GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » Beijing YanDong MicroElectronic Co Ltd (SHSE:688172) » Definitions » Receivables Turnover

Beijing YanDong MicroElectronic Co (SHSE:688172) Receivables Turnover : 0.26 (As of Mar. 2024)


View and export this data going back to 2022. Start your Free Trial

What is Beijing YanDong MicroElectronic 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. Beijing YanDong MicroElectronic Co's Revenue for the three months ended in Mar. 2024 was ¥309 Mil. Beijing YanDong MicroElectronic Co's average Accounts Receivable for the three months ended in Mar. 2024 was ¥1,199 Mil. Hence, Beijing YanDong MicroElectronic Co's Receivables Turnover for the three months ended in Mar. 2024 was 0.26.


Beijing YanDong MicroElectronic Co Receivables Turnover Historical Data

The historical data trend for Beijing YanDong MicroElectronic 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.

Beijing YanDong MicroElectronic Co Receivables Turnover Chart

Beijing YanDong MicroElectronic Co Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Receivables Turnover
2.63 2.70 5.35 4.29 2.39

Beijing YanDong MicroElectronic Co Quarterly Data
Dec19 Dec20 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 0.68 0.57 0.37 0.50 0.26

Competitive Comparison of Beijing YanDong MicroElectronic Co's Receivables Turnover

For the Semiconductors subindustry, Beijing YanDong MicroElectronic 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.


Beijing YanDong MicroElectronic Co's Receivables Turnover Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, Beijing YanDong MicroElectronic Co's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Beijing YanDong MicroElectronic Co's Receivables Turnover falls into.



Beijing YanDong MicroElectronic Co Receivables Turnover Calculation

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

Beijing YanDong MicroElectronic 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 )
=2126.904 / ((621.456 + 1161.451) / 2 )
=2126.904 / 891.4535
=2.39

Beijing YanDong MicroElectronic 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 )
=308.998 / ((1161.451 + 1236.771) / 2 )
=308.998 / 1199.111
=0.26

* 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.


Beijing YanDong MicroElectronic Co  (SHSE:688172) 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.


Beijing YanDong MicroElectronic Co Receivables Turnover Related Terms

Thank you for viewing the detailed overview of Beijing YanDong MicroElectronic Co's Receivables Turnover provided by GuruFocus.com. Please click on the following links to see related term pages.


Beijing YanDong MicroElectronic Co (SHSE:688172) Business Description

Traded in Other Exchanges
N/A
Address
West Eight Room, Dongzhimenwai, Chaoyang District, Beijing, CHN, 100176
Beijing YanDong MicroElectronic Co Ltd is a semiconductor company integrating chip design, wafer manufacturing, packaging and testing.

Beijing YanDong MicroElectronic Co (SHSE:688172) Headlines

No Headlines