Hubei Guangji Pharmaceutical Co (SZSE:000952) Receivables Turnover : 0.87 (As of Mar. 2025)

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What is Hubei Guangji Pharmaceutical 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. Hubei Guangji Pharmaceutical Co's Revenue for the three months ended in Mar. 2025 was ¥148.5 Mil. Hubei Guangji Pharmaceutical Co's average Accounts Receivable for the three months ended in Mar. 2025 was ¥171.2 Mil. Hence, Hubei Guangji Pharmaceutical Co's Receivables Turnover for the three months ended in Mar. 2025 was 0.87.

Hubei Guangji Pharmaceutical Co Receivables Turnover Historical Data

The historical data trend for Hubei Guangji Pharmaceutical 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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Hubei Guangji Pharmaceutical Co Receivables Turnover Chart

Hubei Guangji Pharmaceutical Co Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Receivables Turnover

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6.76

5.47

4.14

3.58

3.33

Hubei Guangji Pharmaceutical 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															0.81	0.51	0.78	0.93	0.87

Competitive Comparison of Hubei Guangji Pharmaceutical Co's Receivables Turnover

For the Drug Manufacturers - General subindustry, Hubei Guangji Pharmaceutical 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.

Hubei Guangji Pharmaceutical Co's Receivables Turnover Distribution in the Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, Hubei Guangji Pharmaceutical Co's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Hubei Guangji Pharmaceutical Co's Receivables Turnover falls into.

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Hubei Guangji Pharmaceutical Co Receivables Turnover Calculation

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

Hubei Guangji Pharmaceutical 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 )
=	638.802	/ (	(209.754	+	174.03)	/	2 )
=	638.802	/	191.892
=	3.33

Hubei Guangji Pharmaceutical 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 )
=	148.488	/ (	(174.03	+	168.274)	/	2 )
=	148.488	/	171.152
=	0.87

Hubei Guangji Pharmaceutical Co (SZSE:000952) 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.

Hubei Guangji Pharmaceutical Co Receivables Turnover Related Terms

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Hubei Guangji Pharmaceutical Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Drug Manufacturers » Hubei Guangji Pharmaceutical Co Ltd (SZSE:000952) » Definitions » Receivables Turnover

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 555, Huaihai West Road, 26th Floor, Xuhui District, Shanghai, CHN, 200030

Website

http://www.guangjipharm.com

Hubei Guangji Pharmaceutical Co Ltd is engaged in the manufacture and sale of raw pharmaceutical products, medicinal feed additives, fine chemicals and preparations in China. Geographically the business activities are carried out through China, however, more than 60 percent of its main products are exported to over 30 countries and regions all over the world.

Executives

Zou Guang Ming	Independent director
Guo Shao Zhi	Executives
Zhang Bin	Director
Guo Wen Chao	Supervisors
Sun Zhen Hua	Director
Liao Qing Jiang	Director
Wang Xin	Directors, executives
Hu Feng Lei	Supervisors
Ruan Zhong Yi	Executives
Zhang Ping	Director

Hubei Guangji Pharmaceutical Co Headlines

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