Yonyou Auto Information Technology (Shanghai) Co (SHSE:688479) Receivables Turnover : 0.49 (As of Sep. 2024)

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What is Yonyou Auto Information Technology (Shanghai) 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. Yonyou Auto Information Technology (Shanghai) Co's Revenue for the three months ended in Sep. 2024 was ¥122.3 Mil. Yonyou Auto Information Technology (Shanghai) Co's average Accounts Receivable for the three months ended in Sep. 2024 was ¥248.3 Mil. Hence, Yonyou Auto Information Technology (Shanghai) Co's Receivables Turnover for the three months ended in Sep. 2024 was 0.49.

Yonyou Auto Information Technology (Shanghai) Co Receivables Turnover Historical Data

The historical data trend for Yonyou Auto Information Technology (Shanghai) 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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Yonyou Auto Information Technology (Shanghai) Co Receivables Turnover Chart

Yonyou Auto Information Technology (Shanghai) Co Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Receivables Turnover

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3.94

4.04

4.33

3.56

3.45

Yonyou Auto Information Technology (Shanghai) Co Quarterly Data
	Dec18	Dec19	Dec20	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Receivables Turnover	Get a 7-Day Free Trial												0.66	1.03	0.69	0.70	0.49

Competitive Comparison of Yonyou Auto Information Technology (Shanghai) Co's Receivables Turnover

For the Software - Application subindustry, Yonyou Auto Information Technology (Shanghai) 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.

Yonyou Auto Information Technology (Shanghai) Co's Receivables Turnover Distribution in the Software Industry

For the Software industry and Technology sector, Yonyou Auto Information Technology (Shanghai) Co's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Yonyou Auto Information Technology (Shanghai) Co's Receivables Turnover falls into.

Yonyou Auto Information Technology (Shanghai) Co Receivables Turnover Calculation

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

Yonyou Auto Information Technology (Shanghai) 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 )
=	735.813	/ (	(222.354	+	204.449)	/	2 )
=	735.813	/	213.4015
=	3.45

Yonyou Auto Information Technology (Shanghai) Co'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 )
=	122.314	/ (	(245.029	+	251.507)	/	2 )
=	122.314	/	248.268
=	0.49

Yonyou Auto Information Technology (Shanghai) Co (SHSE:688479) 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.

Yonyou Auto Information Technology (Shanghai) Co Receivables Turnover Related Terms

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Yonyou Auto Information Technology (Shanghai) Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Yonyou Auto Information Technology (Shanghai) Co Ltd (SHSE:688479) » Definitions » Receivables Turnover

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Address

No. 1288, Yecheng Road, Room 50138, Building 1, Jiading Industrial Zone, Shanghai, CHN, 200050

Website

https://www.yonyouqiche.com

Yonyou Auto Information Technology (Shanghai) Co Ltd is In the field of automotive industry marketing and aftermarket services, it provides customers with related software products and services. The company is engaged in computer hardware and software and network equipment, products and system integration fields Technology development, technology transfer, technical service, technical consultation, and sales of electronic products.

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