Chimin Health Management Co (SHSE:603222) Receivables Turnover : 1.36 (As of Mar. 2025)

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What is Chimin Health Management 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. Chimin Health Management Co's Revenue for the three months ended in Mar. 2025 was ¥181.0 Mil. Chimin Health Management Co's average Accounts Receivable for the three months ended in Mar. 2025 was ¥133.0 Mil. Hence, Chimin Health Management Co's Receivables Turnover for the three months ended in Mar. 2025 was 1.36.

Chimin Health Management Co Receivables Turnover Historical Data

The historical data trend for Chimin Health Management 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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Chimin Health Management Co Receivables Turnover Chart

Chimin Health Management Co Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Receivables Turnover

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4.87

5.95

5.31

5.70

5.23

Chimin Health Management 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															1.28	1.23	1.15	0.58	1.36

Competitive Comparison of Chimin Health Management Co's Receivables Turnover

For the Medical Instruments & Supplies subindustry, Chimin Health Management 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.

Chimin Health Management Co's Receivables Turnover Distribution in the Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, Chimin Health Management Co's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Chimin Health Management Co's Receivables Turnover falls into.

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Chimin Health Management Co Receivables Turnover Calculation

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

Chimin Health Management 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 )
=	775.729	/ (	(169.705	+	126.975)	/	2 )
=	775.729	/	148.34
=	5.23

Chimin Health Management 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 )
=	181.022	/ (	(126.975	+	139.083)	/	2 )
=	181.022	/	133.029
=	1.36

Chimin Health Management Co (SHSE:603222) 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.

Chimin Health Management Co Receivables Turnover Related Terms

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Chimin Health Management Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Devices & Instruments » Chimin Health Management Co Ltd (SHSE:603222) » Definitions » Receivables Turnover

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 888, Beiyuan Road, Huangyan District, Zhejiang Province, Taizhou, CHN, 318020

Website

http://www.chimin.cn

Chimin Health Management Co Ltd is engaged in the pharmaceutical industry. It is engaged in the research and development, production and sales of human medicines and medical devices. Its product centers include large volume injection, medical instruments, Nephrology treatment, and medical service. The company has production bases in Taizhou, Shanghai and Spain.

Executives

Tian Yun Fei	Director
Bie Yong	senior management
Li Li Sha	Director
Huang Yu	Director
Ma Gui Yan	senior management

Chimin Health Management Co Headlines

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