Autel Intelligent Technology (SHSE:688208) Receivables Turnover : 1.33 (As of Sep. 2024)

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What is Autel Intelligent 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. Autel Intelligent Technology's Revenue for the three months ended in Sep. 2024 was ¥962 Mil. Autel Intelligent Technology's average Accounts Receivable for the three months ended in Sep. 2024 was ¥726 Mil. Hence, Autel Intelligent Technology's Receivables Turnover for the three months ended in Sep. 2024 was 1.33.

Autel Intelligent Technology Receivables Turnover Historical Data

The historical data trend for Autel Intelligent 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.

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Autel Intelligent Technology Receivables Turnover Chart

Autel Intelligent Technology Annual Data

Trend

Dec13

Dec14

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Receivables Turnover

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5.03

5.52

5.78

3.94

4.67

Autel Intelligent Technology Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Receivables Turnover	Get a 7-Day Free Trial															1.06	1.53	1.21	1.35	1.33

Competitive Comparison of Autel Intelligent Technology's Receivables Turnover

For the Auto Parts subindustry, Autel Intelligent 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.

Autel Intelligent Technology's Receivables Turnover Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Autel Intelligent Technology's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Autel Intelligent Technology's Receivables Turnover falls into.

Autel Intelligent Technology Receivables Turnover Calculation

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

Autel Intelligent Technology'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 )
=	3251.152	/ (	(687.775	+	705.188)	/	2 )
=	3251.152	/	696.4815
=	4.67

Autel Intelligent Technology's Receivables Turnover for the quarter that ended in Sep. 2024 is calculated as

	Receivables Turnover (Q: Sep. 2024 )
=	Revenue	/	Average Total Inventories
=	Revenue (Q: Sep. 2024 )	/ (	(Accounts Receivable (Q: Jun. 2024 )	+	Accounts Receivable (Q: Sep. 2024 ))	/	count )
=	962.408	/ (	(721.277	+	730.19)	/	2 )
=	962.408	/	725.7335
=	1.33

Autel Intelligent Technology (SHSE:688208) 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.

Autel Intelligent Technology Receivables Turnover Related Terms

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Autel Intelligent Technology Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Autel Intelligent Technology Corp Ltd (SHSE:688208) » Definitions » Receivables Turnover

Traded in Other Exchanges

N/A

Address

No. 1001 Xueyuan Avenue, Xili Street, 7th, 8th and 10th floors of Building B1, Zhiyuan, Nanshan District, Guangdong, Shenzhen, CHN, 518055

Website

http://www.auteltech.cn

Autel Intelligent Technology Corp Ltd is an automotive electronic products manufacturer. It is engaged in production, sales and service of automotive intelligent diagnosis, detection and analysis systems and automotive electronic components. The company's products include diagnostic products, ADAS series products, Tire Pressure products, Anti-Theft products and other products.

Executives

Li Hong Jing	Director
Li Hong	Director
Zhou Qiu Fang	Supervisors
Zhan Jin Yong	Core technical personnel
Deng Ren Xiang	Supervisors
Luo Yong Liang	Core technical personnel
Yin Hui	Core technical personnel
Wang Yong	senior management
Zhang Wei	Supervisors

Autel Intelligent Technology Headlines

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