Regent Pacific Group (Regent Pacific Group) Receivables Turnover : 7.69 (As of Dec. 2023)

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What is Regent Pacific Group 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. Regent Pacific Group's Revenue for the six months ended in Dec. 2023 was $0.30 Mil. Regent Pacific Group's average Accounts Receivable for the six months ended in Dec. 2023 was $0.04 Mil. Hence, Regent Pacific Group's Receivables Turnover for the six months ended in Dec. 2023 was 7.69.

Regent Pacific Group Receivables Turnover Historical Data

The historical data trend for Regent Pacific Group'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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Regent Pacific Group Receivables Turnover Chart

Regent Pacific Group Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Receivables Turnover

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4.03

5.88

7.50

12.32

Regent Pacific Group 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															-	6.50	-	3.57	7.69

Competitive Comparison of Regent Pacific Group's Receivables Turnover

For the Asset Management subindustry, Regent Pacific Group'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.

Regent Pacific Group's Receivables Turnover Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Regent Pacific Group's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Regent Pacific Group's Receivables Turnover falls into.

Regent Pacific Group Receivables Turnover Calculation

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

Regent Pacific Group'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 )
=	0.382	/ (	(0.023	+	0.039)	/	2 )
=	0.382	/	0.031
=	12.32

Regent Pacific Group'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 )
=	0.3	/ (	(0	+	0.039)	/	1 )
=	0.3	/	0.039
=	7.69

Regent Pacific Group (OTCPK:RPGLF) 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.

Regent Pacific Group Receivables Turnover Related Terms

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Regent Pacific Group (Regent Pacific Group) Business Description

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00575:Hong Kong

Address

5 Queen's Road Central, 8th Floor, Henley Building, Hong Kong, HKG

Website

https://www.endurancerp.com

Regent Pacific Group Ltd Formerly Endurance RP Ltd is an investment holding company that runs through two segments: Biopharma and Corporate Investment. Its Biopharma segment is engaged in the research, development, manufacturing, marketing, and sales of pharmaceutical products, and it also develops artificial intelligence (AI) systems for the field of biological aging clocks. The Corporate Investment segment is engaged in the investment in listed and unlisted corporate entities. The majority of its revenue comes from the Biopharma segment. Its geographical segments are China, Europe, Hong Kong, and Taiwan.

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