HangZhou Nbond Nonwovens Co (SHSE:603238) Receivables Turnover : 1.61 (As of Mar. 2025)

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What is HangZhou Nbond Nonwovens 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. HangZhou Nbond Nonwovens Co's Revenue for the three months ended in Mar. 2025 was ¥608 Mil. HangZhou Nbond Nonwovens Co's average Accounts Receivable for the three months ended in Mar. 2025 was ¥377 Mil. Hence, HangZhou Nbond Nonwovens Co's Receivables Turnover for the three months ended in Mar. 2025 was 1.61.

HangZhou Nbond Nonwovens Co Receivables Turnover Historical Data

The historical data trend for HangZhou Nbond Nonwovens 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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HangZhou Nbond Nonwovens Co Receivables Turnover Chart

HangZhou Nbond Nonwovens Co Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Receivables Turnover

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11.03

7.48

7.14

6.75

6.45

HangZhou Nbond Nonwovens 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															1.58	1.98	1.75	1.93	1.61

Competitive Comparison of HangZhou Nbond Nonwovens Co's Receivables Turnover

For the Textile Manufacturing subindustry, HangZhou Nbond Nonwovens 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.

HangZhou Nbond Nonwovens Co's Receivables Turnover Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, HangZhou Nbond Nonwovens Co's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where HangZhou Nbond Nonwovens Co's Receivables Turnover falls into.

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HangZhou Nbond Nonwovens Co Receivables Turnover Calculation

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

HangZhou Nbond Nonwovens 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 )
=	2236.644	/ (	(301.254	+	392.557)	/	2 )
=	2236.644	/	346.9055
=	6.45

HangZhou Nbond Nonwovens 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 )
=	608.14	/ (	(392.557	+	361.945)	/	2 )
=	608.14	/	377.251
=	1.61

HangZhou Nbond Nonwovens Co (SHSE:603238) 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.

HangZhou Nbond Nonwovens Co Receivables Turnover Related Terms

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HangZhou Nbond Nonwovens Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » HangZhou Nbond Nonwovens Co Ltd (SHSE:603238) » Definitions » Receivables Turnover

Traded in Other Exchanges

N/A

Address

No. 16 Hongda Road, Yuhang Economic and Technological Development Zone, Zhejiang Province, Hangzhou, CHN, 311102

Website

http://www.nbond.cn

HangZhou Nbond Nonwovens Co Ltd is a China-based company engages in the production and sale of non-woven fabrics. The Company is a company specializing in the research and development, production and sales of differentiated and personalized spunlace nonwoven materials and their products. The spunlace nonwoven materials produced by the Company are mainly used in four product areas: beauty care, industrial materials, civil cleaning, and medical materials. The Company's products are divided into two categories: spunlace nonwoven materials and spunlace nonwoven material products.

Executives

Chen Wei Guo	senior management
Zhang Jie	Directors, senior managers
Lu Nian Fen	senior management
Gong Jin Rui	Directors, senior managers
Ren Jian Yong	Directors, senior managers
Zhong Wei Cheng	senior management
Zhang Guo Fu	Supervisors
Ren Fu Jia	Director
Wang Gang	Director
Zhang Yong Tao	Supervisors

HangZhou Nbond Nonwovens Co Headlines

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