Liaoning Fu-An Heavy Industry Co (SHSE:603315) Receivables Turnover : 0.26 (As of Mar. 2025)

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What is Liaoning Fu-An Heavy Industry 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. Liaoning Fu-An Heavy Industry Co's Revenue for the three months ended in Mar. 2025 was ¥235 Mil. Liaoning Fu-An Heavy Industry Co's average Accounts Receivable for the three months ended in Mar. 2025 was ¥895 Mil. Hence, Liaoning Fu-An Heavy Industry Co's Receivables Turnover for the three months ended in Mar. 2025 was 0.26.

Liaoning Fu-An Heavy Industry Co Receivables Turnover Historical Data

The historical data trend for Liaoning Fu-An Heavy Industry 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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Liaoning Fu-An Heavy Industry Co Receivables Turnover Chart

Liaoning Fu-An Heavy Industry Co Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Receivables Turnover

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1.33

1.24

1.21

1.14

1.42

Liaoning Fu-An Heavy Industry 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															0.26	0.36	0.39	0.32	0.26

Competitive Comparison of Liaoning Fu-An Heavy Industry Co's Receivables Turnover

For the Steel subindustry, Liaoning Fu-An Heavy Industry 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.

Liaoning Fu-An Heavy Industry Co's Receivables Turnover Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Liaoning Fu-An Heavy Industry Co's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Liaoning Fu-An Heavy Industry Co's Receivables Turnover falls into.

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Liaoning Fu-An Heavy Industry Co Receivables Turnover Calculation

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

Liaoning Fu-An Heavy Industry 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 )
=	1237.283	/ (	(854.893	+	886.515)	/	2 )
=	1237.283	/	870.704
=	1.42

Liaoning Fu-An Heavy Industry 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 )
=	234.502	/ (	(886.515	+	903.825)	/	2 )
=	234.502	/	895.17
=	0.26

Liaoning Fu-An Heavy Industry Co (SHSE:603315) 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.

Liaoning Fu-An Heavy Industry Co Receivables Turnover Related Terms

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Liaoning Fu-An Heavy Industry Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Liaoning Fu-An Heavy Industry Co Ltd (SHSE:603315) » Definitions » Receivables Turnover

Comparable Companies

Traded in Other Exchanges

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Address

No.8, Anzheng Road, Qianshan District, Anshan, CHN, 114016

Website

http://www.lnfa.com.cn

Liaoning Fu-An Heavy Industry Co Ltd is engaged in the manufacturing of heavy steel castings products. According to the use, its products can be divided into thermal power equipment Castings, hydroelectric equipment castings, other power generation equipment castings and other castings. The main thermal power products include high/medium pressure internal and external cylinders; Valve body/cylinder. Hydropower products include upper crown, lower ring, runner body, Thrust heads, blades, ball valve bodies. Rail transit products include internal combustion engine bogies.

Executives

Han Yue Hai	Director
Yin Chen Yang	Director
Mu Jian Hua	Director
Yu Guang Yu	senior management
Liu Ying Chun	senior management
Qin Shuai	Directors, senior managers
Li Jian	senior management
Liu Ai Guo	Directors, senior managers
Zhang Yi Yan	Supervisors
Shi Peng	Directors, senior managers
Li Jing	Directors, senior managers
Wu Di	senior management
Gou Min	Supervisors
Lv Shi Ping	Director
Li Min	Supervisors

Liaoning Fu-An Heavy Industry Co Headlines

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