Jangho Group Co (SHSE:601886) Receivables Turnover : 0.34 (As of Mar. 2024)

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What is Jangho 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. Jangho Group Co's Revenue for the three months ended in Mar. 2024 was ¥4,086 Mil. Jangho Group Co's average Accounts Receivable for the three months ended in Mar. 2024 was ¥11,845 Mil. Hence, Jangho Group Co's Receivables Turnover for the three months ended in Mar. 2024 was 0.34.

Jangho Group Co Receivables Turnover Historical Data

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

Jangho Group Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Receivables Turnover

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1.80

1.87

2.03

1.64

1.77

Jangho Group 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															0.31	0.48	0.43	0.56	0.34

Competitive Comparison of Jangho Group Co's Receivables Turnover

For the Engineering & Construction subindustry, Jangho 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.

Jangho Group Co's Receivables Turnover Distribution in the Construction Industry

For the Construction industry and Industrials sector, Jangho Group Co's Receivables Turnover distribution charts can be found below:

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

Jangho Group Co Receivables Turnover Calculation

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

Jangho Group 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 )
=	20954.285	/ (	(11383.252	+	12252.746)	/	2 )
=	20954.285	/	11817.999
=	1.77

Jangho Group 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 )
=	4085.889	/ (	(12252.746	+	11437.813)	/	2 )
=	4085.889	/	11845.2795
=	0.34

Jangho Group Co (SHSE:601886) 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.

Jangho Group Co Receivables Turnover Related Terms

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Jangho Group Co (SHSE:601886) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Jangho Group Co Ltd (SHSE:601886) » Definitions » Receivables Turnover

Traded in Other Exchanges

N/A

Address

No.5 Niuhui North Fifth Street, Shunyi District, Beijing, CHN

Website

http://www.jangho.com

Jangho Group Co Ltd is a China based company operating in the field of green architectural decoration and health care. In the Architectural decoration, the company focuses on curtain wall and interior decoration (including design), and others. In the Health care field, the company focuses on ophthalmology, third-party testing, and community hospitals. It has a business presence in China and other international countries. The organization's brands are Jangho curtain wall, Sundart, Gangyuan decoration, Gangyuan Curtain wall, SLD, Vision and Zeming Eye hospital.

Executives

Liu Zai Wang	Director
Xu Xing Li	senior management
Wang Qi Feng	Director
Jia De Hu	senior management
Liu Zhong Yue	senior management
Xiong Bao	senior management
Zhou Han Ping	senior management
Yu Jun	senior management
Dai Jun	senior management
Shi Ying	Supervisors
Hu Peng Fei	senior management
Chang Xi Zhe	senior management
Huang Yong Jun	Supervisors
Zhang Sheng	senior management

Jangho Group Co (SHSE:601886) Headlines

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