GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » Ji Yao Holding Group Co Ltd (SZSE:300108) » Definitions » Receivables Turnover

Ji Yao Holding Group Co (SZSE:300108) Receivables Turnover : 0.73 (As of Sep. 2024)


View and export this data going back to 2010. Start your Free Trial

What is Ji Yao Holding Group 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. Ji Yao Holding Group Co's Revenue for the three months ended in Sep. 2024 was ¥87.7 Mil. Ji Yao Holding Group Co's average Accounts Receivable for the three months ended in Sep. 2024 was ¥119.6 Mil. Hence, Ji Yao Holding Group Co's Receivables Turnover for the three months ended in Sep. 2024 was 0.73.


Ji Yao Holding Group Co Receivables Turnover Historical Data

The historical data trend for Ji Yao Holding Group 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.

* Premium members only.

Ji Yao Holding Group Co Receivables Turnover Chart

Ji Yao Holding Group 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 1.75 1.40 2.35 2.48 2.27

Ji Yao Holding Group Co Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 0.59 0.81 0.54 0.70 0.73

Competitive Comparison of Ji Yao Holding Group Co's Receivables Turnover

For the Pharmaceutical Retailers subindustry, Ji Yao Holding Group 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.


Ji Yao Holding Group Co's Receivables Turnover Distribution in the Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, Ji Yao Holding Group Co's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Ji Yao Holding Group Co's Receivables Turnover falls into.



Ji Yao Holding Group Co Receivables Turnover Calculation

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

Ji Yao Holding Group 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 )
=346.107 / ((167.898 + 137.148) / 2 )
=346.107 / 152.523
=2.27

Ji Yao Holding Group Co's Receivables Turnover for the quarter that ended in Sep. 2024 is calculated as

Receivables Turnover (Q: Sep. 2024 )
=Revenue / Average Total Inventories
=Revenue (Q: Sep. 2024 ) / ((Accounts Receivable (Q: Jun. 2024 ) + Accounts Receivable (Q: Sep. 2024 )) / count )
=87.655 / ((119.223 + 120.029) / 2 )
=87.655 / 119.626
=0.73

* 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.


Ji Yao Holding Group Co  (SZSE:300108) 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.


Ji Yao Holding Group Co Receivables Turnover Related Terms

Thank you for viewing the detailed overview of Ji Yao Holding Group Co's Receivables Turnover provided by GuruFocus.com. Please click on the following links to see related term pages.


Ji Yao Holding Group Co Business Description

Traded in Other Exchanges
N/A
Address
No. 6, Huancheng North Road, Jilin Province, Meihekou, CHN, 135000
Ji Yao Holding Group Co Ltd is a China based company involved in the pharmaceutical industry. It offers Chinese and Western medicines in the areas of pediatrics, phlegm and cough, gynecology, cardiovascular and cerebrovascular, antiviral, urinary, anti-inflammatory, gastrointestinal, tonic class, and rheumatoid immunity.
Executives
Dan Bao Hai Director
Ren Wen An Supervisors
Zhang Li Yun Supervisors
You Ke Li Executives
Xin Da Cheng Executives
Lu Zhong Kui Director
Liu Long Executives
Wang De Heng Directors, executives
Zhang Liang Directors, Directors, and Executives
Sun Jun Directors, executives
Zhang Xin Qiang Director

Ji Yao Holding Group Co Headlines

No Headlines