Yiwu Huading Nylon Co (SHSE:601113) Receivables Turnover : 2.34 (As of Mar. 2025)

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What is Yiwu Huading Nylon 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. Yiwu Huading Nylon Co's Revenue for the three months ended in Mar. 2025 was ¥1,156 Mil. Yiwu Huading Nylon Co's average Accounts Receivable for the three months ended in Mar. 2025 was ¥494 Mil. Hence, Yiwu Huading Nylon Co's Receivables Turnover for the three months ended in Mar. 2025 was 2.34.

Yiwu Huading Nylon Co Receivables Turnover Historical Data

The historical data trend for Yiwu Huading Nylon 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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Yiwu Huading Nylon Co Receivables Turnover Chart

Yiwu Huading Nylon Co Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Receivables Turnover

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9.84

10.41

11.27

12.60

11.95

Yiwu Huading Nylon 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															2.98	3.52	2.65	2.96	2.34

Competitive Comparison of Yiwu Huading Nylon Co's Receivables Turnover

For the Textile Manufacturing subindustry, Yiwu Huading Nylon 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.

Yiwu Huading Nylon Co's Receivables Turnover Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Yiwu Huading Nylon Co's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Yiwu Huading Nylon Co's Receivables Turnover falls into.

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Yiwu Huading Nylon Co Receivables Turnover Calculation

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

Yiwu Huading Nylon 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 )
=	7520.96	/ (	(727.115	+	531.649)	/	2 )
=	7520.96	/	629.382
=	11.95

Yiwu Huading Nylon 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 )
=	1156.303	/ (	(531.649	+	456.392)	/	2 )
=	1156.303	/	494.0205
=	2.34

Yiwu Huading Nylon Co (SHSE:601113) 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.

Yiwu Huading Nylon Co Receivables Turnover Related Terms

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Yiwu Huading Nylon Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Yiwu Huading Nylon Co Ltd (SHSE:601113) » Definitions » Receivables Turnover

Traded in Other Exchanges

N/A

Address

Number 751, Xuefeng West Road, Beiyuan Industrial Zone, Zhejiang Province, Yiwu, CHN

Website

http://www.hdnylon.com

Yiwu Huading Nylon Co Ltd is engaged in research, development, manufacturing, and selling civil nylon filaments in China. It offers nylon 6 POY, DTY, HOY, and FDY products; coolnylon, a moisture absorbed and perspiration nylon-6 fiber; and cleannylon, an anti-bacterial nylon-6 fiber. The company's products are used for socks, cotton socks, elastic knitting coats, light-weight seamless underwear, swimsuit, sportswear, suits, denim and suit lining among others.

Executives

Yao Nai Hong	Supervisors
Tan Yan Kun	senior management

Yiwu Huading Nylon Co Headlines

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