Shenzhen Jingquanhua Electronics Co (SZSE:002885) Receivables Turnover : 0.73 (As of Mar. 2025)

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What is Shenzhen Jingquanhua Electronics 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 Jingquanhua Electronics Co's Revenue for the three months ended in Mar. 2025 was ¥793 Mil. Shenzhen Jingquanhua Electronics Co's average Accounts Receivable for the three months ended in Mar. 2025 was ¥1,087 Mil. Hence, Shenzhen Jingquanhua Electronics Co's Receivables Turnover for the three months ended in Mar. 2025 was 0.73.

Shenzhen Jingquanhua Electronics Co Receivables Turnover Historical Data

The historical data trend for Shenzhen Jingquanhua Electronics 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 Jingquanhua Electronics Co Receivables Turnover Chart

Shenzhen Jingquanhua Electronics Co Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Receivables Turnover

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3.23

3.58

3.31

3.12

3.22

Shenzhen Jingquanhua Electronics 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															0.79	0.96	0.88	0.89	0.73

Competitive Comparison of Shenzhen Jingquanhua Electronics Co's Receivables Turnover

For the Electronic Components subindustry, Shenzhen Jingquanhua Electronics 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 Jingquanhua Electronics Co's Receivables Turnover Distribution in the Hardware Industry

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

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

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Shenzhen Jingquanhua Electronics Co Receivables Turnover Calculation

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

Shenzhen Jingquanhua Electronics 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 )
=	3011.54	/ (	(744.499	+	1124.802)	/	2 )
=	3011.54	/	934.6505
=	3.22

Shenzhen Jingquanhua Electronics 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 )
=	793.117	/ (	(1124.802	+	1049.823)	/	2 )
=	793.117	/	1087.3125
=	0.73

Shenzhen Jingquanhua Electronics Co (SZSE:002885) 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 Jingquanhua Electronics Co Receivables Turnover Related Terms

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Shenzhen Jingquanhua Electronics Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Shenzhen Jingquanhua Electronics Co Ltd (SZSE:002885) » Definitions » Receivables Turnover

Comparable Companies

Traded in Other Exchanges

N/A

Address

Pingqaio Road, Pingdi Street, No. 10, Jingquanhua Technology Industrial Park, Longgang District, Shenzhen, CHN, 518117

Website

http://www.everrise.net

Shenzhen Jingquanhua Electronics Co Ltd focuses on the electronics manufacturing industry. It is engaged in the research and development, production, sales and service of magnetic integrated devices and power products. The company's magnetic device products are divided into different categories based on power and size and include; special transformers and magnetic devices which include products like inverters, high frequency inductors, special reactors, potted inductors, high frequency transformers, inductors, filters, and other series. Its power product offerings can be divided into power adapters, chargers, and customized power supplies.

Executives

Li Zhan Gong	Directors, executives
Ju Wan Jin	Directors, executives
Wang Zhao Hua	Directors, executives
Zhang Li Pin	Director
He Shi Ping	Supervisors
Xie Guang Yuan	Supervisors
Zhang Li Yang	Director
Cheng Yang	Director
Gao An Min	Executives
Dou Xiao Yue	Executives
Lv Xiao Rong	Supervisors

Shenzhen Jingquanhua Electronics Co Headlines

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