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Hui Lyu Ecological Technology Groups Co (SZSE:001267) Receivables Turnover : 0.18 (As of Mar. 2024)


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What is Hui Lyu Ecological Technology Groups 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. Hui Lyu Ecological Technology Groups Co's Revenue for the three months ended in Mar. 2024 was ¥99.5 Mil. Hui Lyu Ecological Technology Groups Co's average Accounts Receivable for the three months ended in Mar. 2024 was ¥543.2 Mil. Hence, Hui Lyu Ecological Technology Groups Co's Receivables Turnover for the three months ended in Mar. 2024 was 0.18.


Hui Lyu Ecological Technology Groups Co Receivables Turnover Historical Data

The historical data trend for Hui Lyu Ecological Technology Groups 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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Hui Lyu Ecological Technology Groups Co Receivables Turnover Chart

Hui Lyu Ecological Technology Groups Co Annual Data
Trend Dec11 Dec12 Dec13 Dec14 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.81 2.46 1.83 1.32 1.39

Hui Lyu Ecological Technology Groups 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 0.24 0.36 0.25 0.56 0.18

Competitive Comparison of Hui Lyu Ecological Technology Groups Co's Receivables Turnover

For the Engineering & Construction subindustry, Hui Lyu Ecological Technology Groups 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.


Hui Lyu Ecological Technology Groups Co's Receivables Turnover Distribution in the Construction Industry

For the Construction industry and Industrials sector, Hui Lyu Ecological Technology Groups Co's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Hui Lyu Ecological Technology Groups Co's Receivables Turnover falls into.



Hui Lyu Ecological Technology Groups Co Receivables Turnover Calculation

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

Hui Lyu Ecological Technology Groups 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 )
=684.836 / ((437.485 + 545.072) / 2 )
=684.836 / 491.2785
=1.39

Hui Lyu Ecological Technology Groups 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 )
=99.488 / ((545.072 + 541.281) / 2 )
=99.488 / 543.1765
=0.18

* 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.


Hui Lyu Ecological Technology Groups Co  (SZSE:001267) 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.


Hui Lyu Ecological Technology Groups Co Receivables Turnover Related Terms

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Hui Lyu Ecological Technology Groups Co (SZSE:001267) Business Description

Traded in Other Exchanges
N/A
Address
No. 779-805, Zhongshan Avenue, Jianghan District, Hubei Province, Wuhan, CHN, 430060
Website
Huilv Ecological Technology Group Co Ltd is engaged in the garden engineering construction, garden landscape design and seedling planting and others.
Executives
Jin Xiao Chuan Director
Yan Qi Directors, Directors, and Executives
Liu Bin Directors, executives
Li Xiao Wei Directors, executives
Shi Lei Director
Li Yan Executives

Hui Lyu Ecological Technology Groups Co (SZSE:001267) Headlines

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