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Tianjin Jinbin Development Co (SZSE:000897) Receivables Turnover : 3.33 (As of Mar. 2025)


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What is Tianjin Jinbin Development 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. Tianjin Jinbin Development Co's Revenue for the three months ended in Mar. 2025 was ¥142 Mil. Tianjin Jinbin Development Co's average Accounts Receivable for the three months ended in Mar. 2025 was ¥43 Mil. Hence, Tianjin Jinbin Development Co's Receivables Turnover for the three months ended in Mar. 2025 was 3.33.


Tianjin Jinbin Development Co Receivables Turnover Historical Data

The historical data trend for Tianjin Jinbin Development 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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Tianjin Jinbin Development Co Receivables Turnover Chart

Tianjin Jinbin Development Co Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 25.36 31.97 22.88 55.91 62.06

Tianjin Jinbin Development 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 20.20 5.86 5.33 24.76 3.33

Competitive Comparison of Tianjin Jinbin Development Co's Receivables Turnover

For the Real Estate - Development subindustry, Tianjin Jinbin Development 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.


Tianjin Jinbin Development Co's Receivables Turnover Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Tianjin Jinbin Development Co's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Tianjin Jinbin Development Co's Receivables Turnover falls into.


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Tianjin Jinbin Development Co Receivables Turnover Calculation

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

Tianjin Jinbin Development 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 )
=2831.033 / ((50.663 + 40.578) / 2 )
=2831.033 / 45.6205
=62.06

Tianjin Jinbin Development 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 )
=141.794 / ((40.578 + 44.554) / 2 )
=141.794 / 42.566
=3.33

* 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.


Tianjin Jinbin Development Co  (SZSE:000897) 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.


Tianjin Jinbin Development Co Receivables Turnover Related Terms

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Tianjin Jinbin Development Co Business Description

Traded in Other Exchanges
N/A
Address
No. 2 Mingyuan Road, No. 5, Villa B2, Development Zone, Tianjin, CHN, 300457
Tianjin Jinbin Development Co Ltd is primarily engaged in the property development and distribution, and house leasing businesses in China.
Executives
Liu Zhe Supervisors
Xu Li Fan Director
He Ning Executives
Wu Gang Executives
Jiang Lian Guo Directors, executives
Song Zhang Yu Executives
Cao Rong Executives
Li Ming Guo Executives, directors
Ju Guo Zhong Executives
Zhao Ying Executives
Luo Zhi Yang Director

Tianjin Jinbin Development Co Headlines

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