Hangzhou XZB Tech Co (SHSE:603040) Receivables Turnover : 1.48 (As of Mar. 2025)

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What is Hangzhou XZB Tech 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. Hangzhou XZB Tech Co's Revenue for the three months ended in Mar. 2025 was ¥179.0 Mil. Hangzhou XZB Tech Co's average Accounts Receivable for the three months ended in Mar. 2025 was ¥121.0 Mil. Hence, Hangzhou XZB Tech Co's Receivables Turnover for the three months ended in Mar. 2025 was 1.48.

Hangzhou XZB Tech Co Receivables Turnover Historical Data

The historical data trend for Hangzhou XZB Tech 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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Hangzhou XZB Tech Co Receivables Turnover Chart

Hangzhou XZB Tech Co Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Receivables Turnover

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5.67

6.35

5.92

5.56

6.24

Hangzhou XZB Tech 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															1.58	2.00	1.56	1.57	1.48

Competitive Comparison of Hangzhou XZB Tech Co's Receivables Turnover

For the Auto Parts subindustry, Hangzhou XZB Tech 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.

Hangzhou XZB Tech Co's Receivables Turnover Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Hangzhou XZB Tech Co's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Hangzhou XZB Tech Co's Receivables Turnover falls into.

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Hangzhou XZB Tech Co Receivables Turnover Calculation

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

Hangzhou XZB Tech 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 )
=	680.282	/ (	(96.088	+	122)	/	2 )
=	680.282	/	109.044
=	6.24

Hangzhou XZB Tech 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 )
=	178.991	/ (	(122	+	120.034)	/	2 )
=	178.991	/	121.017
=	1.48

Hangzhou XZB Tech Co (SHSE:603040) 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.

Hangzhou XZB Tech Co Receivables Turnover Related Terms

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Hangzhou XZB Tech Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Hangzhou XZB Tech Co Ltd (SHSE:603040) » Definitions » Receivables Turnover

Traded in Other Exchanges

N/A

Address

No.18 Longtan Road, Building 1-5, Yuhang District, Zhejiang Province, Hangzhou, CHN, 311121

Website

http://www.xzbco.com

Hangzhou XZB Tech Co Ltd is a China based company engaged in the research and development of valve train systems and parts manufacturing in car industry. The products offered by the company includes valve cotters (collets), valve spring retainers, hydraulic lash adjusters and finger followers, push rods and tappets for heavy-duty diesel engines. In addition, the company also produces precision cold-forming components together with good service for power tools, household electrical appliance, aerospace, machinery, and other applications.

Executives

Hu Xin	Directors, senior managers
Wang Jian Jun	Supervisors
Xu Xue Quan	Supervisors
Yao Guo Xing	Director
Zheng Xiao Ling	senior management
Ren Hai Jun	Director
Yang Qi Ping	senior management
Yang Zhi Jun	senior management
Yan Zhen Qiang	Supervisors
Zhang Ying	senior management
Feng You Sheng	Director

Hangzhou XZB Tech Co Headlines

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