GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Guangdong Syntrust GK Testing and Certification Tech Service Center Co Ltd (HKSE:08629) » Definitions » Receivables Turnover

Guangdong Syntrust GK Testing and Certification Tech Service Center Co (HKSE:08629) Receivables Turnover : 0.62 (As of Dec. 2024)


View and export this data going back to 2024. Start your Free Trial

What is Guangdong Syntrust GK Testing and Certification Tech Service Center Co 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. Guangdong Syntrust GK Testing and Certification Tech Service Center Co's Revenue for the six months ended in Dec. 2024 was HK$34.63 Mil. Guangdong Syntrust GK Testing and Certification Tech Service Center Co's average Accounts Receivable for the six months ended in Dec. 2024 was HK$55.73 Mil. Hence, Guangdong Syntrust GK Testing and Certification Tech Service Center Co's Receivables Turnover for the six months ended in Dec. 2024 was 0.62.

Guangdong Syntrust GK Testing and Certification Tech Service Center Co Receivables Turnover Historical Data

The historical data trend for Guangdong Syntrust GK Testing and Certification Tech Service Center Co'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.

Guangdong Syntrust GK Testing and Certification Tech Service Center Co Receivables Turnover Chart

Guangdong Syntrust GK Testing and Certification Tech Service Center Co Annual Data
Trend Dec21 Dec22 Dec23 Dec24
Receivables Turnover
1.09 0.53 1.26 1.40

Guangdong Syntrust GK Testing and Certification Tech Service Center Co Semi-Annual Data
Dec21 Dec22 Jun23 Dec23 Jun24 Dec24
Receivables Turnover Get a 7-Day Free Trial - 0.45 0.86 0.54 0.62

Competitive Comparison of Guangdong Syntrust GK Testing and Certification Tech Service Center Co's Receivables Turnover

For the Engineering & Construction subindustry, Guangdong Syntrust GK Testing and Certification Tech Service Center Co'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.

Guangdong Syntrust GK Testing and Certification Tech Service Center Co's Receivables Turnover Distribution in the Construction Industry

For the Construction industry and Industrials sector, Guangdong Syntrust GK Testing and Certification Tech Service Center Co's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Guangdong Syntrust GK Testing and Certification Tech Service Center Co's Receivables Turnover falls into.


;
;

Guangdong Syntrust GK Testing and Certification Tech Service Center Co Receivables Turnover Calculation

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

Guangdong Syntrust GK Testing and Certification Tech Service Center Co'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 )
=59 / ((32.075 + 51.928) / 2 )
=59 / 42.0015
=1.40

Guangdong Syntrust GK Testing and Certification Tech Service Center Co'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 )
=34.625 / ((59.537 + 51.928) / 2 )
=34.625 / 55.7325
=0.62

* 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.

Guangdong Syntrust GK Testing and Certification Tech Service Center Co  (HKSE:08629) 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.

Guangdong Syntrust GK Testing and Certification Tech Service Center Co Receivables Turnover Related Terms

Thank you for viewing the detailed overview of Guangdong Syntrust GK Testing and Certification Tech Service Center Co's Receivables Turnover provided by GuruFocus.com. Please click on the following links to see related term pages.

Guangdong Syntrust GK Testing and Certification Tech Service Center Co Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Guangdong Syntrust GK Testing and Certification Tech Service Center Co Ltd (HKSE:08629) » Definitions » Receivables Turnover
Comparable Companies
HKSE:08188 HKSE:02163 HKSE:08021 HKSE:00896 HKSE:00871 HKSE:06063 HKSE:08305 HKSE:01447 HKSE:00385 HKSE:06038 XPAR:DG NSE:LT PWR SHSE:601668 TSX:WSP EME HKSE:01800 SHSE:601390 XPAR:EN XMAD:ACS
Traded in Other Exchanges
N/A
Address
No. 1, Xinyi Avenue South, Dingbao Town, Xinyi City, Guangdong Province, Maoming, CHN
Website
https://www.xyjiance.cn
Guangdong Syntrust GK Testing and Certification Tech Service Center Co Ltd is principally engaged in the provision of construction engineering testing and inspection services, serving customers in Maoming, Guangdong Province of China. It offers construction engineering testing services, including foundation testing services, infrastructure and public roads testing services, construction material testing services, as well as building structure testing services. Additionally, it provides construction engineering inspection services, including slope monitoring and foundation pit monitoring services. The company generates almost all of its revenue from Testing services. Geographically entire revenue is generated from mainland China.
Executives
Chen Menghua 2101 Beneficial owner
Z K 2101 Beneficial owner
Lln Sheng Yu 2101 Beneficial owner
Lu Sili 2101 Beneficial owner
Zhang Yunling 2101 Beneficial owner
Liang Yishuang 2101 Beneficial owner
Lin Jiangjun 2101 Beneficial owner
Yue Hai Zi Chan Guan Li You Xian Gong Si 2101 Beneficial owner

Guangdong Syntrust GK Testing and Certification Tech Service Center Co Headlines

No Headlines