Guangdong Shenglu Telecommunication Tech Co (SZSE:002446) Receivables Turnover : 0.35 (As of Mar. 2025)

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What is Guangdong Shenglu Telecommunication Tech 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. Guangdong Shenglu Telecommunication Tech Co's Revenue for the three months ended in Mar. 2025 was ¥279 Mil. Guangdong Shenglu Telecommunication Tech Co's average Accounts Receivable for the three months ended in Mar. 2025 was ¥805 Mil. Hence, Guangdong Shenglu Telecommunication Tech Co's Receivables Turnover for the three months ended in Mar. 2025 was 0.35.

Guangdong Shenglu Telecommunication Tech Co Receivables Turnover Historical Data

The historical data trend for Guangdong Shenglu Telecommunication Tech 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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Guangdong Shenglu Telecommunication Tech Co Receivables Turnover Chart

Guangdong Shenglu Telecommunication Tech Co Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Receivables Turnover

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1.99

2.27

2.44

1.66

1.46

Guangdong Shenglu Telecommunication Tech 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															0.39	0.38	0.33	0.31	0.35

Competitive Comparison of Guangdong Shenglu Telecommunication Tech Co's Receivables Turnover

For the Communication Equipment subindustry, Guangdong Shenglu Telecommunication Tech 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.

Guangdong Shenglu Telecommunication Tech Co's Receivables Turnover Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Guangdong Shenglu Telecommunication Tech Co's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Guangdong Shenglu Telecommunication Tech Co's Receivables Turnover falls into.

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Guangdong Shenglu Telecommunication Tech Co Receivables Turnover Calculation

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

Guangdong Shenglu Telecommunication Tech 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 )
=	1081.869	/ (	(705.628	+	775.994)	/	2 )
=	1081.869	/	740.811
=	1.46

Guangdong Shenglu Telecommunication Tech 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 )
=	278.99	/ (	(775.994	+	833.46)	/	2 )
=	278.99	/	804.727
=	0.35

Guangdong Shenglu Telecommunication Tech Co (SZSE:002446) 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.

Guangdong Shenglu Telecommunication Tech Co Receivables Turnover Related Terms

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Guangdong Shenglu Telecommunication Tech Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Guangdong Shenglu Telecommunication Tech Co Ltd (SZSE:002446) » Definitions » Receivables Turnover

Comparable Companies

Traded in Other Exchanges

N/A

Address

No 20 Nanfeng Road, Sanshui District, Foshan City, CHN, 528100

Website

http://www.shenglu.com

Guangdong Shenglu Telecommunication Tech Co Ltd is an antenna manufacturing enterprise in China. Shenglu products include backbone network transmission antenna, a base station antenna, the network covering the fields of antenna, terminal antenna, passive device, active device, car antenna, large TR module, Beidou antenna, and smart vehicle information system.

Executives

Liu Wen Jian	Executives
Yang Hua	Directors, executives
Li Zai Rong	Director
Guo Yi Qin	Directors, executives
He Yong Xing	Director
Yang Zhen Feng	Directors, executives
Sun Xiao Hang	Director
Huang Jin Hui	Supervisors
Ren Qing	Executives
Chu Qing Xin	Director

Guangdong Shenglu Telecommunication Tech Co Headlines

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