SUNH (Xuhang Holdings) Receivables Turnover: 0.31 (As of Dec. 2023)

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What is Xuhang Holdings Receivables Turnover?

Xuhang Holdings SUNH Receivables Turnover is 0.31 as of Dec. 2023.

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. Xuhang Holdings's Revenue for the three months ended in Dec. 2023 was $9.18 Mil. Xuhang Holdings's average Accounts Receivable for the three months ended in Dec. 2023 was $29.51 Mil. Hence, Xuhang Holdings's Receivables Turnover for the three months ended in Dec. 2023 was 0.31.


Xuhang Holdings  (NAS:SUNH) 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.


Xuhang Holdings Receivables Turnover Related Terms


Xuhang Holdings Receivables Turnover Historical Data

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The historical data trend for Xuhang Holdings'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.

Xuhang Holdings Receivables Turnover Chart

Xuhang Holdings Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Receivables Turnover
2.82 3.26 2.19 1.84

Xuhang Holdings Quarterly Data
Dec20 Dec21 Sep22 Dec22 Sep23 Dec23
Receivables Turnover Get a 7-Day Free Trial 1.10 0.00 0.57 0.00 0.31

SUNH vs : Receivables Turnover Comparison

For the Advertising Agencies subindustry, Xuhang Holdings'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.


Xuhang Holdings Receivables Turnover vs Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Xuhang Holdings's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Xuhang Holdings's Receivables Turnover falls into.



Xuhang Holdings Receivables Turnover Calculation

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

Xuhang Holdings's Receivables Turnover for the fiscal year that ended in Dec. 2023 is calculated as

Receivables Turnover (A: Dec. 2023 )
=Revenue / Average Accounts Receivable
=Revenue (A: Dec. 2023 ) / ((Accounts Receivable (A: Dec. 2022 ) + Accounts Receivable (A: Dec. 2023 )) / count )
=58.191 / ((36.288 + 26.885) / 2 )
=58.191 / 31.5865
=1.84

Xuhang Holdings's Receivables Turnover for the quarter that ended in Dec. 2023 is calculated as

Receivables Turnover (Q: Dec. 2023 )
=Revenue / Average Accounts Receivable
=Revenue (Q: Dec. 2023 ) / ((Accounts Receivable (Q: Sep. 2023 ) + Accounts Receivable (Q: Dec. 2023 )) / count )
=9.183 / ((32.131 + 26.885) / 2 )
=9.183 / 29.508
=0.31

* 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.

Frequently Asked Questions Learn more about Receivables Turnover →
What does a Receivables Turnover of 0.31 mean?
Xuhang Holdings (SUNH) has a Receivables Turnover of 0.31 as of Dec. 2023. The accounts 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. View historical data on Xuhang Holdings and its competitors.
Is Xuhang Holdings' Receivables Turnover too high?
Xuhang Holdings' current Receivables Turnover is 0.31. The Media - Diversified industry median Receivables Turnover is 5.34. Xuhang Holdings' value of 0.31 is 94.2% below this industry median.
How does Xuhang Holdings' Receivables Turnover compare to ?
Xuhang Holdings' Receivables Turnover of 0.31 can be compared against companies in the Media - Diversified industry. The industry median Receivables Turnover is 5.34. Xuhang Holdings' value of 0.31 is 94.2% below this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Receivables Turnover for a Media - Diversified company?
The median Receivables Turnover among Media - Diversified companies is 5.34, based on 1,004 companies in the industry. Companies in the top quartile (top 25%) have a Receivables Turnover significantly above this median, while those in the bottom quartile fall well below. However, Receivables Turnover should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Xuhang Holdings's current Receivables Turnover of 0.31 is 94.2% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Receivables Turnover mean?
A high Receivables Turnover can signal that a stock is expensive relative to its fundamentals. The accounts 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. View historical data on Xuhang Holdings and its competitors. For the Media - Diversified industry, the median Receivables Turnover is 5.34 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Xuhang Holdings's current Receivables Turnover is 0.31. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Xuhang Holdings stock overvalued right now?
Xuhang Holdings (SUNH) has a current Receivables Turnover of 0.31. The current Receivables Turnover is 0.31 and 94.2% below the Media - Diversified industry median of 5.34. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Receivables Turnover calculated?
Receivables Turnover is calculated from a company's financial statements. For Xuhang Holdings (SUNH), the current Receivables Turnover is 0.31 as of Dec. 2023. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Xuhang Holdings Business Description

Comparable Companies
Address 198 Shenban Road, Building 2, Shangtanghe 198 Cultural and Creative Park, Gongshu District, Zhejiang Province, Hangzhou, CHN, 310000
Xuhang Holdings Ltd is principally engaged in new media-integrated content marketing services and digital advertising services through its subsidiaries. It offers services such as creative marketing services, online-offline-linkage marketing activity services, live-streaming services and digital product services. Also, Xuhang provides online traffic services to large internet media platforms by generating or directing user traffic to those media platforms through editing and producing captivating short videos.