Befar Group Co (SHSE:601678) Receivables Turnover : 21.09 (As of Mar. 2025)

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What is Befar Group 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. Befar Group Co's Revenue for the three months ended in Mar. 2025 was ¥3,782 Mil. Befar Group Co's average Accounts Receivable for the three months ended in Mar. 2025 was ¥179 Mil. Hence, Befar Group Co's Receivables Turnover for the three months ended in Mar. 2025 was 21.09.

Befar Group Co Receivables Turnover Historical Data

The historical data trend for Befar Group 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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Befar Group Co Receivables Turnover Chart

Befar Group Co Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Receivables Turnover

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68.41

79.88

65.67

58.27

71.28

Befar Group 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															16.38	18.08	20.26	16.14	21.09

Competitive Comparison of Befar Group Co's Receivables Turnover

For the Specialty Chemicals subindustry, Befar Group 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.

Befar Group Co's Receivables Turnover Distribution in the Chemicals Industry

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

* The bar in red indicates where Befar Group Co's Receivables Turnover falls into.

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Befar Group Co Receivables Turnover Calculation

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

Befar Group 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 )
=	10228.062	/ (	(101.648	+	185.345)	/	2 )
=	10228.062	/	143.4965
=	71.28

Befar Group 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 )
=	3782.455	/ (	(185.345	+	173.308)	/	2 )
=	3782.455	/	179.3265
=	21.09

Befar Group Co (SHSE:601678) 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.

Befar Group Co Receivables Turnover Related Terms

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Befar Group Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Befar Group Co Ltd (SHSE:601678) » Definitions » Receivables Turnover

Comparable Companies

Traded in Other Exchanges

N/A

Address

No.869, Huanghe 5th Road, Shandong Province, Binzhou, CHN, 256619

Website

http://www.befar.com.cn

Befar Group Co Ltd is a China-based chemical company. It is engaged in the business of producing, processing and selling organic and inorganic chemical products. The company's product portfolio includes propylene-oxide, food additives, industrial hydrochloric acid, vinyl chloride, polymer polyol, reagent hydrochloric acid, crude oil emulsifier, and other products. Its industrial chain covers petrochemical, salt chemical, fine chemical, thermal power, port warehousing, financing and others. The company's products are sold in China and other international countries.

Executives

Wang Shu Hua	Director
Yu Jiang	Directors, senior managers
Ren Yuan Bin	senior management
Kong Xiang Jin	senior management
Liu Hong An	senior management
Yan Jin Fu	Supervisors
Wang Li Ming	Director
Xu Feng Jiu	senior management
Yang Zhen Jun	senior management
Jin Jian Quan	Supervisors
Zhang Zhong Zheng	Director
Zhao Hong Xing	senior management
Chu Zhao Sheng	Director
Shi Qin Ling	Director
Liu Bao Gang	senior management

Befar Group Co Headlines

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