Jiangsu Yanghe Distillery Co (SZSE:002304) Receivables Turnover : 1,223.06 (As of Mar. 2025)

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What is Jiangsu Yanghe Distillery 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. Jiangsu Yanghe Distillery Co's Revenue for the three months ended in Mar. 2025 was ¥11,066 Mil. Jiangsu Yanghe Distillery Co's average Accounts Receivable for the three months ended in Mar. 2025 was ¥9 Mil. Hence, Jiangsu Yanghe Distillery Co's Receivables Turnover for the three months ended in Mar. 2025 was 1,223.06.

Jiangsu Yanghe Distillery Co Receivables Turnover Historical Data

The historical data trend for Jiangsu Yanghe Distillery 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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Jiangsu Yanghe Distillery Co Receivables Turnover Chart

Jiangsu Yanghe Distillery Co Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Receivables Turnover

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2,078.31

9,263.72

1,297.88

1,361.20

4,611.35

Jiangsu Yanghe Distillery 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															4,239.67	852.00	641.16	225.36	1,223.06

Competitive Comparison of Jiangsu Yanghe Distillery Co's Receivables Turnover

For the Beverages - Wineries & Distilleries subindustry, Jiangsu Yanghe Distillery 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.

Jiangsu Yanghe Distillery Co's Receivables Turnover Distribution in the Beverages - Alcoholic Industry

For the Beverages - Alcoholic industry and Consumer Defensive sector, Jiangsu Yanghe Distillery Co's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Jiangsu Yanghe Distillery Co's Receivables Turnover falls into.

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Jiangsu Yanghe Distillery Co Receivables Turnover Calculation

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

Jiangsu Yanghe Distillery 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 )
=	28876.297	/ (	(3.529	+	8.995)	/	2 )
=	28876.297	/	6.262
=	4,611.35

Jiangsu Yanghe Distillery 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 )
=	11066.202	/ (	(8.995	+	9.101)	/	2 )
=	11066.202	/	9.048
=	1,223.06

Jiangsu Yanghe Distillery Co (SZSE:002304) 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.

Jiangsu Yanghe Distillery Co Receivables Turnover Related Terms

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Jiangsu Yanghe Distillery Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Beverages - Alcoholic » Jiangsu Yanghe Distillery Co Ltd (SZSE:002304) » Definitions » Receivables Turnover

Traded in Other Exchanges

N/A

Address

No. 118 Middle Avenue, Yanghe Town, Jiangsu Province, Suqian, CHN, 223800

Website

https://www.chinayanghe.com

Jiangsu Yanghe Brewery, founded in 2002, manufactures and markets baijiu (a distilled Chinese liquor) under the Yanghe, Shuanggou, and Sujiu brands. Yanghe's key products include the Blue Classic series, which accounted for about 80% of total sales, such as premium Dream Blue, mid- to high-end Sky Blue, and mass-market Ocean Blue. The company achieved revenue of CNY 33 billion in 2023, with more than half of sales from the non-Jiangsu market, leveraging its more than 8,000 distributors across China.

Executives

Zheng Bu Jun	Executives
Wang Kai	Director
Cong Xue Nian	Directors, Directors, and Executives
Zhou Xin Hu	Directors, executives
Zhu Wei	Executives
Wang Yao	Director
Zhou Wen Qi	Supervisors
Han Feng	Director
Zan Rui Lin	Director
Feng Pan Tai	Supervisors
Chen Tai Qing	Supervisors
Zhu Guang Sheng	Directors, executives
Zan Sheng Da	Director
Gao Xue Fei	Supervisors
Zhang Yu Bai	Directors, executives

Jiangsu Yanghe Distillery Co Headlines

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