Tianjin Jingwei Huikai Optoelectronic Co (SZSE:300120) Receivables Turnover : 0.78 (As of Mar. 2025)

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What is Tianjin Jingwei Huikai Optoelectronic 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. Tianjin Jingwei Huikai Optoelectronic Co's Revenue for the three months ended in Mar. 2025 was ¥587 Mil. Tianjin Jingwei Huikai Optoelectronic Co's average Accounts Receivable for the three months ended in Mar. 2025 was ¥751 Mil. Hence, Tianjin Jingwei Huikai Optoelectronic Co's Receivables Turnover for the three months ended in Mar. 2025 was 0.78.

Tianjin Jingwei Huikai Optoelectronic Co Receivables Turnover Historical Data

The historical data trend for Tianjin Jingwei Huikai Optoelectronic 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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Tianjin Jingwei Huikai Optoelectronic Co Receivables Turnover Chart

Tianjin Jingwei Huikai Optoelectronic Co Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Receivables Turnover

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4.50

4.31

3.79

5.13

4.78

Tianjin Jingwei Huikai Optoelectronic 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															1.12	1.20	1.40	0.88	0.78

Competitive Comparison of Tianjin Jingwei Huikai Optoelectronic Co's Receivables Turnover

For the Electrical Equipment & Parts subindustry, Tianjin Jingwei Huikai Optoelectronic 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.

Tianjin Jingwei Huikai Optoelectronic Co's Receivables Turnover Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Tianjin Jingwei Huikai Optoelectronic Co's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Tianjin Jingwei Huikai Optoelectronic Co's Receivables Turnover falls into.

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Tianjin Jingwei Huikai Optoelectronic Co Receivables Turnover Calculation

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

Tianjin Jingwei Huikai Optoelectronic 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 )
=	3261.054	/ (	(678.8	+	686.876)	/	2 )
=	3261.054	/	682.838
=	4.78

Tianjin Jingwei Huikai Optoelectronic 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 )
=	587.316	/ (	(686.876	+	815.11)	/	2 )
=	587.316	/	750.993
=	0.78

Tianjin Jingwei Huikai Optoelectronic Co (SZSE:300120) 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.

Tianjin Jingwei Huikai Optoelectronic Co Receivables Turnover Related Terms

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Tianjin Jingwei Huikai Optoelectronic Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Tianjin Jingwei Huikai Optoelectronic Co Ltd (SZSE:300120) » Definitions » Receivables Turnover

Traded in Other Exchanges

N/A

Address

12 Wanggang Road, Tianjin, CHN, 300350

Website

http://www.jwdc.cn

Tianjin Jingwei Huikai Optoelectronic Co Ltd is a China-based company engages in the research and development, manufacture, and sale of electromagnetic wire products. It provides aluminum magnet, enameled round copper, enameled rectangular copper/aluminum, film wrapped, glass-fiber wrapped, paper covered, twist aluminum, combined, and continuous transposed conductor wires.

Executives

Dong Shu Lin	Director
Jiang Hai Qing	Directors, executives
Zhang Guo Xiang	Directors, executives
Lv Jing Kun	Director
Zhang Qiu Feng	Directors, Directors, and Executives
Huang Yue Jun	Securities Affairs Representative
Han Gui Lu	Securities Affairs Representative
Lin Ze Qiang	Director
Zhao Yun Chao	Director
Zhang De Shun	Directors, executives
Li Jian Cheng	Executives

Tianjin Jingwei Huikai Optoelectronic Co Headlines

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