Dingdang Health Technology Group (HKSE:09886) Receivables Turnover : 20.94 (As of Dec. 2024)

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What is Dingdang Health Technology 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. Dingdang Health Technology Group's Revenue for the six months ended in Dec. 2024 was HK$2,564 Mil. Dingdang Health Technology Group's average Accounts Receivable for the six months ended in Dec. 2024 was HK$122 Mil. Hence, Dingdang Health Technology Group's Receivables Turnover for the six months ended in Dec. 2024 was 20.94.

Dingdang Health Technology Group Receivables Turnover Historical Data

The historical data trend for Dingdang Health Technology 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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Dingdang Health Technology Group Receivables Turnover Chart

Dingdang Health Technology Group Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Receivables Turnover

Get a 7-Day Free Trial

62.31

52.91

15.77

16.98

39.84

Dingdang Health Technology Group Semi-Annual Data
	Dec18	Dec19	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24	Dec24
Receivables Turnover	Get a 7-Day Free Trial						8.63	7.83	22.82	20.13	20.94

Competitive Comparison of Dingdang Health Technology Group's Receivables Turnover

For the Health Information Services subindustry, Dingdang Health Technology 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.

Dingdang Health Technology Group's Receivables Turnover Distribution in the Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, Dingdang Health Technology Group's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Dingdang Health Technology Group's Receivables Turnover falls into.

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Dingdang Health Technology Group Receivables Turnover Calculation

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

Dingdang Health Technology Group'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 )
=	4985.044	/ (	(124.015	+	126.247)	/	2 )
=	4985.044	/	125.131
=	39.84

Dingdang Health Technology Group'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 )
=	2563.677	/ (	(118.617	+	126.247)	/	2 )
=	2563.677	/	122.432
=	20.94

Dingdang Health Technology Group (HKSE:09886) 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.

Dingdang Health Technology Group Receivables Turnover Related Terms

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Dingdang Health Technology Group Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » Dingdang Health Technology Group Ltd (HKSE:09886) » Definitions » Receivables Turnover

Comparable Companies

Traded in Other Exchanges

N/A

Address

Dengshikou Street, Building 1, Yard 50, Dongcheng District, Beijing, CHN

Website

https://www.ddjkjt.com

Dingdang Health Technology Group Ltd is an investment holding company and its subsidiaries are principally engaged in the provision of pharmaceutical and healthcare business in the PRC. It is transforming and reshaping China's healthcare industry by pioneering on-demand pharmaceutical retail and medical consultation, with online-to-offline solutions.

Executives

Shen Zhen Zhao Yin Dian Xin Gu Quan Tou Zi Ji Jin Guan Li You Xian Gong Si	2201 Interest of corporation controlled by you
Shen Zhen Zhao Yin Dian Xin Xin Qu Shi Gu Quan Tou Zi Ji Jin He Huo Qi Ye You Xian He Huo	2201 Interest of corporation controlled by you
Guang Zhou Shi Zhao Xin Wu Ji Gu Quan Tou Zi He Huo Qi Ye You Xian He Huo	2201 Interest of corporation controlled by you
Tian Jin Shan Hai Yi Hao Qi Ye Guan Li Zi Xun He Huo Qi Ye You Xian He Huo	2101 Beneficial owner
Zhao Yin Guo Ji Jin Rong Kong Gu Shen Zhen You Xian Gong Si	2201 Interest of corporation controlled by you
Yang Xiao
Yang Yibin
Yang Wenlong
Chuang Ji Tou Zi You Xian Gong Si
Zhi Sheng Qi Ye You Xian Gong Si
Jin Fa You Xian Gong Si
Jian Fa You Xian Gong Si
Zhi Ying Ji Tuan You Xian Gong Si
Jian Xing You Xian Gong Si
Xing Xin You Xian Gong Si

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