Leader Hill (Leader Hill) Receivables Turnover : 1.00 (As of Aug. 2022)

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What is Leader Hill 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. Leader Hill's Revenue for the three months ended in Aug. 2022 was $0.00 Mil. Leader Hill's average Accounts Receivable for the three months ended in Aug. 2022 was $0.00 Mil. Hence, Leader Hill's Receivables Turnover for the three months ended in Aug. 2022 was 1.00.

Leader Hill Receivables Turnover Historical Data

The historical data trend for Leader Hill'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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Leader Hill Receivables Turnover Chart

Leader Hill Annual Data

Trend

Nov17

Nov18

Nov19

Nov20

Nov21

Receivables Turnover

1.00

1.25

Leader Hill Quarterly Data
	Nov17	Feb18	May18	Aug18	Nov18	Feb19	May19	Aug19	Nov19	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22
Receivables Turnover	Get a 7-Day Free Trial															-	-	-	-	1.00

Competitive Comparison of Leader Hill's Receivables Turnover

For the Specialty Business Services subindustry, Leader Hill'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.

Leader Hill's Receivables Turnover Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Leader Hill's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Leader Hill's Receivables Turnover falls into.

Leader Hill Receivables Turnover Calculation

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

Leader Hill's Receivables Turnover for the fiscal year that ended in Nov. 2021 is calculated as

	Receivables Turnover (A: Nov. 2021 )
=	Revenue	/	Average Total Inventories
=	Revenue (A: Nov. 2021 )	/ (	(Accounts Receivable (A: Nov. 2020 )	+	Accounts Receivable (A: Nov. 2021 ))	/	count )
=	0	/ (	(0	+	0)	/	1 )
=	0	/	0
=	N/A

Leader Hill's Receivables Turnover for the quarter that ended in Aug. 2022 is calculated as

	Receivables Turnover (Q: Aug. 2022 )
=	Revenue	/	Average Total Inventories
=	Revenue (Q: Aug. 2022 )	/ (	(Accounts Receivable (Q: May. 2022 )	+	Accounts Receivable (Q: Aug. 2022 ))	/	count )
=	0.001	/ (	(0	+	0.001)	/	1 )
=	0.001	/	0.001
=	1.00

Leader Hill (OTCPK:LHIL) 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.

Leader Hill Receivables Turnover Related Terms

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Leader Hill (Leader Hill) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Leader Hill Corp (OTCPK:LHIL) » Definitions » Receivables Turnover

Comparable Companies

AGNY TSE:9252 TSE:7922 XPAR:MLV4S JSE:ATI TSE:7369 ASX:MIL SGX:40W TSE:9087 HKSE:00309

Traded in Other Exchanges

N/A

Address

Room 0701, Unit 2, Building 11, Shui’an Xindu, Coastal Industrial Base, Liaoning Province, Yingkou, CHN, 115000

Website

http://www.leaderhill.com

Leader Hill Corp operates in the industry of business consulting that intends to assist start-up to mid-size companies in the East Asia region, with a focus on mainland China and Hong Kong. Its core services are divided into four categories: company formation, corporate secretarial and administration, accounting and bookkeeping, and general business consulting services.

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