SAIC Motor (SHSE:600104) Receivables Turnover : 2.19 (As of Mar. 2024)

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

What is SAIC Motor 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. SAIC Motor's Revenue for the three months ended in Mar. 2024 was ¥143,072 Mil. SAIC Motor's average Accounts Receivable for the three months ended in Mar. 2024 was ¥65,288 Mil. Hence, SAIC Motor's Receivables Turnover for the three months ended in Mar. 2024 was 2.19.

SAIC Motor Receivables Turnover Historical Data

The historical data trend for SAIC Motor'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.

SAIC Motor Receivables Turnover Chart

SAIC Motor Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Receivables Turnover

Get a 7-Day Free Trial

20.71

17.47

17.13

13.48

11.38

SAIC Motor 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															2.33	2.83	2.81	3.11	2.19

Competitive Comparison of SAIC Motor's Receivables Turnover

For the Auto Manufacturers subindustry, SAIC Motor'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.

SAIC Motor's Receivables Turnover Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, SAIC Motor's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where SAIC Motor's Receivables Turnover falls into.

SAIC Motor Receivables Turnover Calculation

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

SAIC Motor'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 )
=	744705.133	/ (	(62913.103	+	68019.557)	/	2 )
=	744705.133	/	65466.33
=	11.38

SAIC Motor's Receivables Turnover for the quarter that ended in Mar. 2024 is calculated as

	Receivables Turnover (Q: Mar. 2024 )
=	Revenue	/	Average Total Inventories
=	Revenue (Q: Mar. 2024 )	/ (	(Accounts Receivable (Q: Dec. 2023 )	+	Accounts Receivable (Q: Mar. 2024 ))	/	count )
=	143071.708	/ (	(68019.557	+	62555.77)	/	2 )
=	143071.708	/	65287.6635
=	2.19

SAIC Motor (SHSE:600104) 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.

SAIC Motor Receivables Turnover Related Terms

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

SAIC Motor (SHSE:600104) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » SAIC Motor Corp Ltd (SHSE:600104) » Definitions » Receivables Turnover

Traded in Other Exchanges

N/A

Address

489 Weihai Road, Shanghai, CHN, 200041

Website

http://www.saicmotor.com

SAIC Motor Corp Ltd builds and sells passenger cars and commercial vehicles. It is exploring intelligent driving technology research and industrialization of exploration. It is engaged in the research, production, and sales of parts for motor drive systems, chassis systems, batteries, electric drives, power electronics, and other new energy vehicles. Further, it is also involved in auto-related services such as logistics, e-commerce, travel, energy saving, and charging services; auto-related finance, insurance, and investment services; and the layout of industries of big data and artificial intelligence.

SAIC Motor (SHSE:600104) Headlines

No Headlines