Ginwa Enterprise Group (SHSE:600080) Receivables Turnover : 0.96 (As of Mar. 2025)

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

What is Ginwa Enterprise 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. Ginwa Enterprise Group's Revenue for the three months ended in Mar. 2025 was ¥107.3 Mil. Ginwa Enterprise Group's average Accounts Receivable for the three months ended in Mar. 2025 was ¥111.8 Mil. Hence, Ginwa Enterprise Group's Receivables Turnover for the three months ended in Mar. 2025 was 0.96.

Ginwa Enterprise Group Receivables Turnover Historical Data

The historical data trend for Ginwa Enterprise 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.

* Premium members only.

Ginwa Enterprise Group Receivables Turnover Chart

Ginwa Enterprise Group Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Receivables Turnover

Get a 7-Day Free Trial

4.37

3.99

4.87

4.78

5.16

Ginwa Enterprise Group 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															1.10	1.44	1.80	1.51	0.96

Competitive Comparison of Ginwa Enterprise Group's Receivables Turnover

For the Drug Manufacturers - Specialty & Generic subindustry, Ginwa Enterprise 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.

Ginwa Enterprise Group's Receivables Turnover Distribution in the Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, Ginwa Enterprise Group's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Ginwa Enterprise Group's Receivables Turnover falls into.

Save Embed

;

Save Embed

;

Ginwa Enterprise Group Receivables Turnover Calculation

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

Ginwa Enterprise Group'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 )
=	585.462	/ (	(113.946	+	113.02)	/	2 )
=	585.462	/	113.483
=	5.16

Ginwa Enterprise Group'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 )
=	107.323	/ (	(113.02	+	110.549)	/	2 )
=	107.323	/	111.7845
=	0.96

Ginwa Enterprise Group (SHSE:600080) 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.

Ginwa Enterprise Group Receivables Turnover Related Terms

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

Ginwa Enterprise Group Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Drug Manufacturers » Ginwa Enterprise Group Inc (SHSE:600080) » Definitions » Receivables Turnover

Traded in Other Exchanges

N/A

Address

Gaoxin 3rd Road, 40th Floor, South Tower, Phase III, Fortune Center, Gaoxin District, Xi'an, CHN, 710075

Website

http://www.ginwa.com

Ginwa Enterprise Group Inc operates in the pharmaceutical industry. The main business is the research and development, production, and sales of drugs, and the product line covers chemical drugs, Chinese patent medicines, raw materials, and health products. The dosage forms include tablets, capsules, granules, powders, mixtures, oral solutions, syrups, external solutions, and more than 100 varieties and specifications.

Executives

Zhang Chao Yang	Director
Zhang Mei	Director
Tao Yu	senior management
Qin Chuan	Director
Hou Yi Wen	senior management
Ge Xiu Li	Supervisors

Ginwa Enterprise Group Headlines

No Headlines