Ningbo Tianlong Electronics Co (SHSE:603266) Receivables Turnover : 0.59 (As of Mar. 2025)

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What is Ningbo Tianlong Electronics 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. Ningbo Tianlong Electronics Co's Revenue for the three months ended in Mar. 2025 was ¥303 Mil. Ningbo Tianlong Electronics Co's average Accounts Receivable for the three months ended in Mar. 2025 was ¥511 Mil. Hence, Ningbo Tianlong Electronics Co's Receivables Turnover for the three months ended in Mar. 2025 was 0.59.

Ningbo Tianlong Electronics Co Receivables Turnover Historical Data

The historical data trend for Ningbo Tianlong Electronics 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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Ningbo Tianlong Electronics Co Receivables Turnover Chart

Ningbo Tianlong Electronics Co Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Receivables Turnover

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2.55

2.85

2.73

2.64

2.62

Ningbo Tianlong Electronics 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															0.68	0.67	0.68	0.77	0.59

Competitive Comparison of Ningbo Tianlong Electronics Co's Receivables Turnover

For the Auto Parts subindustry, Ningbo Tianlong Electronics 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.

Ningbo Tianlong Electronics Co's Receivables Turnover Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Ningbo Tianlong Electronics Co's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Ningbo Tianlong Electronics Co's Receivables Turnover falls into.

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Ningbo Tianlong Electronics Co Receivables Turnover Calculation

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

Ningbo Tianlong Electronics 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 )
=	1366.539	/ (	(508.521	+	534.051)	/	2 )
=	1366.539	/	521.286
=	2.62

Ningbo Tianlong Electronics 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 )
=	303.434	/ (	(534.051	+	488.46)	/	2 )
=	303.434	/	511.2555
=	0.59

Ningbo Tianlong Electronics Co (SHSE:603266) 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.

Ningbo Tianlong Electronics Co Receivables Turnover Related Terms

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Ningbo Tianlong Electronics Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Ningbo Tianlong Electronics Co Ltd (SHSE:603266) » Definitions » Receivables Turnover

Traded in Other Exchanges

N/A

Address

No. 116, Batang Road, Building 3, Hangzhou Bay New Area, Zhejiang Province, Ningbo, CHN, 315336

Website

https://www.ptianlong.com

Ningbo Tianlong Electronics Co Ltd produces and sells plastic parts for electronic products in China. It offers industrial parts for use in medium-low and low voltage products, adapters, and low-voltage terminals and distribution cabinets. It also provides plastic casings for cellular phones and digital cameras; and high precision plastic parts, such as car cooling fans, gear housings, BCM housings, GID/TID housings, brush holders, filter components, and other small components for vehicles. In addition, the company produces molds for consumer products, precision automotive parts, precision industrial products; and plastic parts for printers and other consumer products, wall plates, and power sockets, as well as engages in the turnkey assembly of cell phone and digital camera mockup.

Executives

Yu Zhong Can	Director
Yu Jian Feng	senior management
Shen Chao Hui	Director

Ningbo Tianlong Electronics Co Headlines

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