Metropolis Capital Holdings (HKSE:08621) Receivables Turnover : 0.09 (As of Dec. 2023)

View and export this data going back to 2018. Start your Free Trial

What is Metropolis Capital 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. Metropolis Capital Holdings's Revenue for the three months ended in Dec. 2023 was HK$14.89 Mil. Metropolis Capital Holdings's average Accounts Receivable for the three months ended in Dec. 2023 was HK$164.88 Mil. Hence, Metropolis Capital Holdings's Receivables Turnover for the three months ended in Dec. 2023 was 0.09.

Metropolis Capital Holdings Receivables Turnover Historical Data

The historical data trend for Metropolis Capital 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.

Metropolis Capital Holdings Receivables Turnover Chart

Metropolis Capital Holdings Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Receivables Turnover

Get a 7-Day Free Trial

1.72

1.03

0.70

0.57

0.40

Metropolis Capital 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															0.11	0.12	0.13	0.11	0.09

Competitive Comparison of Metropolis Capital Holdings's Receivables Turnover

For the Credit Services subindustry, Metropolis Capital 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.

Metropolis Capital Holdings's Receivables Turnover Distribution in the Credit Services Industry

For the Credit Services industry and Financial Services sector, Metropolis Capital Holdings's Receivables Turnover distribution charts can be found below:

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

Metropolis Capital Holdings Receivables Turnover Calculation

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

Metropolis Capital 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 )
=	54.277	/ (	(103.349	+	164.876)	/	2 )
=	54.277	/	134.1125
=	0.40

Metropolis Capital 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 )
=	14.892	/ (	(0	+	164.876)	/	1 )
=	14.892	/	164.876
=	0.09

Metropolis Capital Holdings (HKSE:08621) 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.

Metropolis Capital Holdings Receivables Turnover Related Terms

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

Metropolis Capital Holdings (HKSE:08621) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Credit Services » Metropolis Capital Holdings Ltd (HKSE:08621) » Definitions » Receivables Turnover

Comparable Companies

Traded in Other Exchanges

N/A

Address

Room 7003A, 887 Huai Hai Zhong Road, Huangpu District, Shanghai, CHN, 200020

Website

https://www.metropolis-leasing.com

Metropolis Capital Holdings Ltd is a financial leasing company engaged in providing customized vehicle finance leasing to its customers. The Group categorizes its vehicle finance leasing into typical finance leasing and sale and leaseback arrangements. Typical finance leasing generally involves the leasing of the vehicle acquired by the company from a vehicle dealer prior to a lease transaction, and The sale and leaseback arrangement generally involves the leasing of a new or second-hand vehicle acquired by its customer from a vehicle dealer prior to a lease transaction. The Group's operation is in the People's Republic of China.

Executives

View Art Investment Limited
Chau David

Metropolis Capital Holdings (HKSE:08621) Headlines

No Headlines