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Jiangxi Yuean Advanced Materials Co (SHSE:688786) Receivables Turnover : 1.19 (As of Mar. 2025)


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What is Jiangxi Yuean Advanced Materials 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. Jiangxi Yuean Advanced Materials Co's Revenue for the three months ended in Mar. 2025 was ¥96.2 Mil. Jiangxi Yuean Advanced Materials Co's average Accounts Receivable for the three months ended in Mar. 2025 was ¥80.6 Mil. Hence, Jiangxi Yuean Advanced Materials Co's Receivables Turnover for the three months ended in Mar. 2025 was 1.19.


Jiangxi Yuean Advanced Materials Co Receivables Turnover Historical Data

The historical data trend for Jiangxi Yuean Advanced Materials 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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Jiangxi Yuean Advanced Materials Co Receivables Turnover Chart

Jiangxi Yuean Advanced Materials Co Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Receivables Turnover
Get a 7-Day Free Trial 2.95 4.21 5.44 5.41 5.68

Jiangxi Yuean Advanced Materials 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.23 1.48 1.26 1.33 1.19

Competitive Comparison of Jiangxi Yuean Advanced Materials Co's Receivables Turnover

For the Specialty Chemicals subindustry, Jiangxi Yuean Advanced Materials 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.


Jiangxi Yuean Advanced Materials Co's Receivables Turnover Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Jiangxi Yuean Advanced Materials Co's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Jiangxi Yuean Advanced Materials Co's Receivables Turnover falls into.


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Jiangxi Yuean Advanced Materials Co Receivables Turnover Calculation

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

Jiangxi Yuean Advanced Materials 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 )
=417.777 / ((70.42 + 76.71) / 2 )
=417.777 / 73.565
=5.68

Jiangxi Yuean Advanced Materials 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 )
=96.218 / ((76.71 + 84.479) / 2 )
=96.218 / 80.5945
=1.19

* 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.


Jiangxi Yuean Advanced Materials Co  (SHSE:688786) 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.


Jiangxi Yuean Advanced Materials Co Receivables Turnover Related Terms

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Jiangxi Yuean Advanced Materials Co Business Description

Traded in Other Exchanges
N/A
Address
New Century Industrial City, Dayu County, Jiangxi Province, Ganzhou, CHN, 341500
Jiangxi Yuean Advanced Materials Co Ltd is engaged in the research and development, production, and sales of carbonyl iron powder, atomized alloy powder, and related powder deep processing products.
Executives
Li Bo Director
Li Xian Xin Core technical personnel
Wang Bing Director
Yu Yuan Bao Director

Jiangxi Yuean Advanced Materials Co Headlines

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