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FS Development Investment Holdings (SZSE:300071) Receivables Turnover : 0.39 (As of Mar. 2024)


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What is FS Development Investment Holdings 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. FS Development Investment Holdings's Revenue for the three months ended in Mar. 2024 was ¥363 Mil. FS Development Investment Holdings's average Accounts Receivable for the three months ended in Mar. 2024 was ¥926 Mil. Hence, FS Development Investment Holdings's Receivables Turnover for the three months ended in Mar. 2024 was 0.39.


FS Development Investment Holdings Receivables Turnover Historical Data

The historical data trend for FS Development Investment Holdings'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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FS Development Investment Holdings Receivables Turnover Chart

FS Development Investment Holdings Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.83 1.32 1.56 1.61 1.60

FS Development Investment Holdings Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 0.30 0.47 0.41 0.48 0.39

Competitive Comparison of FS Development Investment Holdings's Receivables Turnover

For the Advertising Agencies subindustry, FS Development Investment Holdings'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.


FS Development Investment Holdings's Receivables Turnover Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, FS Development Investment Holdings's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where FS Development Investment Holdings's Receivables Turnover falls into.



FS Development Investment Holdings Receivables Turnover Calculation

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

FS Development Investment Holdings's Receivables Turnover for the fiscal year that ended in Dec. 2023 is calculated as

Receivables Turnover (A: Dec. 2023 )
=Revenue / Average Total Inventories
=Revenue (A: Dec. 2023 ) / ((Accounts Receivable (A: Dec. 2022 ) + Accounts Receivable (A: Dec. 2023 )) / count )
=1379.722 / ((837.181 + 891.63) / 2 )
=1379.722 / 864.4055
=1.60

FS Development Investment Holdings's Receivables Turnover for the quarter that ended in Mar. 2024 is calculated as

Receivables Turnover (Q: Mar. 2024 )
=Revenue / Average Total Inventories
=Revenue (Q: Mar. 2024 ) / ((Accounts Receivable (Q: Dec. 2023 ) + Accounts Receivable (Q: Mar. 2024 )) / count )
=363.053 / ((891.63 + 959.506) / 2 )
=363.053 / 925.568
=0.39

* 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.


FS Development Investment Holdings  (SZSE:300071) 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.


FS Development Investment Holdings Receivables Turnover Related Terms

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FS Development Investment Holdings (SZSE:300071) Business Description

Traded in Other Exchanges
N/A
Address
Yard 30, Shixing Street, Room 512, Building 8, Shijingshan District, Beijing, CHN, 100005
FS Development Investment Holdings formerly Spearhead Integrated Marketing Communication Group is an offline marketing service provider. It is engaged in public relations advertising, digital marketing, content marketing, big data marketing.
Executives
Chen Yong Liang Directors, executives
Li Ling Bo Executives
Chen Zhong Hua Director
Xie Tao Supervisors

FS Development Investment Holdings (SZSE:300071) Headlines

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