GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Guizhou Redstar Developing Co Ltd (SHSE:600367) » Definitions » Receivables Turnover

Guizhou Redstar Developing Co (SHSE:600367) Receivables Turnover : 2.33 (As of Mar. 2025)


View and export this data going back to 2001. Start your Free Trial

What is Guizhou Redstar Developing 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. Guizhou Redstar Developing Co's Revenue for the three months ended in Mar. 2025 was ¥533 Mil. Guizhou Redstar Developing Co's average Accounts Receivable for the three months ended in Mar. 2025 was ¥228 Mil. Hence, Guizhou Redstar Developing Co's Receivables Turnover for the three months ended in Mar. 2025 was 2.33.


Guizhou Redstar Developing Co Receivables Turnover Historical Data

The historical data trend for Guizhou Redstar Developing 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.

* Premium members only.

Guizhou Redstar Developing Co Receivables Turnover Chart

Guizhou Redstar Developing 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 7.25 11.89 11.74 9.50 11.23

Guizhou Redstar Developing 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 2.04 2.04 2.06 2.47 2.33

Competitive Comparison of Guizhou Redstar Developing Co's Receivables Turnover

For the Chemicals subindustry, Guizhou Redstar Developing 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.


Guizhou Redstar Developing Co's Receivables Turnover Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Guizhou Redstar Developing Co's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Guizhou Redstar Developing Co's Receivables Turnover falls into.


;
;

Guizhou Redstar Developing Co Receivables Turnover Calculation

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

Guizhou Redstar Developing 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 )
=2197.175 / ((206.945 + 184.228) / 2 )
=2197.175 / 195.5865
=11.23

Guizhou Redstar Developing 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 )
=532.687 / ((184.228 + 272.719) / 2 )
=532.687 / 228.4735
=2.33

* 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.


Guizhou Redstar Developing Co  (SHSE:600367) 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.


Guizhou Redstar Developing Co Receivables Turnover Related Terms

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


Guizhou Redstar Developing Co Business Description

Traded in Other Exchanges
N/A
Address
Dingqi Town, Zhenning County, Anshun, Guizhou, CHN, 561206
Guizhou Redstar Developing Co Ltd is engaged in the production of barium carbonate, electrolytic manganese dioxide, insoluble sulfur, thiourea, sulfur, barium sulfate, barium nitrate, barium chloride, and marigold. The products are used in the electronic information industry, chemical industry, light industry, metallurgy and ceramics industry.
Executives
Gao Yue Fei Director
Liu Zheng Tao senior management
Wan Yang Directors, senior managers
Guo Han Guang Director
Liang Qi Bo Directors, senior managers
Luo Jian Ping senior management
Geng Zhen senior management
Chen Guo Qiang senior management
Meng Fan Zhen Supervisors
Wen Xia Director
Hua Dong senior management
Liu Xiang Yu senior management
Yu Kong Hua senior management

Guizhou Redstar Developing Co Headlines

No Headlines