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Beijing Energy International Holding Co (Beijing Energy International Holding Co) Receivables Turnover : 8.81 (As of Dec. 2023)


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What is Beijing Energy International Holding 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. Beijing Energy International Holding Co's Revenue for the six months ended in Dec. 2023 was $419.3 Mil. Beijing Energy International Holding Co's average Accounts Receivable for the six months ended in Dec. 2023 was $47.6 Mil. Hence, Beijing Energy International Holding Co's Receivables Turnover for the six months ended in Dec. 2023 was 8.81.


Beijing Energy International Holding Co Receivables Turnover Historical Data

The historical data trend for Beijing Energy International Holding 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.

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Beijing Energy International Holding Co Receivables Turnover Chart

Beijing Energy International Holding Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 35.44 39.55 17.92 13.65 17.82

Beijing Energy International Holding Co Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Receivables Turnover Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 7.58 6.01 5.79 7.12 8.81

Competitive Comparison of Beijing Energy International Holding Co's Receivables Turnover

For the Utilities - Renewable subindustry, Beijing Energy International Holding 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.


Beijing Energy International Holding Co's Receivables Turnover Distribution in the Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, Beijing Energy International Holding Co's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Beijing Energy International Holding Co's Receivables Turnover falls into.



Beijing Energy International Holding Co Receivables Turnover Calculation

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

Beijing Energy International Holding 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 )
=779.81 / ((46.617 + 40.895) / 2 )
=779.81 / 43.756
=17.82

Beijing Energy International Holding 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 )
=419.316 / ((54.319 + 40.895) / 2 )
=419.316 / 47.607
=8.81

* 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.


Beijing Energy International Holding Co  (OTCPK:PVLTF) 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.


Beijing Energy International Holding Co Receivables Turnover Related Terms

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Beijing Energy International Holding Co (Beijing Energy International Holding Co) Business Description

Traded in Other Exchanges
Address
Shun Tak Centre, 168-200 Connaught Road Central, Unit 1012, 10th Floor, West Tower, Hong Kong, HKG
Beijing Energy International Holding Co Ltd is principally engaged in the development, investment, operation, and management of solar power plants and other renewable energy projects. It has one reportable segment which is the solar energy segment. It also holds interest in photovoltaic, wind power, hydropower, and other clean energy investment operations.

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