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Bros Eastern Co (SHSE:601339) Receivables Turnover : 2.55 (As of Mar. 2025)


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What is Bros Eastern 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. Bros Eastern Co's Revenue for the three months ended in Mar. 2025 was ¥1,731 Mil. Bros Eastern Co's average Accounts Receivable for the three months ended in Mar. 2025 was ¥679 Mil. Hence, Bros Eastern Co's Receivables Turnover for the three months ended in Mar. 2025 was 2.55.


Bros Eastern Co Receivables Turnover Historical Data

The historical data trend for Bros Eastern 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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Bros Eastern Co Receivables Turnover Chart

Bros Eastern 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 10.82 11.86 12.60 12.89 12.16

Bros Eastern 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 2.89 3.33 3.39 2.91 2.55

Competitive Comparison of Bros Eastern Co's Receivables Turnover

For the Textile Manufacturing subindustry, Bros Eastern 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.


Bros Eastern Co's Receivables Turnover Distribution in the Manufacturing - Apparel & Accessories Industry

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

* The bar in red indicates where Bros Eastern Co's Receivables Turnover falls into.


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Bros Eastern Co Receivables Turnover Calculation

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

Bros Eastern 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 )
=7941.494 / ((616.241 + 689.921) / 2 )
=7941.494 / 653.081
=12.16

Bros Eastern 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 )
=1730.918 / ((689.921 + 668.38) / 2 )
=1730.918 / 679.1505
=2.55

* 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.


Bros Eastern Co  (SHSE:601339) 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.


Bros Eastern Co Receivables Turnover Related Terms

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Bros Eastern Co Business Description

Traded in Other Exchanges
N/A
Address
1 Nan'er East Road, LuoTuo Town ZhenHai District, Ningbo, CHN, 315200
Bros Eastern Co Ltd operates in the textile industry. The company is specialized in research and development, manufacturing and marketing of top-dyed melange yarn. Its products are categories into classical series, neo yarn series, and trend colors.
Executives
Zhang Kui Director
Yang Yong Director
Dong Qi Han senior management
Zhou Li Wen senior management
Mai Jia Liang Director
Zhong Zheng Yuan Supervisors
Qian Ya Bin Director
Yang Wei Guo Director
Yang Wei Xin Director

Bros Eastern Co Headlines

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