Shanghai Aerospace Automobile Electromechanical Co (SHSE:600151) Receivables Turnover : 0.58 (As of Mar. 2025)

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What is Shanghai Aerospace Automobile Electromechanical 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. Shanghai Aerospace Automobile Electromechanical Co's Revenue for the three months ended in Mar. 2025 was ¥916 Mil. Shanghai Aerospace Automobile Electromechanical Co's average Accounts Receivable for the three months ended in Mar. 2025 was ¥1,589 Mil. Hence, Shanghai Aerospace Automobile Electromechanical Co's Receivables Turnover for the three months ended in Mar. 2025 was 0.58.

Shanghai Aerospace Automobile Electromechanical Co Receivables Turnover Historical Data

The historical data trend for Shanghai Aerospace Automobile Electromechanical 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.

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Shanghai Aerospace Automobile Electromechanical Co Receivables Turnover Chart

Shanghai Aerospace Automobile Electromechanical Co Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Receivables Turnover

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3.63

4.71

4.99

3.24

Shanghai Aerospace Automobile Electromechanical 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															0.77	0.89	0.60	0.74	0.58

Competitive Comparison of Shanghai Aerospace Automobile Electromechanical Co's Receivables Turnover

For the Auto Parts subindustry, Shanghai Aerospace Automobile Electromechanical 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.

Shanghai Aerospace Automobile Electromechanical Co's Receivables Turnover Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Shanghai Aerospace Automobile Electromechanical Co's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Shanghai Aerospace Automobile Electromechanical Co's Receivables Turnover falls into.

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Shanghai Aerospace Automobile Electromechanical Co Receivables Turnover Calculation

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

Shanghai Aerospace Automobile Electromechanical 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 )
=	5348.633	/ (	(1745.644	+	1555.687)	/	2 )
=	5348.633	/	1650.6655
=	3.24

Shanghai Aerospace Automobile Electromechanical 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 )
=	915.77	/ (	(1555.687	+	1622.881)	/	2 )
=	915.77	/	1589.284
=	0.58

Shanghai Aerospace Automobile Electromechanical Co (SHSE:600151) 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.

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Shanghai Aerospace Automobile Electromechanical Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Shanghai Aerospace Automobile Electromechanical Co Ltd (SHSE:600151) » Definitions » Receivables Turnover

Traded in Other Exchanges

N/A

Address

No. 222 Caoxi Road, Aerospace Plaza, South Building, 8F, Shanghai, CHN, 200235

Website

http://www.ht-saae.com

Shanghai Aerospace Automobile Electromechanical Co Ltd manufactures and sells solar products in China and internationally. It manufactures ingots, wafers, cells, solar modules, and solar systems. It also provides various auto parts, such as HVAC assembly products, air conditioning systems, serpentine and parallel flow condensers, serpentine heating cores, aluminum brazing heating cores and air-conditioner pipelines among other products.

Executives

Qu Jian Hua	senior management
Zhou Qi Min	Supervisors

Shanghai Aerospace Automobile Electromechanical Co Headlines

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