GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Distribution » Jiangsu Sainty Corp Ltd (SHSE:600287) » Definitions » Receivables Turnover

Jiangsuinty (SHSE:600287) Receivables Turnover : 1.56 (As of Mar. 2025)


View and export this data going back to 2000. Start your Free Trial

What is Jiangsuinty 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. Jiangsuinty's Revenue for the three months ended in Mar. 2025 was ¥643 Mil. Jiangsuinty's average Accounts Receivable for the three months ended in Mar. 2025 was ¥413 Mil. Hence, Jiangsuinty's Receivables Turnover for the three months ended in Mar. 2025 was 1.56.


Jiangsuinty Receivables Turnover Historical Data

The historical data trend for Jiangsuinty'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.

Jiangsuinty Receivables Turnover Chart

Jiangsuinty 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 14.04 15.23 10.59 7.73 7.52

Jiangsuinty 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 1.71 1.40 1.80 1.83 1.56

Competitive Comparison of Jiangsuinty's Receivables Turnover

For the Industrial Distribution subindustry, Jiangsuinty'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.


Jiangsuinty's Receivables Turnover Distribution in the Industrial Distribution Industry

For the Industrial Distribution industry and Industrials sector, Jiangsuinty's Receivables Turnover distribution charts can be found below:

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


;
;

Jiangsuinty Receivables Turnover Calculation

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

Jiangsuinty'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 )
=3248.654 / ((421.185 + 442.78) / 2 )
=3248.654 / 431.9825
=7.52

Jiangsuinty'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 )
=643.204 / ((442.78 + 383.549) / 2 )
=643.204 / 413.1645
=1.56

* 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.


Jiangsuinty  (SHSE:600287) 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.


Jiangsuinty Receivables Turnover Related Terms

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


Jiangsuinty Business Description

Traded in Other Exchanges
N/A
Address
No. 21 Software Avenue, Building B, Yuhuatai District, Jiangsu Province, Nanjing, CHN, 210012
Jiangsu Sainty Corp Ltd is engaged in the export and import business, primarily with regards to the garment industry. The company also engages in real estate, cargo transportation, and the production of chemical products.
Executives
Jiang Ming senior management
Ni Xiao Fei senior management
Li Yan senior management
Gui Sheng Chun Director
Wang Zhong Ren senior management
Wei Qing Wen Supervisors
Jin Guo Jun Director
Cao Xiao Jian senior management
Lu Xiao Wei Supervisors
Lu Yun Wei senior management
Zhang Ping senior management
Yang Qing Feng senior management
Dong Qi Bin Director
Hua Wei Supervisors
Cheng Jun Director

Jiangsuinty Headlines

No Headlines