Yantai Dongcheng Biochemicals Co (SZSE:002675) Receivables Turnover : 0.75 (As of Mar. 2025)

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What is Yantai Dongcheng Biochemicals 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. Yantai Dongcheng Biochemicals Co's Revenue for the three months ended in Mar. 2025 was ¥687 Mil. Yantai Dongcheng Biochemicals Co's average Accounts Receivable for the three months ended in Mar. 2025 was ¥921 Mil. Hence, Yantai Dongcheng Biochemicals Co's Receivables Turnover for the three months ended in Mar. 2025 was 0.75.

Yantai Dongcheng Biochemicals Co Receivables Turnover Historical Data

The historical data trend for Yantai Dongcheng Biochemicals 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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Yantai Dongcheng Biochemicals Co Receivables Turnover Chart

Yantai Dongcheng Biochemicals Co Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Receivables Turnover

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3.50

4.28

4.17

4.02

3.41

Yantai Dongcheng Biochemicals 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															0.82	0.90	0.81	0.77	0.75

Competitive Comparison of Yantai Dongcheng Biochemicals Co's Receivables Turnover

For the Drug Manufacturers - Specialty & Generic subindustry, Yantai Dongcheng Biochemicals 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.

Yantai Dongcheng Biochemicals Co's Receivables Turnover Distribution in the Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, Yantai Dongcheng Biochemicals Co's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Yantai Dongcheng Biochemicals Co's Receivables Turnover falls into.

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Yantai Dongcheng Biochemicals Co Receivables Turnover Calculation

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

Yantai Dongcheng Biochemicals 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 )
=	2868.937	/ (	(769.889	+	912.413)	/	2 )
=	2868.937	/	841.151
=	3.41

Yantai Dongcheng Biochemicals 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 )
=	686.928	/ (	(912.413	+	930.302)	/	2 )
=	686.928	/	921.3575
=	0.75

Yantai Dongcheng Biochemicals Co (SZSE:002675) 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.

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Yantai Dongcheng Biochemicals Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Drug Manufacturers » Yantai Dongcheng Biochemicals Co Ltd (SZSE:002675) » Definitions » Receivables Turnover

Traded in Other Exchanges

N/A

Address

No. 7 ChangBaishan Road, Yan Tai Development Zone, ShanDong, CHN, 264006

Website

http://www.dcb-group.com

Yantai Dongcheng Biochemicals Co Ltd is a biochemical analytical profile index (API) manufacturers in China. In addition, the company also focuses on the development of finished preparation which covers the therapeutic area of cardiovascular, oncology, orthopedics, and anti-infection. Its product offering includes heparin sodium, chondroitin sulfate, marine collagen, hyaluronic acid, glucosamine, heparinoids, and cytochrome C. The company's API products have been exported to more than fifty countries and regions, including the United States of America, Germany, Austria, and Japan.

Executives

Xin Hong Bo	Directors, executives
Luo Zhi Gang	Executives
You Shou Yi	Directors, executives
Lv Chun Xiang	Supervisors
Sun Hong Tao	Supervisors
Yi Qiong	Executives
Yang Zhen Qiu	Executives
Bai Xing Hua	Directors, executives
Song Zhao Long	Supervisors
Wen Lei	Director
Zhu Chun Ping	Executives
Qi Dong Qi	Directors, executives
Liu Xiao Jie	Securities Affairs Representative
Wang En Zheng	Independent director
Shi Tao	Supervisors

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