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Zhengping Road & Bridge Construction Co (SHSE:603843) Receivables Turnover : 0.17 (As of Mar. 2025)


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What is Zhengping Road & Bridge Construction 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. Zhengping Road & Bridge Construction Co's Revenue for the three months ended in Mar. 2025 was ¥147 Mil. Zhengping Road & Bridge Construction Co's average Accounts Receivable for the three months ended in Mar. 2025 was ¥876 Mil. Hence, Zhengping Road & Bridge Construction Co's Receivables Turnover for the three months ended in Mar. 2025 was 0.17.


Zhengping Road & Bridge Construction Co Receivables Turnover Historical Data

The historical data trend for Zhengping Road & Bridge Construction 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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Zhengping Road & Bridge Construction Co Receivables Turnover Chart

Zhengping Road & Bridge Construction 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 9.57 4.41 1.50 1.46 1.14

Zhengping Road & Bridge Construction 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 0.17 0.23 0.23 0.49 0.17

Competitive Comparison of Zhengping Road & Bridge Construction Co's Receivables Turnover

For the Engineering & Construction subindustry, Zhengping Road & Bridge Construction 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.


Zhengping Road & Bridge Construction Co's Receivables Turnover Distribution in the Construction Industry

For the Construction industry and Industrials sector, Zhengping Road & Bridge Construction Co's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Zhengping Road & Bridge Construction Co's Receivables Turnover falls into.


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Zhengping Road & Bridge Construction Co Receivables Turnover Calculation

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

Zhengping Road & Bridge Construction 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 )
=1361.939 / ((1350.943 + 1045.066) / 2 )
=1361.939 / 1198.0045
=1.14

Zhengping Road & Bridge Construction 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 )
=146.974 / ((1045.066 + 706.943) / 2 )
=146.974 / 876.0045
=0.17

* 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.


Zhengping Road & Bridge Construction Co  (SHSE:603843) 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.


Zhengping Road & Bridge Construction Co Receivables Turnover Related Terms

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Zhengping Road & Bridge Construction Co Business Description

Traded in Other Exchanges
N/A
Address
No. 128 Changjiang Road, 14th Floor, Innovation Building, Qinghai Province, Xining, CHN, 810000
Zhengping Road & Bridge Construction Co Ltd engages in the designing, engineering, construction, surveying, testing, and maintenance of roads and bridges in China. It constructs highway bridges, pavements, roadbeds, earth and stones, and tunnels; and produces and sells steel corrugated culvert and other products.
Executives
Jin Sheng Hui Director
Jin Sheng Guang Director
Li Jian Li Director
Luo Chang Quan Supervisors
Wang Zhang An Supervisors

Zhengping Road & Bridge Construction Co Headlines

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