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Everbright Jiabao Co (SHSE:600622) Receivables Turnover : 0.77 (As of Mar. 2024)


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What is Everbright Jiabao 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. Everbright Jiabao Co's Revenue for the three months ended in Mar. 2024 was ¥342 Mil. Everbright Jiabao Co's average Accounts Receivable for the three months ended in Mar. 2024 was ¥442 Mil. Hence, Everbright Jiabao Co's Receivables Turnover for the three months ended in Mar. 2024 was 0.77.


Everbright Jiabao Co Receivables Turnover Historical Data

The historical data trend for Everbright Jiabao 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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Everbright Jiabao Co Receivables Turnover Chart

Everbright Jiabao Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 28.74 15.18 11.48 11.36 8.78

Everbright Jiabao Co Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 0.89 1.27 4.53 1.97 0.77

Competitive Comparison of Everbright Jiabao Co's Receivables Turnover

For the Real Estate - Diversified subindustry, Everbright Jiabao 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.


Everbright Jiabao Co's Receivables Turnover Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Everbright Jiabao Co's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Everbright Jiabao Co's Receivables Turnover falls into.



Everbright Jiabao Co Receivables Turnover Calculation

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

Everbright Jiabao Co's Receivables Turnover for the fiscal year that ended in Dec. 2023 is calculated as

Receivables Turnover (A: Dec. 2023 )
=Revenue / Average Total Inventories
=Revenue (A: Dec. 2023 ) / ((Accounts Receivable (A: Dec. 2022 ) + Accounts Receivable (A: Dec. 2023 )) / count )
=4390.115 / ((559.084 + 441.132) / 2 )
=4390.115 / 500.108
=8.78

Everbright Jiabao Co's Receivables Turnover for the quarter that ended in Mar. 2024 is calculated as

Receivables Turnover (Q: Mar. 2024 )
=Revenue / Average Total Inventories
=Revenue (Q: Mar. 2024 ) / ((Accounts Receivable (Q: Dec. 2023 ) + Accounts Receivable (Q: Mar. 2024 )) / count )
=341.628 / ((441.132 + 443.536) / 2 )
=341.628 / 442.334
=0.77

* 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.


Everbright Jiabao Co  (SHSE:600622) 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.


Everbright Jiabao Co Receivables Turnover Related Terms

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Everbright Jiabao Co (SHSE:600622) Business Description

Traded in Other Exchanges
N/A
Address
No. 1-6, Lane 333, Yima Road, 10-15 Floor, Jiabao Building, Jiading District, Shanghai, CHN, 201801
Everbright Jiabao Co Ltd is primarily involved in the Real estate asset management, real estate investment and real estate development activities.
Executives
Qian Ming Director
Cao Ping senior management
Sun Hong Liang senior management
Shen Pei Xin senior management
Chen Bo Xing senior management
Yu Jie senior management
Le Yong Hua Supervisors
Yan De Song senior management

Everbright Jiabao Co (SHSE:600622) Headlines

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