Zhejiang Yuejian Intelligent Equipment Co (SHSE:603095) Receivables Turnover : 1.02 (As of Mar. 2025)

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What is Zhejiang Yuejian Intelligent Equipment 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 Yuejian Intelligent Equipment Co's Revenue for the three months ended in Mar. 2025 was ¥331 Mil. Zhejiang Yuejian Intelligent Equipment Co's average Accounts Receivable for the three months ended in Mar. 2025 was ¥326 Mil. Hence, Zhejiang Yuejian Intelligent Equipment Co's Receivables Turnover for the three months ended in Mar. 2025 was 1.02.

Zhejiang Yuejian Intelligent Equipment Co Receivables Turnover Historical Data

The historical data trend for Zhejiang Yuejian Intelligent Equipment 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 Yuejian Intelligent Equipment Co Receivables Turnover Chart

Zhejiang Yuejian Intelligent Equipment Co Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Receivables Turnover

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6.12

11.93

7.67

4.46

5.55

Zhejiang Yuejian Intelligent Equipment 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															1.44	1.61	1.28	1.31	1.02

Competitive Comparison of Zhejiang Yuejian Intelligent Equipment Co's Receivables Turnover

For the Specialty Industrial Machinery subindustry, Zhejiang Yuejian Intelligent Equipment 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 Yuejian Intelligent Equipment Co's Receivables Turnover Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Zhejiang Yuejian Intelligent Equipment Co's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Zhejiang Yuejian Intelligent Equipment Co's Receivables Turnover falls into.

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Zhejiang Yuejian Intelligent Equipment Co Receivables Turnover Calculation

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

Zhejiang Yuejian Intelligent Equipment 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 )
=	1295.243	/ (	(144.778	+	322.045)	/	2 )
=	1295.243	/	233.4115
=	5.55

Zhejiang Yuejian Intelligent Equipment 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 )
=	331.43	/ (	(322.045	+	329.701)	/	2 )
=	331.43	/	325.873
=	1.02

Zhejiang Yuejian Intelligent Equipment Co (SHSE:603095) 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 Yuejian Intelligent Equipment Co Receivables Turnover Related Terms

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Zhejiang Yuejian Intelligent Equipment Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Zhejiang Yuejian Intelligent Equipment Co Ltd (SHSE:603095) » Definitions » Receivables Turnover

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 688, Hupingshan Road, Qixian Street, Keqiao District, Zhejiang Province, Shaoxing, CHN, 312065

Website

http://www.yuejian.com.cn

Zhejiang Yuejian Intelligent Equipment Co Ltd is engaged in production and sale of textile machinery and equipment. The ompany's products include draw texturing machine, Rapier loom, Towel Rapier Loom, Warp knitting machine, Textile auxiliaries, and air covering machine.

Executives

Han Ming Hai	Directors, senior managers
Sun Jian Hua	Director
Ma Hong Guang	senior management
Wang Wei Liang	Directors, senior managers

Zhejiang Yuejian Intelligent Equipment Co Headlines

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