Jiumaojiu International Holdings (HKSE:09922) Receivables Turnover : 65.60 (As of Jun. 2024)

View and export this data going back to 2020. Start your Free Trial

What is Jiumaojiu International 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. Jiumaojiu International Holdings's Revenue for the six months ended in Jun. 2024 was HK$3,299 Mil. Jiumaojiu International Holdings's average Accounts Receivable for the six months ended in Jun. 2024 was HK$50 Mil. Hence, Jiumaojiu International Holdings's Receivables Turnover for the six months ended in Jun. 2024 was 65.60.

Jiumaojiu International Holdings Receivables Turnover Historical Data

The historical data trend for Jiumaojiu International 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.

Jiumaojiu International Holdings Receivables Turnover Chart

Jiumaojiu International Holdings Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Receivables Turnover

Get a 7-Day Free Trial

184.92

206.61

311.55

235.51

204.26

Jiumaojiu International Holdings Semi-Annual Data
	Dec16	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
Receivables Turnover	Get a 7-Day Free Trial										105.57	93.68	114.11	92.76	65.60

Competitive Comparison of Jiumaojiu International Holdings's Receivables Turnover

For the Restaurants subindustry, Jiumaojiu International 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.

Jiumaojiu International Holdings's Receivables Turnover Distribution in the Restaurants Industry

For the Restaurants industry and Consumer Cyclical sector, Jiumaojiu International Holdings's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Jiumaojiu International Holdings's Receivables Turnover falls into.

Jiumaojiu International Holdings Receivables Turnover Calculation

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

Jiumaojiu International 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 )
=	6547.196	/ (	(23.021	+	41.085)	/	2 )
=	6547.196	/	32.053
=	204.26

Jiumaojiu International Holdings's Receivables Turnover for the quarter that ended in Jun. 2024 is calculated as

	Receivables Turnover (Q: Jun. 2024 )
=	Revenue	/	Average Total Inventories
=	Revenue (Q: Jun. 2024 )	/ (	(Accounts Receivable (Q: Dec. 2023 )	+	Accounts Receivable (Q: Jun. 2024 ))	/	count )
=	3298.774	/ (	(41.085	+	59.492)	/	2 )
=	3298.774	/	50.2885
=	65.60

Jiumaojiu International Holdings (HKSE:09922) 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.

Jiumaojiu International Holdings Receivables Turnover Related Terms

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

Jiumaojiu International Holdings Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Restaurants » Jiumaojiu International Holdings Ltd (HKSE:09922) » Definitions » Receivables Turnover

Comparable Companies

Traded in Other Exchanges

3YU:Germany

Address

4 Zhujiang East Road, Zhujiang Street, Unit 202 Building 2, Jiucheng Technology Innovation Center, Nansha District, Guangzhou, CHN

Website

http://www.jiumaojiu.com

Jiumaojiu International is a Chinese multibrand restaurant operator. The firm generates most of its revenue from Tai Er, a restaurant chain that is known for its sauerkraut fish (steamed fish smothered in pickled cabbage). Established in 2015, Tai Er is immensely popular, with over 400 outlets in China, and is frequented particularly by the post-1990s generation.Other key concepts include the namesake concept Jiu Mao Jiu (nearly 80 units) and a newly created restaurant concept Song Hot Pot (almost 30 outlets), but the company's portfolio also includes other brands such as Uncle Chef (Cantonese cuisine) and Lai Mei Li (Chinese grilled fish). All of Jiumaojiu's restaurants are company-owned, as the firm is focusing more on the quality of its restaurants over quantity.

Executives

Jpmorgan Chase & Co.	2502 Approved lending agent
Invesco Asset Management Limited	2102 Investment manager
The Capital Group Companies, Inc.	2201 Interest of corporation controlled by you
Guan Yihong	2201 Interest of corporation controlled by you
Gyh J Limited	2101 Beneficial owner
Yang Sanyin	2202 Interest of your spouse
T. Rowe Price Associates, Inc. And Its Affiliates	2101 Beneficial owner
Chen Haixia	2201 Interest of corporation controlled by you
Mx J Limited	2101 Beneficial owner
Mt J Limited	2101 Beneficial owner

Jiumaojiu International Holdings Headlines

No Headlines