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Jiangsu Feiliks International Logistics (SZSE:300240) Receivables Turnover : 1.35 (As of Sep. 2024)


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What is Jiangsu Feiliks International Logistics 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. Jiangsu Feiliks International Logistics's Revenue for the three months ended in Sep. 2024 was ¥1,721 Mil. Jiangsu Feiliks International Logistics's average Accounts Receivable for the three months ended in Sep. 2024 was ¥1,276 Mil. Hence, Jiangsu Feiliks International Logistics's Receivables Turnover for the three months ended in Sep. 2024 was 1.35.


Jiangsu Feiliks International Logistics Receivables Turnover Historical Data

The historical data trend for Jiangsu Feiliks International Logistics'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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Jiangsu Feiliks International Logistics Receivables Turnover Chart

Jiangsu Feiliks International Logistics 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 5.85 5.61 8.48 7.36 4.80

Jiangsu Feiliks International Logistics 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 1.32 1.39 1.34 1.41 1.35

Competitive Comparison of Jiangsu Feiliks International Logistics's Receivables Turnover

For the Integrated Freight & Logistics subindustry, Jiangsu Feiliks International Logistics'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.


Jiangsu Feiliks International Logistics's Receivables Turnover Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Jiangsu Feiliks International Logistics's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Jiangsu Feiliks International Logistics's Receivables Turnover falls into.



Jiangsu Feiliks International Logistics Receivables Turnover Calculation

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

Jiangsu Feiliks International Logistics'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 )
=5024.427 / ((953.805 + 1138.635) / 2 )
=5024.427 / 1046.22
=4.80

Jiangsu Feiliks International Logistics'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 )
=1720.935 / ((1305.13 + 1245.988) / 2 )
=1720.935 / 1275.559
=1.35

* 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.


Jiangsu Feiliks International Logistics  (SZSE:300240) 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.


Jiangsu Feiliks International Logistics Receivables Turnover Related Terms

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Jiangsu Feiliks International Logistics Business Description

Traded in Other Exchanges
N/A
Address
No. 999 Meigui Road, Kunshan Economic and Technical Development Zone, Jiangsu Province, Kunshan, CHN, 215300
Jiangsu Feiliks International Logistics Inc. focuses on integrated cargo terminals, container transportation, inland freight, express services, and international freight forwarding agency services.
Executives
Geng Hao Directors, executives
Tang Jun Hong Executives
Zhou Li Hong Supervisors
Feng Guo Kai Supervisors
Shen Li Ming Director
Yao Qin Directors, executives
Wu You Yi Director
Sun Xue Hai Supervisors
Zhao Yi Fei Independent director
Fang Xiao Qing Directors, executives
Dong Zhong Lang Independent director
Liu Shi Jie Supervisors
Yin Ling Executives
Shen Li Li Executives
Chu Jing Executives

Jiangsu Feiliks International Logistics Headlines

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