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Shanghai Construction Group Co (SHSE:600170) Receivables Turnover : 0.67 (As of Mar. 2025)


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What is Shanghai Construction Group 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 Construction Group Co's Revenue for the three months ended in Mar. 2025 was ¥40,316 Mil. Shanghai Construction Group Co's average Accounts Receivable for the three months ended in Mar. 2025 was ¥60,255 Mil. Hence, Shanghai Construction Group Co's Receivables Turnover for the three months ended in Mar. 2025 was 0.67.


Shanghai Construction Group Co Receivables Turnover Historical Data

The historical data trend for Shanghai Construction Group 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 Construction Group Co Receivables Turnover Chart

Shanghai Construction Group Co Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5.75 5.66 4.86 4.82 4.57

Shanghai Construction Group 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.28 1.26 1.11 1.33 0.67

Competitive Comparison of Shanghai Construction Group Co's Receivables Turnover

For the Engineering & Construction subindustry, Shanghai Construction Group 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 Construction Group Co's Receivables Turnover Distribution in the Construction Industry

For the Construction industry and Industrials sector, Shanghai Construction Group Co's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Shanghai Construction Group Co's Receivables Turnover falls into.


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Shanghai Construction Group Co Receivables Turnover Calculation

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

Shanghai Construction Group 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 )
=300216.788 / ((63962.457 + 67395.111) / 2 )
=300216.788 / 65678.784
=4.57

Shanghai Construction Group 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 )
=40315.926 / ((67395.111 + 53115.632) / 2 )
=40315.926 / 60255.3715
=0.67

* 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.


Shanghai Construction Group Co  (SHSE:600170) 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.


Shanghai Construction Group Co Receivables Turnover Related Terms

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Shanghai Construction Group Co Business Description

Traded in Other Exchanges
N/A
Address
No. 666, Dongdaming Road, Hongkou District, Shanghai, CHN, 200080
Shanghai Construction Group Co Ltd is a China-based company engaged in the construction business, with real estate development and urban construction investment business. It engages in contracting, design, construction, consulting and production, operation, and sale of supporting equipment, materials, and components for all types of construction projects at home and abroad.
Executives
Zhou Jun senior management
Yin Ke Ding senior management
Lu Feng senior management
Wang Zhi Gang senior management
Chen Xiao Ming senior management
Xue Yong Shen senior management
Ye Wei Dong Directors, senior managers
Cai Guo Qiang senior management
Xu Jian Dong senior management
Bian Jia Jun Director
Gong Jian senior management
Fang Qing Qiang Directors, senior managers
Lin Jin Sheng senior management
Tang Wei senior management
Zhu Zhong Ming senior management

Shanghai Construction Group Co Headlines

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