Senci Electric Machinery Co (SHSE:603109) Receivables Turnover : 1.28 (As of Mar. 2025)

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What is Senci Electric Machinery 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. Senci Electric Machinery Co's Revenue for the three months ended in Mar. 2025 was ¥732 Mil. Senci Electric Machinery Co's average Accounts Receivable for the three months ended in Mar. 2025 was ¥573 Mil. Hence, Senci Electric Machinery Co's Receivables Turnover for the three months ended in Mar. 2025 was 1.28.

Senci Electric Machinery Co Receivables Turnover Historical Data

The historical data trend for Senci Electric Machinery 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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Senci Electric Machinery Co Receivables Turnover Chart

Senci Electric Machinery Co Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Receivables Turnover

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6.19

6.92

6.35

6.19

5.62

Senci Electric Machinery 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															1.23	1.36	1.54	1.51	1.28

Competitive Comparison of Senci Electric Machinery Co's Receivables Turnover

For the Specialty Industrial Machinery subindustry, Senci Electric Machinery 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.

Senci Electric Machinery Co's Receivables Turnover Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Senci Electric Machinery Co's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Senci Electric Machinery Co's Receivables Turnover falls into.

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Senci Electric Machinery Co Receivables Turnover Calculation

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

Senci Electric Machinery 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 )
=	2739.895	/ (	(435.421	+	539.798)	/	2 )
=	2739.895	/	487.6095
=	5.62

Senci Electric Machinery 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 )
=	732.045	/ (	(539.798	+	607.078)	/	2 )
=	732.045	/	573.438
=	1.28

Senci Electric Machinery Co (SHSE:603109) 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.

Senci Electric Machinery Co Receivables Turnover Related Terms

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Senci Electric Machinery Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Senci Electric Machinery Co Ltd (SHSE:603109) » Definitions » Receivables Turnover

Comparable Companies

Traded in Other Exchanges

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Address

No.200 Tongxing North Road, Tongjiaxi Town, Beibei District, Chongqing, CHN, 400700

Website

http://www.senci.cn

Senci Electric Machinery Co Ltd engages in research, development, manufacturing and sale of small generators, general gasoline engines and their terminal products. The company manufactures generators, starters, motors, inverters, internal combustion engines, generator sets, air compressors, washing machines, garden machinery and equipment, welding equipment, lighting equipment, uninterruptible power supplies, electronic components, microelectronics , mechatronic products and gasoline and diesel engine parts, power tools, electric vehicle parts, auto parts, motorcycle parts, general machinery, construction machinery and equipment; surface treatment of machine parts; sales of steel, building materials.

Executives

Ou Chun Mei	Director
Ai Chun	Director

Senci Electric Machinery Co Headlines

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