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Yindu Kitchen Equipment Co (SHSE:603277) Receivables Turnover : 2.29 (As of Mar. 2025)


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What is Yindu Kitchen 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. Yindu Kitchen Equipment Co's Revenue for the three months ended in Mar. 2025 was ¥614 Mil. Yindu Kitchen Equipment Co's average Accounts Receivable for the three months ended in Mar. 2025 was ¥268 Mil. Hence, Yindu Kitchen Equipment Co's Receivables Turnover for the three months ended in Mar. 2025 was 2.29.


Yindu Kitchen Equipment Co Receivables Turnover Historical Data

The historical data trend for Yindu Kitchen 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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Yindu Kitchen Equipment Co Receivables Turnover Chart

Yindu Kitchen Equipment Co Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 10.74 13.29 12.93 13.83 12.76

Yindu Kitchen 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 2.84 2.60 2.47 2.48 2.29

Competitive Comparison of Yindu Kitchen Equipment Co's Receivables Turnover

For the Specialty Industrial Machinery subindustry, Yindu Kitchen 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.


Yindu Kitchen Equipment Co's Receivables Turnover Distribution in the Industrial Products Industry

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

* The bar in red indicates where Yindu Kitchen Equipment Co's Receivables Turnover falls into.


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Yindu Kitchen Equipment Co Receivables Turnover Calculation

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

Yindu Kitchen 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 )
=2752.51 / ((183.703 + 247.561) / 2 )
=2752.51 / 215.632
=12.76

Yindu Kitchen 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 )
=613.642 / ((247.561 + 288.046) / 2 )
=613.642 / 267.8035
=2.29

* 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.


Yindu Kitchen Equipment Co  (SHSE:603277) 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.


Yindu Kitchen Equipment Co Receivables Turnover Related Terms

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Yindu Kitchen Equipment Co Business Description

Traded in Other Exchanges
N/A
Address
No.1 Xingxing Road, Xingqiao Street, Yuhang District, Zhejiang Province, Hangzhou, CHN, 311100
Yindu Kitchen Equipment Co Ltd operates in the commercial kitchen equipment industry. The company focuses on scientific research, design, manufacture, direct sales and after-sales services of commercial kitchen equipment. Its product portfolio comprises commercial refrigerator, chafing dish equipment, gas equipment, display refrigerator and ice maker machine.
Executives
Zhu Wen Wei senior management
Lu Ling Peng senior management
Wang Fen Di senior management
Wang Chun Yao senior management
Jiang Xiao Lin Director
Lv Wei Director
Zhu Zhi Yi Directors, senior managers
Lin Jian Yong senior management

Yindu Kitchen Equipment Co Headlines

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