Elec-tech International Co (SZSE:002005) Receivables Turnover : 0.97 (As of Mar. 2025)

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What is Elec-tech International 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. Elec-tech International Co's Revenue for the three months ended in Mar. 2025 was ¥150.2 Mil. Elec-tech International Co's average Accounts Receivable for the three months ended in Mar. 2025 was ¥154.3 Mil. Hence, Elec-tech International Co's Receivables Turnover for the three months ended in Mar. 2025 was 0.97.

Elec-tech International Co Receivables Turnover Historical Data

The historical data trend for Elec-tech International 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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Elec-tech International Co Receivables Turnover Chart

Elec-tech International Co Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Receivables Turnover

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3.94

4.61

4.12

4.65

4.34

Elec-tech International 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															1.01	1.11	1.07	1.01	0.97

Competitive Comparison of Elec-tech International Co's Receivables Turnover

For the Furnishings, Fixtures & Appliances subindustry, Elec-tech International 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.

Elec-tech International Co's Receivables Turnover Distribution in the Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Elec-tech International Co's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Elec-tech International Co's Receivables Turnover falls into.

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Elec-tech International Co Receivables Turnover Calculation

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

Elec-tech International 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 )
=	737.363	/ (	(167.75	+	172.387)	/	2 )
=	737.363	/	170.0685
=	4.34

Elec-tech International 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 )
=	150.197	/ (	(172.387	+	136.251)	/	2 )
=	150.197	/	154.319
=	0.97

Elec-tech International Co (SZSE:002005) 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.

Elec-tech International Co Receivables Turnover Related Terms

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Elec-tech International Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Furnishings, Fixtures & Appliances » Elec-tech International Co Ltd (SZSE:002005) » Definitions » Receivables Turnover

Traded in Other Exchanges

N/A

Address

No. 1 Jinfeng Road, Tangjiawan Town, Xiangzhou District, Guangdong Province, Zhuhai, CHN, 519085

Website

http://www.electech.com.cn

Elec-tech International Co Ltd is mainly engaged in research, development, manufacture, and sales of small household electrical appliances and LED products. It offers small appliances and LED related products such as LED illumination, LED display, LED part and LED chip under the ETi brand.

Executives

Ji Xue Bin	Directors, executives
Li Ting Hong	Supervisors
Yang Hong	Supervisors
Deng Fei	Directors, executives
Zhang Gang	Executives
Yang Yan	Director
Hu Zhang Shun	Director
Cui Hai Long	Director

Elec-tech International Co Headlines

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