Dongzhu Ecological Environment Protection Co (SHSE:603359) Receivables Turnover : 0.23 (As of Mar. 2024)

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What is Dongzhu Ecological Environment Protection 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. Dongzhu Ecological Environment Protection Co's Revenue for the three months ended in Mar. 2024 was ¥124.4 Mil. Dongzhu Ecological Environment Protection Co's average Accounts Receivable for the three months ended in Mar. 2024 was ¥543.2 Mil. Hence, Dongzhu Ecological Environment Protection Co's Receivables Turnover for the three months ended in Mar. 2024 was 0.23.

Dongzhu Ecological Environment Protection Co Receivables Turnover Historical Data

The historical data trend for Dongzhu Ecological Environment Protection 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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Dongzhu Ecological Environment Protection Co Receivables Turnover Chart

Dongzhu Ecological Environment Protection Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Receivables Turnover

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3.14

3.12

2.76

1.06

0.95

Dongzhu Ecological Environment Protection Co Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Receivables Turnover	Get a 7-Day Free Trial															0.15	0.22	0.25	0.24	0.23

Competitive Comparison of Dongzhu Ecological Environment Protection Co's Receivables Turnover

For the Engineering & Construction subindustry, Dongzhu Ecological Environment Protection 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.

Dongzhu Ecological Environment Protection Co's Receivables Turnover Distribution in the Construction Industry

For the Construction industry and Industrials sector, Dongzhu Ecological Environment Protection Co's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Dongzhu Ecological Environment Protection Co's Receivables Turnover falls into.

Dongzhu Ecological Environment Protection Co Receivables Turnover Calculation

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

Dongzhu Ecological Environment Protection Co's Receivables Turnover for the fiscal year that ended in Dec. 2023 is calculated as

	Receivables Turnover (A: Dec. 2023 )
=	Revenue	/	Average Total Inventories
=	Revenue (A: Dec. 2023 )	/ (	(Accounts Receivable (A: Dec. 2022 )	+	Accounts Receivable (A: Dec. 2023 ))	/	count )
=	828.692	/ (	(1221.709	+	527.026)	/	2 )
=	828.692	/	874.3675
=	0.95

Dongzhu Ecological Environment Protection Co's Receivables Turnover for the quarter that ended in Mar. 2024 is calculated as

	Receivables Turnover (Q: Mar. 2024 )
=	Revenue	/	Average Total Inventories
=	Revenue (Q: Mar. 2024 )	/ (	(Accounts Receivable (Q: Dec. 2023 )	+	Accounts Receivable (Q: Mar. 2024 ))	/	count )
=	124.393	/ (	(527.026	+	559.282)	/	2 )
=	124.393	/	543.154
=	0.23

Dongzhu Ecological Environment Protection Co (SHSE:603359) 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.

Dongzhu Ecological Environment Protection Co Receivables Turnover Related Terms

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Dongzhu Ecological Environment Protection Co (SHSE:603359) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Dongzhu Ecological Environment Protection Co Ltd (SHSE:603359) » Definitions » Receivables Turnover

Traded in Other Exchanges

N/A

Address

No. 90, Xihu Middle Road, Dongting Street, Xishan District, Wuxi, CHN, 214101

Website

http://www.dongzhugufen.com

Dongzhu Ecological Environment Protection Co Ltd operates in the domestic garden landscape industry. The main business activities of the company are seedling planting, ecological landscape design, ecological restoration and landscape engineering construction, and landscape conservation and complete ecological landscape production.

Executives

Mou Chun Xiao	Director
Xi Hui Ming	Director
Zhu Zheng Zhong	Directors, senior managers
Zhang Jian Liang	Directors, senior managers
Xi Chen Chao	Director
Huang Ying	senior management
Tan Shao Yang	senior management
Zhu Liang	Supervisors
Li Jia Jun	senior management
Wang Xuan	Director

Dongzhu Ecological Environment Protection Co (SHSE:603359) Headlines

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