Life Travel & Tourist Service Co (ROCO:2745) Receivables Turnover : 7.57 (As of Mar. 2024)

Life Travel & Tourist Service Co Receivables Turnover Chart

Life Travel & Tourist Service Co Annual Data
	Trend	Dec14	Dec15	Dec16	Dec17	Dec18	Dec19	Dec20	Dec21	Dec22	Dec23
Receivables Turnover		Get a 7-Day Free Trial					36.43	13.59	14.49	7.11	36.14

Life Travel & Tourist Service Co Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Receivables Turnover	Get a 7-Day Free Trial															5.84	7.27	7.29	7.50	7.57

Competitive Comparison of Life Travel & Tourist Service Co's Receivables Turnover

For the Travel Services subindustry, Life Travel & Tourist Service 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.

Life Travel & Tourist Service Co's Receivables Turnover Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Life Travel & Tourist Service Co's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Life Travel & Tourist Service Co's Receivables Turnover falls into.

Life Travel & Tourist Service Co Receivables Turnover Calculation

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

Life Travel & Tourist Service Co's Receivables Turnover for the fiscal year that ended in Dec. 2023 is calculated as

Life Travel & Tourist Service Co's Receivables Turnover for the quarter that ended in Mar. 2024 is calculated as

* 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.

Life Travel & Tourist Service Co  (ROCO:2745) 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.

Life Travel & Tourist Service Co Receivables Turnover Related Terms

Thank you for viewing the detailed overview of Life Travel & Tourist Service Co's Receivables Turnover provided by GuruFocus.com. Please click on the following links to see related term pages.

Life Travel & Tourist Service Co (ROCO:2745) Business Description