Hongrun Construction Group Co (SZSE:002062) Receivables Turnover : 0.84 (As of Mar. 2025)

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What is Hongrun Construction 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. Hongrun Construction Group Co's Revenue for the three months ended in Mar. 2025 was ¥1,360 Mil. Hongrun Construction Group Co's average Accounts Receivable for the three months ended in Mar. 2025 was ¥1,622 Mil. Hence, Hongrun Construction Group Co's Receivables Turnover for the three months ended in Mar. 2025 was 0.84.

Hongrun Construction Group Co Receivables Turnover Historical Data

The historical data trend for Hongrun Construction 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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Hongrun Construction Group Co Receivables Turnover Chart

Hongrun Construction Group Co Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Receivables Turnover

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9.31

7.79

5.12

3.56

3.35

Hongrun Construction Group 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															1.17	0.81	0.75	0.89	0.84

Competitive Comparison of Hongrun Construction Group Co's Receivables Turnover

For the Engineering & Construction subindustry, Hongrun Construction 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.

Hongrun Construction Group Co's Receivables Turnover Distribution in the Construction Industry

For the Construction industry and Industrials sector, Hongrun Construction Group Co's Receivables Turnover distribution charts can be found below:

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

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Hongrun Construction Group Co Receivables Turnover Calculation

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

Hongrun Construction Group 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 )
=	5923.09	/ (	(1625.764	+	1906.392)	/	2 )
=	5923.09	/	1766.078
=	3.35

Hongrun Construction Group 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 )
=	1359.807	/ (	(1906.392	+	1337.338)	/	2 )
=	1359.807	/	1621.865
=	0.84

Hongrun Construction Group Co (SZSE:002062) 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.

Hongrun Construction Group Co Receivables Turnover Related Terms

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Hongrun Construction Group Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Hongrun Construction Group Co Ltd (SZSE:002062) » Definitions » Receivables Turnover

Traded in Other Exchanges

N/A

Address

No. 28 Longcao Road, Lane 200, Hongrun Builing, Xuhui District, Shanghai, CHN, 200235

Website

http://www.chinahongrun.com

Hongrun Construction Group Co Ltd is a company principally engaged in construction activities. It undertakes the construction of municipal roads and bridges, rail transit, underground space (underground integrated pipe gallery), housing construction, ecological and environmental protection projects, real estate development, infrastructure project investment and construction, and solar industry investment.

Executives

Zheng Hong Fang	Director
He Xiu Yong	Directors, executives
Yin Fang Da	Director
Zheng En Hai	Director
Yan Bang Ji	Supervisors
Shi Jia Lai	Supervisors
Li Jian Tong	Director
Shen Gong Hao	Supervisors
Li Wei Wu	Supervisors
Mao Zhen Yong	Supervisors
Gu Min Chun	Director
Zhao Yu Fu	Executives

Hongrun Construction Group Co Headlines

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