NanJi E-Commerce Co (SZSE:002127) Receivables Turnover : 1.28 (As of Mar. 2024)

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What is NanJi E-Commerce 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. NanJi E-Commerce Co's Revenue for the three months ended in Mar. 2024 was ¥715 Mil. NanJi E-Commerce Co's average Accounts Receivable for the three months ended in Mar. 2024 was ¥558 Mil. Hence, NanJi E-Commerce Co's Receivables Turnover for the three months ended in Mar. 2024 was 1.28.

NanJi E-Commerce Co Receivables Turnover Historical Data

The historical data trend for NanJi E-Commerce 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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NanJi E-Commerce Co Receivables Turnover Chart

NanJi E-Commerce Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Receivables Turnover

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5.16

4.35

3.80

4.34

5.45

NanJi E-Commerce 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															0.86	0.85	0.89	1.01	1.28

Competitive Comparison of NanJi E-Commerce Co's Receivables Turnover

For the Internet Content & Information subindustry, NanJi E-Commerce 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.

NanJi E-Commerce Co's Receivables Turnover Distribution in the Interactive Media Industry

For the Interactive Media industry and Communication Services sector, NanJi E-Commerce Co's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where NanJi E-Commerce Co's Receivables Turnover falls into.

NanJi E-Commerce Co Receivables Turnover Calculation

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

NanJi E-Commerce 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 )
=	2692.225	/ (	(606.952	+	380.386)	/	2 )
=	2692.225	/	493.669
=	5.45

NanJi E-Commerce 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 )
=	714.6	/ (	(380.386	+	735.026)	/	2 )
=	714.6	/	557.706
=	1.28

NanJi E-Commerce Co (SZSE:002127) 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.

NanJi E-Commerce Co Receivables Turnover Related Terms

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NanJi E-Commerce Co (SZSE:002127) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Interactive Media » NanJi E-Commerce Co Ltd (SZSE:002127) » Definitions » Receivables Turnover

Comparable Companies

Traded in Other Exchanges

N/A

Address

No.99 Jiangwancheng Road, 7th Floor - 10th Floor, Building 3, The Springs Center, Yangpu District, Shanghai, CHN, 200438

Website

http://www.nanjids.com

NanJi E-Commerce Co Ltd is a marketing and advertising company. Its main business is brand integrated services, dealer brand authorization services, mobile Internet marketing business, and other businesses. It is also engaged in the e-commerce channels to build consumer goods giant with brand authorization and industry chain service. Its categories include bedding, menswear, womenswear, childrenswear, maternal and infant, healthy life, etc. The company operates in two segments that are NJBU business and NJBU business and Timelink business. The majority of the revenue is generated from the Timelink business which is engaged in the Internet advertising business. All of its revenue is generated from China.

Executives

Hu Xiang Huai	Supervisors
Liu Rui	Director
Lu Li Ning	Supervisors
Zhang Yu Xiang	Directors, executives
Sun Xiao Hua	Director
Jiang Xue Ming	Director
Liu Wei Te	Director
Ren Jun	Executives
Li Ke Jia	Directors, executives
Yao Xiao Min	Director

NanJi E-Commerce Co (SZSE:002127) Headlines

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