Zhejiang Supor Co (SZSE:002032) Receivables Turnover : 1.70 (As of Sep. 2024)

View and export this data going back to 2004. Start your Free Trial

What is Zhejiang Supor 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. Zhejiang Supor Co's Revenue for the three months ended in Sep. 2024 was ¥5,548 Mil. Zhejiang Supor Co's average Accounts Receivable for the three months ended in Sep. 2024 was ¥3,262 Mil. Hence, Zhejiang Supor Co's Receivables Turnover for the three months ended in Sep. 2024 was 1.70.

Zhejiang Supor Co Receivables Turnover Historical Data

The historical data trend for Zhejiang Supor 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.

* Premium members only.

Zhejiang Supor Co Receivables Turnover Chart

Zhejiang Supor Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Receivables Turnover

Get a 7-Day Free Trial

11.27

9.24

8.73

8.69

8.90

Zhejiang Supor Co Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Receivables Turnover	Get a 7-Day Free Trial															2.12	2.09	2.09	2.00	1.70

Competitive Comparison of Zhejiang Supor Co's Receivables Turnover

For the Furnishings, Fixtures & Appliances subindustry, Zhejiang Supor 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.

Zhejiang Supor Co's Receivables Turnover Distribution in the Furnishings, Fixtures & Appliances Industry

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

* The bar in red indicates where Zhejiang Supor Co's Receivables Turnover falls into.

Zhejiang Supor Co Receivables Turnover Calculation

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

Zhejiang Supor 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 )
=	21303.949	/ (	(1926.518	+	2858.247)	/	2 )
=	21303.949	/	2392.3825
=	8.90

Zhejiang Supor Co's Receivables Turnover for the quarter that ended in Sep. 2024 is calculated as

	Receivables Turnover (Q: Sep. 2024 )
=	Revenue	/	Average Total Inventories
=	Revenue (Q: Sep. 2024 )	/ (	(Accounts Receivable (Q: Jun. 2024 )	+	Accounts Receivable (Q: Sep. 2024 ))	/	count )
=	5547.583	/ (	(3279.868	+	3244.886)	/	2 )
=	5547.583	/	3262.377
=	1.70

Zhejiang Supor Co (SZSE:002032) 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.

Zhejiang Supor Co Receivables Turnover Related Terms

Thank you for viewing the detailed overview of Zhejiang Supor Co's Receivables Turnover provided by GuruFocus.com. Please click on the following links to see related term pages.

Zhejiang Supor Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Furnishings, Fixtures & Appliances » Zhejiang Supor Co Ltd (SZSE:002032) » Definitions » Receivables Turnover

Comparable Companies

Traded in Other Exchanges

N/A

Address

15th Floor, Supor Building, No. 1772 Jianghui Road, Hangzhou High-tech Industrial Zone, Zhejiang Province, Hangzhou, CHN, 310051

Website

https://www.supor.com.cn

Supor is one of the largest kitchen electric appliance, cookware, and utensil manufacturers in China, with a business footprint in most Chinese provinces through online and offline channels. In 2007, France-based kitchen appliance producer Groupe SEB acquired 53% of Supor's shares and became its controlling shareholder. Groupe SEB held 82% of Supor's equity interest as of June 2024. Aside from domestic presence, Supor generates about 30% of revenue from North American, Latin American, European, and Asian markets, mainly through Groupe SEB's distribution network.

Executives

Xu Bo	Executives
Su Xian Ze	Director
Ye Ji De	Directors, executives
Su Ming Rui	Executives
Lu Lan Hua	Supervisors
Yan Jue Ming	Supervisors
Wang Feng He	Executives
Zhang Dong Li	Director

Zhejiang Supor Co Headlines

No Headlines