China National Electric Apparatus Research Institute Co (SHSE:688128) Receivables Turnover : 0.90 (As of Mar. 2025)

View and export this data going back to 2019. Start your Free Trial

What is China National Electric Apparatus Research Institute 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. China National Electric Apparatus Research Institute Co's Revenue for the three months ended in Mar. 2025 was ¥1,134 Mil. China National Electric Apparatus Research Institute Co's average Accounts Receivable for the three months ended in Mar. 2025 was ¥1,256 Mil. Hence, China National Electric Apparatus Research Institute Co's Receivables Turnover for the three months ended in Mar. 2025 was 0.90.

China National Electric Apparatus Research Institute Co Receivables Turnover Historical Data

The historical data trend for China National Electric Apparatus Research Institute 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.

* Premium members only.

China National Electric Apparatus Research Institute Co Receivables Turnover Chart

China National Electric Apparatus Research Institute Co Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Receivables Turnover

Get a 7-Day Free Trial

4.88

4.98

4.16

3.83

3.77

China National Electric Apparatus Research Institute 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															0.75	0.95	0.83	1.06	0.90

Competitive Comparison of China National Electric Apparatus Research Institute Co's Receivables Turnover

For the Electrical Equipment & Parts subindustry, China National Electric Apparatus Research Institute 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.

China National Electric Apparatus Research Institute Co's Receivables Turnover Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, China National Electric Apparatus Research Institute Co's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where China National Electric Apparatus Research Institute Co's Receivables Turnover falls into.

Save Embed

;

Save Embed

;

China National Electric Apparatus Research Institute Co Receivables Turnover Calculation

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

China National Electric Apparatus Research Institute 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 )
=	4522.709	/ (	(1151.931	+	1246.91)	/	2 )
=	4522.709	/	1199.4205
=	3.77

China National Electric Apparatus Research Institute 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 )
=	1134.159	/ (	(1246.91	+	1265.038)	/	2 )
=	1134.159	/	1255.974
=	0.90

China National Electric Apparatus Research Institute Co (SHSE:688128) 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.

China National Electric Apparatus Research Institute Co Receivables Turnover Related Terms

Thank you for viewing the detailed overview of China National Electric Apparatus Research Institute Co's Receivables Turnover provided by GuruFocus.com. Please click on the following links to see related term pages.

China National Electric Apparatus Research Institute Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » China National Electric Apparatus Research Institute Co Ltd (SHSE:688128) » Definitions » Receivables Turnover

Traded in Other Exchanges

N/A

Address

No. 204, Xingang West Road, Building 1, Haizhu District, Guangdong, Guangzhou, CHN, 510399

Website

http://www.cei1958.com

China National Electric Apparatus Research Institute Co Ltd is a national innovative science-and-technology enterprise. It is characterized with an integration of three core business sectors namely scientific research and development, science and technology service, as well as science and technology industry.

Executives

Yu He Qing

Core technical personnel

China National Electric Apparatus Research Institute Co Headlines

No Headlines