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Xinjiang Western Animal Husbandry Co (SZSE:300106) Receivables Turnover : 0.92 (As of Jun. 2024)


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What is Xinjiang Western Animal Husbandry 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. Xinjiang Western Animal Husbandry Co's Revenue for the three months ended in Jun. 2024 was ¥216 Mil. Xinjiang Western Animal Husbandry Co's average Accounts Receivable for the three months ended in Jun. 2024 was ¥234 Mil. Hence, Xinjiang Western Animal Husbandry Co's Receivables Turnover for the three months ended in Jun. 2024 was 0.92.


Xinjiang Western Animal Husbandry Co Receivables Turnover Historical Data

The historical data trend for Xinjiang Western Animal Husbandry 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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Xinjiang Western Animal Husbandry Co Receivables Turnover Chart

Xinjiang Western Animal Husbandry Co 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 8.24 10.99 16.94 16.41 7.67

Xinjiang Western Animal Husbandry Co Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
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 1.98 1.62 1.16 1.06 0.92

Competitive Comparison of Xinjiang Western Animal Husbandry Co's Receivables Turnover

For the Farm Products subindustry, Xinjiang Western Animal Husbandry 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.


Xinjiang Western Animal Husbandry Co's Receivables Turnover Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Xinjiang Western Animal Husbandry Co's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Xinjiang Western Animal Husbandry Co's Receivables Turnover falls into.



Xinjiang Western Animal Husbandry Co Receivables Turnover Calculation

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

Xinjiang Western Animal Husbandry Co'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 )
=1122.903 / ((84.241 + 208.652) / 2 )
=1122.903 / 146.4465
=7.67

Xinjiang Western Animal Husbandry Co's Receivables Turnover for the quarter that ended in Jun. 2024 is calculated as

Receivables Turnover (Q: Jun. 2024 )
=Revenue / Average Total Inventories
=Revenue (Q: Jun. 2024 ) / ((Accounts Receivable (Q: Mar. 2024 ) + Accounts Receivable (Q: Jun. 2024 )) / count )
=216.003 / ((236.361 + 231.311) / 2 )
=216.003 / 233.836
=0.92

* 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.


Xinjiang Western Animal Husbandry Co  (SZSE:300106) 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.


Xinjiang Western Animal Husbandry Co Receivables Turnover Related Terms

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Xinjiang Western Animal Husbandry Co Business Description

Traded in Other Exchanges
N/A
Address
5-2 West Quad No., Shihezi City, CHN
Xinjiang Western Animal Husbandry Co Ltd is engaged in the production of dairy products. The products of the company include dairy products which include garden dairy products, meat products which include lamb gift box and beef gift box, grease products, and healthcare.
Executives
Chen Cui Lian Director
Chen Jian Fang Executives
Chen Guang Pu Directors, executives
Yang Wen Bo Directors, executives
Chen Jiong Ren Director
Tang Cheng Supervisors
Wu Xiao Jun Director
Wu Wen Shou Director
Wu Wen Jun Supervisors

Xinjiang Western Animal Husbandry Co Headlines

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