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Shenzhen MTC Co (SZSE:002429) Receivables Turnover : 0.84 (As of Mar. 2025)


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What is Shenzhen MTC 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. Shenzhen MTC Co's Revenue for the three months ended in Mar. 2025 was ¥3,723 Mil. Shenzhen MTC Co's average Accounts Receivable for the three months ended in Mar. 2025 was ¥4,413 Mil. Hence, Shenzhen MTC Co's Receivables Turnover for the three months ended in Mar. 2025 was 0.84.


Shenzhen MTC Co Receivables Turnover Historical Data

The historical data trend for Shenzhen MTC 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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Shenzhen MTC Co Receivables Turnover Chart

Shenzhen MTC Co Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.50 4.18 3.16 3.93 4.21

Shenzhen MTC 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 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 0.93 1.09 1.06 0.70 0.84

Competitive Comparison of Shenzhen MTC Co's Receivables Turnover

For the Electronic Components subindustry, Shenzhen MTC 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.


Shenzhen MTC Co's Receivables Turnover Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Shenzhen MTC Co's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Shenzhen MTC Co's Receivables Turnover falls into.


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Shenzhen MTC Co Receivables Turnover Calculation

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

Shenzhen MTC 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 )
=20326.296 / ((4638.207 + 5016.117) / 2 )
=20326.296 / 4827.162
=4.21

Shenzhen MTC 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 )
=3723.109 / ((5016.117 + 3809.195) / 2 )
=3723.109 / 4412.656
=0.84

* 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.


Shenzhen MTC Co  (SZSE:002429) 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.


Shenzhen MTC Co Receivables Turnover Related Terms

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Shenzhen MTC Co Business Description

Traded in Other Exchanges
N/A
Address
Pengzhou Industrial Zone, Fuyong Street, Futian District, Shenzhen, Guangdong, CHN, 518103
Shenzhen MTC Co Ltd is a China-based company that manufactures and designs LCD TVs, set-top boxes, LED components and components, network communications terminals and internet entertainment products.
Executives
Luo Tao Supervisors
Qi Ling Yan Executives
Liu Ze Xi Supervisors
Kang Jian Directors, executives
Zhou Can Directors, executives
Quan Jin Song Directors, executives
Deng Wei Ming Independent director
Gu Wei Director
Yao Xiang Rong Directors, executives
Ou Jun Executives

Shenzhen MTC Co Headlines

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