Phenix Optics Co (SHSE:600071) Receivables Turnover : 0.72 (As of Mar. 2025)

View and export this data going back to 1997. Start your Free Trial

What is Phenix Optics 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. Phenix Optics Co's Revenue for the three months ended in Mar. 2025 was ¥335 Mil. Phenix Optics Co's average Accounts Receivable for the three months ended in Mar. 2025 was ¥467 Mil. Hence, Phenix Optics Co's Receivables Turnover for the three months ended in Mar. 2025 was 0.72.

Phenix Optics Co Receivables Turnover Historical Data

The historical data trend for Phenix Optics 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.

Phenix Optics Co Receivables Turnover Chart

Phenix Optics Co Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Receivables Turnover

Get a 7-Day Free Trial

3.31

3.77

3.75

3.35

3.14

Phenix Optics Co Quarterly Data
	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24	Mar25
Receivables Turnover	Get a 7-Day Free Trial															0.78	0.80	0.85	0.89	0.72

Competitive Comparison of Phenix Optics Co's Receivables Turnover

For the Leisure subindustry, Phenix Optics 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.

Phenix Optics Co's Receivables Turnover Distribution in the Travel & Leisure Industry

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

* The bar in red indicates where Phenix Optics Co's Receivables Turnover falls into.

Save Embed

;

Save Embed

;

Phenix Optics Co Receivables Turnover Calculation

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

Phenix Optics Co's Receivables Turnover for the fiscal year that ended in Dec. 2024 is calculated as

	Receivables Turnover (A: Dec. 2024 )
=	Revenue	/	Average Total Inventories
=	Revenue (A: Dec. 2024 )	/ (	(Accounts Receivable (A: Dec. 2023 )	+	Accounts Receivable (A: Dec. 2024 ))	/	count )
=	1681.142	/ (	(532.737	+	537.667)	/	2 )
=	1681.142	/	535.202
=	3.14

Phenix Optics Co's Receivables Turnover for the quarter that ended in Mar. 2025 is calculated as

	Receivables Turnover (Q: Mar. 2025 )
=	Revenue	/	Average Total Inventories
=	Revenue (Q: Mar. 2025 )	/ (	(Accounts Receivable (Q: Dec. 2024 )	+	Accounts Receivable (Q: Mar. 2025 ))	/	count )
=	334.572	/ (	(537.667	+	397.207)	/	2 )
=	334.572	/	467.437
=	0.72

Phenix Optics Co (SHSE:600071) 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.

Phenix Optics Co Receivables Turnover Related Terms

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

Phenix Optics Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Phenix Optics Co Ltd (SHSE:600071) » Definitions » Receivables Turnover

Comparable Companies

Traded in Other Exchanges

N/A

Address

197 West Avenue, Shangrao, Jiangxi, CHN, 334000

Website

http://www.phenixoptics.com.cn

Phenix Optics Co Ltd is engaged in the optical components processing business in China. Its principal business includes the manufacture and sales of optical lenses, optics, microscopes, metalworking, and other products. Its products are mainly used in the cameras, camera phones, projector monitoring equipment, vehicle-borne products, university education, and industrial fields. The company mainly distributes its products in domestic and overseas markets.

Executives

Tang Wen Ming	Director
Wang Xi Yan	Director
Mou Jian Xin	Director
Liu Lin Chun	Director
Ge Liang Hui	senior management
Ren Jie	Director

Phenix Optics Co Headlines

No Headlines