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China Communications Construction Co (STU:CYY) Receivables Turnover : 0.77 (As of Jun. 2024)


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What is China Communications Construction 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. China Communications Construction Co's Revenue for the three months ended in Jun. 2024 was €22,935 Mil. China Communications Construction Co's average Accounts Receivable for the three months ended in Jun. 2024 was €29,680 Mil. Hence, China Communications Construction Co's Receivables Turnover for the three months ended in Jun. 2024 was 0.77.


China Communications Construction Co Receivables Turnover Historical Data

The historical data trend for China Communications Construction 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.

China Communications Construction Co Receivables Turnover Chart

China Communications Construction Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.82 2.60 3.09 3.82 2.55

China Communications Construction Co Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
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 1.64 1.54 0.99 0.84 0.77

Competitive Comparison of China Communications Construction Co's Receivables Turnover

For the Engineering & Construction subindustry, China Communications Construction 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.


China Communications Construction Co's Receivables Turnover Distribution in the Construction Industry

For the Construction industry and Industrials sector, China Communications Construction Co's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where China Communications Construction Co's Receivables Turnover falls into.



China Communications Construction Co Receivables Turnover Calculation

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

China Communications Construction 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 )
=97045.935 / ((37369.222 + 38809.461) / 2 )
=97045.935 / 38089.3415
=2.55

China Communications Construction Co's Receivables Turnover for the quarter that ended in Jun. 2024 is calculated as

Receivables Turnover (Q: Jun. 2024 )
=Revenue / Average Total Inventories
=Revenue (Q: Jun. 2024 ) / ((Accounts Receivable (Q: Mar. 2024 ) + Accounts Receivable (Q: Jun. 2024 )) / count )
=22935.379 / ((15072.967 + 44287.537) / 2 )
=22935.379 / 29680.252
=0.77

* 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.


China Communications Construction Co  (STU:CYY) 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.


China Communications Construction Co Receivables Turnover Related Terms

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China Communications Construction Co Business Description

Traded in Other Exchanges
Address
85 De Sheng Men Wai Street, Xicheng District, Beijing, CHN, 100088
China Communications Construction Co Ltd is China's leading engineering and construction company providing construction solutions and services. The company's segment includes Construction; Design; Dredging and others. It generates maximum revenue from the Construction segment. The Construction segment includes infrastructure construction of ports, roads, bridges and railways, municipal and environmental engineering, and others.

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