GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Shenzhen Huakong Seg Co Ltd (SZSE:000068) » Definitions » Receivables Turnover

Shenzhen Huakong Seg Co (SZSE:000068) Receivables Turnover : 0.54 (As of Mar. 2024)


View and export this data going back to 1997. Start your Free Trial

What is Shenzhen Huakong Seg 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. Shenzhen Huakong Seg Co's Revenue for the three months ended in Mar. 2024 was ¥163.5 Mil. Shenzhen Huakong Seg Co's average Accounts Receivable for the three months ended in Mar. 2024 was ¥303.3 Mil. Hence, Shenzhen Huakong Seg Co's Receivables Turnover for the three months ended in Mar. 2024 was 0.54.


Shenzhen Huakong Seg Co Receivables Turnover Historical Data

The historical data trend for Shenzhen Huakong Seg 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.

Shenzhen Huakong Seg Co Receivables Turnover Chart

Shenzhen Huakong Seg 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 1.13 1.26 2.98 2.17 2.26

Shenzhen Huakong Seg Co Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 0.21 0.48 0.57 0.77 0.54

Competitive Comparison of Shenzhen Huakong Seg Co's Receivables Turnover

For the Electronic Components subindustry, Shenzhen Huakong Seg 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.


Shenzhen Huakong Seg Co's Receivables Turnover Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Shenzhen Huakong Seg Co's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Shenzhen Huakong Seg Co's Receivables Turnover falls into.



Shenzhen Huakong Seg Co Receivables Turnover Calculation

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

Shenzhen Huakong Seg 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 )
=921.172 / ((554.584 + 260.975) / 2 )
=921.172 / 407.7795
=2.26

Shenzhen Huakong Seg Co's Receivables Turnover for the quarter that ended in Mar. 2024 is calculated as

Receivables Turnover (Q: Mar. 2024 )
=Revenue / Average Total Inventories
=Revenue (Q: Mar. 2024 ) / ((Accounts Receivable (Q: Dec. 2023 ) + Accounts Receivable (Q: Mar. 2024 )) / count )
=163.538 / ((260.975 + 345.643) / 2 )
=163.538 / 303.309
=0.54

* 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.


Shenzhen Huakong Seg Co  (SZSE:000068) 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.


Shenzhen Huakong Seg Co Receivables Turnover Related Terms

Thank you for viewing the detailed overview of Shenzhen Huakong Seg Co's Receivables Turnover provided by GuruFocus.com. Please click on the following links to see related term pages.


Shenzhen Huakong Seg Co (SZSE:000068) Business Description

Traded in Other Exchanges
N/A
Address
Huaqiang North Road, 31st Floor, Block A, Stars Plaza, Futian District, Shenzhen, CHN, 518028
Shenzhen Huakong Seg Co Ltd is engaged in a computer, communications, and other electronic equipment manufacturing.
Executives
Du Yu Executives
Huang Hong Fang Executives
Wang Ke Fu Executives

Shenzhen Huakong Seg Co (SZSE:000068) Headlines

No Headlines