Shenzhen Liantronics Co (SZSE:300269) Receivables Turnover : 2.17 (As of Sep. 2024)

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What is Shenzhen Liantronics 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. Shenzhen Liantronics Co's Revenue for the three months ended in Sep. 2024 was ¥171.2 Mil. Shenzhen Liantronics Co's average Accounts Receivable for the three months ended in Sep. 2024 was ¥78.9 Mil. Hence, Shenzhen Liantronics Co's Receivables Turnover for the three months ended in Sep. 2024 was 2.17.

Shenzhen Liantronics Co Receivables Turnover Historical Data

The historical data trend for Shenzhen Liantronics 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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Shenzhen Liantronics Co Receivables Turnover Chart

Shenzhen Liantronics Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Receivables Turnover

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4.51

3.14

5.43

6.86

6.14

Shenzhen Liantronics 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															1.26	1.57	1.25	1.65	2.17

Competitive Comparison of Shenzhen Liantronics Co's Receivables Turnover

For the Consumer Electronics subindustry, Shenzhen Liantronics 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.

Shenzhen Liantronics Co's Receivables Turnover Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Shenzhen Liantronics Co's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Shenzhen Liantronics Co's Receivables Turnover falls into.

Shenzhen Liantronics Co Receivables Turnover Calculation

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

Shenzhen Liantronics 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 )
=	980.644	/ (	(189.011	+	130.563)	/	2 )
=	980.644	/	159.787
=	6.14

Shenzhen Liantronics 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 )
=	171.224	/ (	(88.437	+	69.431)	/	2 )
=	171.224	/	78.934
=	2.17

Shenzhen Liantronics Co (SZSE:300269) 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.

Shenzhen Liantronics Co Receivables Turnover Related Terms

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Shenzhen Liantronics Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Shenzhen Liantronics Co Ltd (SZSE:300269) » Definitions » Receivables Turnover

Traded in Other Exchanges

N/A

Address

3rd Liuxian Road, Antongda Industrial Zone, Liantronics Building, 2nd Floor, 68 Block Baoan, Bao'an District, Shenzhen, CHN, 518101

Website

http://www.lcjh.com

Shenzhen Liantronics Co Ltd is a China based company engaged in designing, manufacturing, selling and providing services for LED video display systems, LED message boards and LED lighting systems in China. It offers system solutions for medium and high-end LED full color display products. The company offers its products and solutions in China and other international countries. It provides products such as Fine pitch LED display, indoor fixed LED display, outdoor fixed LED display, indoor and outdoor rental LED display and other products. The company offers solutions for Broadcasting Studio, Stage LED Display, Mobile LED Display, Stadium LED Display, and others.

Executives

Xie Zhi Ming	Supervisors
Liu Hu Jun	Directors, executives
Wang Feng	Directors, executives
Wang Guang Yan	Executives
Zhong Ju Ying	Directors, executives
Zhang Ai Ming	Supervisors
Jiang Hao	Executives
Huang Yun Wei	Executives
Xiang Jian Yong	Executives
Yao Tai Ping	Director
Zhang Yan Jun	Director
Qian Ke Yuan	Independent director
Wang Yi Jian	Executives
Wang Gang	Supervisors

Shenzhen Liantronics Co Headlines

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