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Zhejiang Jiahua Energy Chemical Industry Co (SHSE:600273) Receivables Turnover : 2.86 (As of Mar. 2025)


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What is Zhejiang Jiahua Energy Chemical Industry 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. Zhejiang Jiahua Energy Chemical Industry Co's Revenue for the three months ended in Mar. 2025 was ¥2,361 Mil. Zhejiang Jiahua Energy Chemical Industry Co's average Accounts Receivable for the three months ended in Mar. 2025 was ¥827 Mil. Hence, Zhejiang Jiahua Energy Chemical Industry Co's Receivables Turnover for the three months ended in Mar. 2025 was 2.86.


Zhejiang Jiahua Energy Chemical Industry Co Receivables Turnover Historical Data

The historical data trend for Zhejiang Jiahua Energy Chemical Industry 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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Zhejiang Jiahua Energy Chemical Industry Co Receivables Turnover Chart

Zhejiang Jiahua Energy Chemical Industry 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 11.72 15.09 16.50 12.06 11.37

Zhejiang Jiahua Energy Chemical Industry 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 2.73 3.32 3.09 2.52 2.86

Competitive Comparison of Zhejiang Jiahua Energy Chemical Industry Co's Receivables Turnover

For the Chemicals subindustry, Zhejiang Jiahua Energy Chemical Industry 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.


Zhejiang Jiahua Energy Chemical Industry Co's Receivables Turnover Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Zhejiang Jiahua Energy Chemical Industry Co's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Zhejiang Jiahua Energy Chemical Industry Co's Receivables Turnover falls into.


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Zhejiang Jiahua Energy Chemical Industry Co Receivables Turnover Calculation

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

Zhejiang Jiahua Energy Chemical Industry 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 )
=9153.395 / ((774.679 + 834.712) / 2 )
=9153.395 / 804.6955
=11.37

Zhejiang Jiahua Energy Chemical Industry 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 )
=2360.836 / ((834.712 + 818.623) / 2 )
=2360.836 / 826.6675
=2.86

* 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.


Zhejiang Jiahua Energy Chemical Industry Co  (SHSE:600273) 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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Zhejiang Jiahua Energy Chemical Industry Co Business Description

Traded in Other Exchanges
N/A
Address
Coastal Road No. 2288, Zhapu Economic Development Park, Jiaxing, Zhejiang, CHN, 314201
Zhejiang Jiahua Energy Chemical Industry Co Ltd is engaged in the production of caustic soda and acids. Its products series include chlor-alkali series, combined heat and power, Ortho-para series, sulfuric acid series and fatty alcohol series.
Executives
Wang Hong Liang Director
Wang Xu Bo Supervisors
Shen Xin Hua Director
Shen Gao Qing senior management
Shao Sheng Fu Director
Guan Jian Zhong Director
Wang Wei Qiang Supervisors
Wang Jian Ping Director
Gu Li Jing Director
Lin Lin senior management
Xu Yun Supervisors
Ye Zhen Xin Supervisors

Zhejiang Jiahua Energy Chemical Industry Co Headlines

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