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China Calxon Group Co (SZSE:000918) Receivables Turnover : 8.86 (As of Mar. 2023)


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What is China Calxon Group 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 Calxon Group Co's Revenue for the three months ended in Mar. 2023 was ¥219 Mil. China Calxon Group Co's average Accounts Receivable for the three months ended in Mar. 2023 was ¥25 Mil. Hence, China Calxon Group Co's Receivables Turnover for the three months ended in Mar. 2023 was 8.86.


China Calxon Group Co Receivables Turnover Historical Data

The historical data trend for China Calxon Group 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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China Calxon Group Co Receivables Turnover Chart

China Calxon Group Co Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 16.80 17.91 8.67 16.82 48.17

China Calxon Group Co Quarterly Data
Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23
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 10.99 6.39 19.15 18.14 8.86

Competitive Comparison of China Calxon Group Co's Receivables Turnover

For the Real Estate - Development subindustry, China Calxon Group 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 Calxon Group Co's Receivables Turnover Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, China Calxon Group Co's Receivables Turnover distribution charts can be found below:

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



China Calxon Group Co Receivables Turnover Calculation

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

China Calxon Group Co's Receivables Turnover for the fiscal year that ended in Dec. 2022 is calculated as

Receivables Turnover (A: Dec. 2022 )
=Revenue / Average Total Inventories
=Revenue (A: Dec. 2022 ) / ((Accounts Receivable (A: Dec. 2021 ) + Accounts Receivable (A: Dec. 2022 )) / count )
=1451.065 / ((25.719 + 34.533) / 2 )
=1451.065 / 30.126
=48.17

China Calxon Group Co's Receivables Turnover for the quarter that ended in Mar. 2023 is calculated as

Receivables Turnover (Q: Mar. 2023 )
=Revenue / Average Total Inventories
=Revenue (Q: Mar. 2023 ) / ((Accounts Receivable (Q: Dec. 2022 ) + Accounts Receivable (Q: Mar. 2023 )) / count )
=218.537 / ((34.533 + 14.801) / 2 )
=218.537 / 24.667
=8.86

* 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 Calxon Group Co  (SZSE:000918) 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 Calxon Group Co Receivables Turnover Related Terms

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China Calxon Group Co (SZSE:000918) Business Description

Traded in Other Exchanges
N/A
Address
No. 536, Hongqiao Road, Xuhui District, Jiakai City Group, Shanghai, CHN
China Calxon Group Co Ltd is a real estate development and commercial asset management company. It is engaged in developing urban commercial projects in Jiangsu, Zhejiang, and Shanghai. Company broadly divide its real estate development into residential. living room and property management. Companies project includes Wuxi property, Huzhou Property, Chongqing property and other.
Executives
Zhou Zhao Yong Executives
Wang Zhen Guo Executives
Geng Xiao Zhen Supervisors
Wu Dong Ming Director
Jiang Rong Executives
Zhu Li Ping Executives
Zhang Yu Executives
Chen Hao Directors, executives

China Calxon Group Co (SZSE:000918) Headlines

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