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Zhe Jiang Li Zi Yuan Food Co (SHSE:605337) Receivables Turnover : 315.87 (As of Mar. 2025)


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What is Zhe Jiang Li Zi Yuan Food 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. Zhe Jiang Li Zi Yuan Food Co's Revenue for the three months ended in Mar. 2025 was ¥320 Mil. Zhe Jiang Li Zi Yuan Food Co's average Accounts Receivable for the three months ended in Mar. 2025 was ¥1 Mil. Hence, Zhe Jiang Li Zi Yuan Food Co's Receivables Turnover for the three months ended in Mar. 2025 was 315.87.


Zhe Jiang Li Zi Yuan Food Co Receivables Turnover Historical Data

The historical data trend for Zhe Jiang Li Zi Yuan Food 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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Zhe Jiang Li Zi Yuan Food Co Receivables Turnover Chart

Zhe Jiang Li Zi Yuan Food Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only 1,106.94 1,571.06 1,523.11 2,322.21 1,637.81

Zhe Jiang Li Zi Yuan Food 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 530.32 221.81 281.50 403.63 315.87

Competitive Comparison of Zhe Jiang Li Zi Yuan Food Co's Receivables Turnover

For the Packaged Foods subindustry, Zhe Jiang Li Zi Yuan Food 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.


Zhe Jiang Li Zi Yuan Food Co's Receivables Turnover Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Zhe Jiang Li Zi Yuan Food Co's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Zhe Jiang Li Zi Yuan Food Co's Receivables Turnover falls into.


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Zhe Jiang Li Zi Yuan Food Co Receivables Turnover Calculation

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

Zhe Jiang Li Zi Yuan Food 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 )
=1415.072 / ((0.435 + 1.293) / 2 )
=1415.072 / 0.864
=1,637.81

Zhe Jiang Li Zi Yuan Food 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 )
=319.977 / ((1.293 + 0.733) / 2 )
=319.977 / 1.013
=315.87

* 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.


Zhe Jiang Li Zi Yuan Food Co  (SHSE:605337) 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.


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Zhe Jiang Li Zi Yuan Food Co Business Description

Traded in Other Exchanges
N/A
Address
Liziyuan Industrial Park, Caozhai Town, Jindong District, Zhejiang Province, Jinhua, CHN, 321031
Zhe Jiang Li Zi Yuan Food Co Ltd is engaged in research and development, production and sales of milk-containing beverages and other beverages such as sweet milk and milk beverage series. Its products include dairy products, vegetable protein beverages, compound protein beverages, fruit juice beverages, and cereal beverages.
Executives
Cui Hong Wei Supervisors
Sun Xu Fen senior management
Zhu Wen Xiu Director
Cheng Wei Zhong senior management
Wang Shun Yu Director
Su Zhong Jun Director
Fang Jian Hua senior management
Li Guo Ping Director
Xu Fu Sheng senior management
Wang Xu Bin Director
Zheng Song You Supervisors

Zhe Jiang Li Zi Yuan Food Co Headlines

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