Hansoh Pharmaceutical Group Co (Hansoh Pharmaceutical Group Co) Receivables Turnover : 1.72 (As of Dec. 2023)

View and export this data going back to 2021. Start your Free Trial

What is Hansoh Pharmaceutical Group 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. Hansoh Pharmaceutical Group Co's Revenue for the six months ended in Dec. 2023 was $783 Mil. Hansoh Pharmaceutical Group Co's average Accounts Receivable for the six months ended in Dec. 2023 was $456 Mil. Hence, Hansoh Pharmaceutical Group Co's Receivables Turnover for the six months ended in Dec. 2023 was 1.72.

Hansoh Pharmaceutical Group Co Receivables Turnover Historical Data

The historical data trend for Hansoh Pharmaceutical Group 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.

Hansoh Pharmaceutical Group Co Receivables Turnover Chart

Hansoh Pharmaceutical Group Co Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Receivables Turnover

Get a 7-Day Free Trial

5.45

4.15

3.36

2.65

2.96

Hansoh Pharmaceutical Group Co Semi-Annual Data
	Dec16	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Receivables Turnover	Get a 7-Day Free Trial									1.85	1.38	1.49	1.30	1.72

Competitive Comparison of Hansoh Pharmaceutical Group Co's Receivables Turnover

For the Drug Manufacturers - Specialty & Generic subindustry, Hansoh Pharmaceutical Group 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.

Hansoh Pharmaceutical Group Co's Receivables Turnover Distribution in the Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, Hansoh Pharmaceutical Group Co's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Hansoh Pharmaceutical Group Co's Receivables Turnover falls into.

Hansoh Pharmaceutical Group Co Receivables Turnover Calculation

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

Hansoh Pharmaceutical Group Co'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 )
=	1415.059	/ (	(506.902	+	449.516)	/	2 )
=	1415.059	/	478.209
=	2.96

Hansoh Pharmaceutical Group Co'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: Jun. 2023 )	+	Accounts Receivable (Q: Dec. 2023 ))	/	count )
=	783.254	/ (	(461.979	+	449.516)	/	2 )
=	783.254	/	455.7475
=	1.72

Hansoh Pharmaceutical Group Co (OTCPK:HNSPF) 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.

Hansoh Pharmaceutical Group Co Receivables Turnover Related Terms

Thank you for viewing the detailed overview of Hansoh Pharmaceutical Group Co's Receivables Turnover provided by GuruFocus.com. Please click on the following links to see related term pages.

Hansoh Pharmaceutical Group Co (Hansoh Pharmaceutical Group Co) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Drug Manufacturers » Hansoh Pharmaceutical Group Co Ltd (OTCPK:HNSPF) » Definitions » Receivables Turnover

Traded in Other Exchanges

03692:Hong Kong

Address

287 Xiangke Road, Pudong New District, Shanghai, CHN, 201210

Website

https://www.hspharm.com

Hansoh Pharmaceutical Group Co Ltd is a research and development-driven pharmaceutical company in China. The company holds a broad, diversified drug portfolio in CNS diseases, oncology, anti-infectives, and diabetes. Further, it also focuses on metabolic diseases and anti-tumor. The majority of revenue is generated from the sale of pharmaceutical products in Mainland China.

Hansoh Pharmaceutical Group Co (Hansoh Pharmaceutical Group Co) Headlines

No Headlines