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Suzhou K-Hiragawa Electronic Technology Co (SHSE:603052) Receivables Turnover : 0.57 (As of Mar. 2025)


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What is Suzhou K-Hiragawa Electronic Technology 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. Suzhou K-Hiragawa Electronic Technology Co's Revenue for the three months ended in Mar. 2025 was ¥201.9 Mil. Suzhou K-Hiragawa Electronic Technology Co's average Accounts Receivable for the three months ended in Mar. 2025 was ¥353.8 Mil. Hence, Suzhou K-Hiragawa Electronic Technology Co's Receivables Turnover for the three months ended in Mar. 2025 was 0.57.


Suzhou K-Hiragawa Electronic Technology Co Receivables Turnover Historical Data

The historical data trend for Suzhou K-Hiragawa Electronic Technology 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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Suzhou K-Hiragawa Electronic Technology Co Receivables Turnover Chart

Suzhou K-Hiragawa Electronic Technology Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only 2.38 2.60 2.62 1.83 1.99

Suzhou K-Hiragawa Electronic Technology Co Quarterly Data
Dec17 Dec18 Dec19 Dec20 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 0.43 0.62 0.74 0.66 0.57

Competitive Comparison of Suzhou K-Hiragawa Electronic Technology Co's Receivables Turnover

For the Electrical Equipment & Parts subindustry, Suzhou K-Hiragawa Electronic Technology 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.


Suzhou K-Hiragawa Electronic Technology Co's Receivables Turnover Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Suzhou K-Hiragawa Electronic Technology Co's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Suzhou K-Hiragawa Electronic Technology Co's Receivables Turnover falls into.


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Suzhou K-Hiragawa Electronic Technology Co Receivables Turnover Calculation

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

Suzhou K-Hiragawa Electronic Technology 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 )
=782.645 / ((421.431 + 364.605) / 2 )
=782.645 / 393.018
=1.99

Suzhou K-Hiragawa Electronic Technology 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 )
=201.868 / ((364.605 + 342.92) / 2 )
=201.868 / 353.7625
=0.57

* 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.


Suzhou K-Hiragawa Electronic Technology Co  (SHSE:603052) 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.


Suzhou K-Hiragawa Electronic Technology Co Receivables Turnover Related Terms

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Suzhou K-Hiragawa Electronic Technology Co Business Description

Traded in Other Exchanges
N/A
Address
No. 1, Zhipu Road, Room 5, Qiandeng Town, Jiangsu Province, Kunshan, CHN, 215300
Suzhou K-Hiragawa Electronic Technology Co Ltd is engaged in the research and development, design, processing and sales of functional electronic devices, optical thin-film devices and automotive power battery insulation products, specializing in consumer electronics brands such as notebook computers and mobile phones, large optoelectronic technology companies and automotive battery manufacturers.
Executives
Zhu Chun Hua Directors, senior managers
Shi Hui Qing Directors, senior managers
Bei Zheng Xin Director

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