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Zhejiang Dafeng Industry Co (SHSE:603081) Receivables Turnover : 0.19 (As of Mar. 2025)


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What is Zhejiang Dafeng Industry 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. Zhejiang Dafeng Industry Co's Revenue for the three months ended in Mar. 2025 was ¥290 Mil. Zhejiang Dafeng Industry Co's average Accounts Receivable for the three months ended in Mar. 2025 was ¥1,496 Mil. Hence, Zhejiang Dafeng Industry Co's Receivables Turnover for the three months ended in Mar. 2025 was 0.19.


Zhejiang Dafeng Industry Co Receivables Turnover Historical Data

The historical data trend for Zhejiang Dafeng Industry 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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Zhejiang Dafeng Industry Co Receivables Turnover Chart

Zhejiang Dafeng Industry Co 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 2.53 2.28 1.75 1.21 1.21

Zhejiang Dafeng Industry 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 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 0.19 0.25 0.34 0.45 0.19

Competitive Comparison of Zhejiang Dafeng Industry Co's Receivables Turnover

For the Specialty Business Services subindustry, Zhejiang Dafeng Industry 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.


Zhejiang Dafeng Industry Co's Receivables Turnover Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Zhejiang Dafeng Industry Co's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Zhejiang Dafeng Industry Co's Receivables Turnover falls into.


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Zhejiang Dafeng Industry Co Receivables Turnover Calculation

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

Zhejiang Dafeng Industry 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 )
=1843.053 / ((1531.298 + 1520.548) / 2 )
=1843.053 / 1525.923
=1.21

Zhejiang Dafeng Industry 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 )
=290.242 / ((1520.548 + 1471.098) / 2 )
=290.242 / 1495.823
=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.


Zhejiang Dafeng Industry Co  (SHSE:603081) 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.


Zhejiang Dafeng Industry Co Receivables Turnover Related Terms

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Zhejiang Dafeng Industry Co Business Description

Traded in Other Exchanges
N/A
Address
No.737, Xinjian North Road, Yangming Science and Technology Industrial Park, Zhejiang Province, Yuyao, Ningbo, CHN, 315400
Zhejiang Dafeng Industry Co Ltd is a Chinese company engaged in providing culture and sports facility services. It offers stage, lighting, sound, intelligent, decoration, seating, BT construction, design, production, installation and after-sales services.
Executives
Feng Yue Director
Feng Hua Director
Director
Yang Jin Sheng Director
Chen Yi senior management
Feng Qi Yun Director
Zhao Hong Mei senior management
Zhang Jin Long senior management
Sun Ling Ling Director
Xie Wen Jie senior management
Xu Zhao Min Director

Zhejiang Dafeng Industry Co Headlines

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