Nanjing Wondux Environmental Protection Technology (SHSE:688178) Receivables Turnover : 0.22 (As of Mar. 2025)

View and export this data going back to 2020. Start your Free Trial

What is Nanjing Wondux Environmental Protection Technology 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. Nanjing Wondux Environmental Protection Technology's Revenue for the three months ended in Mar. 2025 was ¥90.4 Mil. Nanjing Wondux Environmental Protection Technology's average Accounts Receivable for the three months ended in Mar. 2025 was ¥415.6 Mil. Hence, Nanjing Wondux Environmental Protection Technology's Receivables Turnover for the three months ended in Mar. 2025 was 0.22.

Nanjing Wondux Environmental Protection Technology Receivables Turnover Historical Data

The historical data trend for Nanjing Wondux Environmental Protection Technology'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.

Nanjing Wondux Environmental Protection Technology Receivables Turnover Chart

Nanjing Wondux Environmental Protection Technology Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Receivables Turnover

Get a 7-Day Free Trial

3.14

2.90

1.87

1.62

1.33

Nanjing Wondux Environmental Protection Technology 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															0.33	0.27	0.32	0.51	0.22

Competitive Comparison of Nanjing Wondux Environmental Protection Technology's Receivables Turnover

For the Waste Management subindustry, Nanjing Wondux Environmental Protection Technology'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.

Nanjing Wondux Environmental Protection Technology's Receivables Turnover Distribution in the Waste Management Industry

For the Waste Management industry and Industrials sector, Nanjing Wondux Environmental Protection Technology's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Nanjing Wondux Environmental Protection Technology's Receivables Turnover falls into.

Save Embed

;

Save Embed

;

Nanjing Wondux Environmental Protection Technology Receivables Turnover Calculation

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

Nanjing Wondux Environmental Protection Technology'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 )
=	621.581	/ (	(515.376	+	418.534)	/	2 )
=	621.581	/	466.955
=	1.33

Nanjing Wondux Environmental Protection Technology'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 )
=	90.44	/ (	(418.534	+	412.739)	/	2 )
=	90.44	/	415.6365
=	0.22

Nanjing Wondux Environmental Protection Technology (SHSE:688178) 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.

Nanjing Wondux Environmental Protection Technology Receivables Turnover Related Terms

Thank you for viewing the detailed overview of Nanjing Wondux Environmental Protection Technology's Receivables Turnover provided by GuruFocus.com. Please click on the following links to see related term pages.

Nanjing Wondux Environmental Protection Technology Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Waste Management » Nanjing Wondux Environmental Protection Technology Corp Ltd (SHSE:688178) » Definitions » Receivables Turnover

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 57 Gande Road, Jiangning District, Jiangsu Province, Nanjing, CHN, 211100

Website

http://www.njwds.com

Nanjing Wondux Environmental Protection Technology Corp Ltd is engaged in waste pollution reduction and repair business and provides high-level wastewater treatment. The company's projects include foreign engineering projects; waste treatment projects; leachate (filtration) liquid treatment engineering; air pollution prevention engineering; soil restoration; and ecological restoration.

Executives

Zhang Xiao Sai	senior management
Yuan Dao Ying	Directors, senior managers
Han Hui Suo	Director
Lin Shi Hua	senior management
Chen Can	Directors, senior managers
Dai Xin	senior management
Zhang Kai Sheng	senior management
Xu Bin	senior management

Nanjing Wondux Environmental Protection Technology Headlines

No Headlines