (Q: Jun. 2024 ) + Accounts Receivable (Q: Dec. 2024 )) / count )
=0 / ((73.768 + 40.298) / 2 )
=0 / 57.033
=N/A

* 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.


Kinetix Systems Holdings  (HKSE:08606) 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.


Kinetix Systems Holdings Receivables Turnover Related Terms

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Kinetix Systems Holdings Business Description

Traded in Other Exchanges
N/A
Address
165 Hoi Bun Road, 6th Floor, Upper Living, Kwun Tong, Kowloon, Hong Kong, HKG
Kinetix Systems Holdings Ltd is an Information Technology (IT) services provider. The company operates in three segments, which include the Provision of IT infrastructure solutions services, the Provision of IT development solutions services, and the Provision of IT maintenance and support services. The majority of its revenue comes from the IT infrastructure solutions services segment, which includes IT infrastructure, procurement of hardware and software, installation and testing & integration services, and system analysis & design, software development, and technology consultancy. Its geographical segments are Hong Kong, Macau, Singapore, and the United Kingdom, of which the vast majority of its revenue comes from Hong Kong.
Executives
Vigorous King Limited 2101 Beneficial owner
Tong Po Ki Vicky 2202 Interest of your spouse
Yu Larry 2201 Interest of corporation controlled by you
Lam Sze Chun Jackson 2101 Beneficial owner
Goldlink Hong Kong Investment Limited 2101 Beneficial owner
Rich Trend Hong Kong Investment Limited 2101 Beneficial owner
Leung Wan Hung 2202 Interest of your spouse
Yiu Wai Ki 2101 Beneficial owner

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