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Zhejiang Juli Culture Development Co (SZSE:002247) Receivables Turnover : 1.08 (As of Sep. 2024)


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What is Zhejiang Juli Culture Development 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 Juli Culture Development Co's Revenue for the three months ended in Sep. 2024 was ¥213.1 Mil. Zhejiang Juli Culture Development Co's average Accounts Receivable for the three months ended in Sep. 2024 was ¥196.8 Mil. Hence, Zhejiang Juli Culture Development Co's Receivables Turnover for the three months ended in Sep. 2024 was 1.08.


Zhejiang Juli Culture Development Co Receivables Turnover Historical Data

The historical data trend for Zhejiang Juli Culture Development 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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Zhejiang Juli Culture Development Co Receivables Turnover Chart

Zhejiang Juli Culture Development Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.70 5.32 14.39 10.72 10.25

Zhejiang Juli Culture Development 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 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 1.14 1.55 1.39 1.23 1.08

Competitive Comparison of Zhejiang Juli Culture Development Co's Receivables Turnover

For the Building Products & Equipment subindustry, Zhejiang Juli Culture Development 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 Juli Culture Development Co's Receivables Turnover Distribution in the Construction Industry

For the Construction industry and Industrials sector, Zhejiang Juli Culture Development Co's Receivables Turnover distribution charts can be found below:

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



Zhejiang Juli Culture Development Co Receivables Turnover Calculation

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

Zhejiang Juli Culture Development 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 )
=946.685 / ((91.112 + 93.556) / 2 )
=946.685 / 92.334
=10.25

Zhejiang Juli Culture Development 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 )
=213.062 / ((190.899 + 202.772) / 2 )
=213.062 / 196.8355
=1.08

* 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.


Zhejiang Juli Culture Development Co  (SZSE:002247) 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 Juli Culture Development Co Receivables Turnover Related Terms

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Zhejiang Juli Culture Development Co Business Description

Traded in Other Exchanges
N/A
Address
1958, Zhejiang Ring Road, Industrial Zone, China Delicate, Lin'an, CHN, 311300
Zhejiang Juli Culture Development Co Ltd, formerly Zhejiang Dilong Culture Development Co Ltd operates in the decorative paper industry. The products of the company include printing decorative paper, impregnated paper, decorative panels which include a metal decorative panel, aluminum coil, and PVC decorative materials.
Executives
Chen Zhi Jian Executives
Wang Xiao Hong Directors, executives
Zhao Jin Long Executives
Lin Hui Chun Director
Tang Fei Tao Executives
Jiang Zu Ming Executives
Jiang Fei Xiong Directors, executives
Mao Li Xin Director
Liu Yu Long Director

Zhejiang Juli Culture Development Co Headlines

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