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Jiaze Renewables (SHSE:601619) Receivables Turnover : 0.19 (As of Mar. 2025)


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What is Jiaze Renewables 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. Jiaze Renewables's Revenue for the three months ended in Mar. 2025 was ¥661 Mil. Jiaze Renewables's average Accounts Receivable for the three months ended in Mar. 2025 was ¥3,551 Mil. Hence, Jiaze Renewables's Receivables Turnover for the three months ended in Mar. 2025 was 0.19.


Jiaze Renewables Receivables Turnover Historical Data

The historical data trend for Jiaze Renewables'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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Jiaze Renewables Receivables Turnover Chart

Jiaze Renewables 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 0.64 0.91 0.92 0.85 0.74

Jiaze Renewables 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 0.18 0.18 0.16 0.18 0.19

Competitive Comparison of Jiaze Renewables's Receivables Turnover

For the Utilities - Renewable subindustry, Jiaze Renewables'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.


Jiaze Renewables's Receivables Turnover Distribution in the Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, Jiaze Renewables's Receivables Turnover distribution charts can be found below:

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


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Jiaze Renewables Receivables Turnover Calculation

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

Jiaze Renewables'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 )
=2421.915 / ((3157.285 + 3414.868) / 2 )
=2421.915 / 3286.0765
=0.74

Jiaze Renewables'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 )
=660.698 / ((3414.868 + 3686.907) / 2 )
=660.698 / 3550.8875
=0.19

* 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.


Jiaze Renewables  (SHSE:601619) 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.


Jiaze Renewables Receivables Turnover Related Terms

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Jiaze Renewables Business Description

Traded in Other Exchanges
N/A
Address
No. 1 Xingshui Road, Building 68, Zone D, Greenland 21 City Enterprise Park, Xingqing District, Ningxia Hui Autonomous Region, Wuzhong, CHN, 750004
Jiaze Renewables Corp Ltd is engaged in development, investment, construction, operation and management of new energy electricity.
Executives
Chen Bo Director
Han Xiao Dong senior management
Zhao Ji Wei Director
Zhang Jian Jun Director
Ju Xin Tuan senior management
Wang Qiang senior management
Yang Ning senior management
Yang Jie Supervisors
Zhang Song Supervisors
Yang Fan Supervisors
An Zhen Min senior management

Jiaze Renewables Headlines

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