Wuxi Hodgen Technology Co (SZSE:300279) Receivables Turnover : 0.90 (As of Mar. 2025)

View and export this data going back to 2011. Start your Free Trial

What is Wuxi Hodgen Technology 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. Wuxi Hodgen Technology Co's Revenue for the three months ended in Mar. 2025 was ¥460 Mil. Wuxi Hodgen Technology Co's average Accounts Receivable for the three months ended in Mar. 2025 was ¥513 Mil. Hence, Wuxi Hodgen Technology Co's Receivables Turnover for the three months ended in Mar. 2025 was 0.90.

Wuxi Hodgen Technology Co Receivables Turnover Historical Data

The historical data trend for Wuxi Hodgen Technology 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.

Wuxi Hodgen Technology Co Receivables Turnover Chart

Wuxi Hodgen Technology Co Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Receivables Turnover

Get a 7-Day Free Trial

4.31

4.56

3.72

3.74

3.97

Wuxi Hodgen Technology 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															1.01	1.02	0.96	0.99	0.90

Competitive Comparison of Wuxi Hodgen Technology Co's Receivables Turnover

For the Electronic Components subindustry, Wuxi Hodgen Technology 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.

Wuxi Hodgen Technology Co's Receivables Turnover Distribution in the Hardware Industry

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

* The bar in red indicates where Wuxi Hodgen Technology Co's Receivables Turnover falls into.

Save Embed

;

Save Embed

;

Wuxi Hodgen Technology Co Receivables Turnover Calculation

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

Wuxi Hodgen Technology 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 )
=	2079.602	/ (	(524.04	+	523.403)	/	2 )
=	2079.602	/	523.7215
=	3.97

Wuxi Hodgen Technology 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 )
=	459.912	/ (	(523.403	+	503.026)	/	2 )
=	459.912	/	513.2145
=	0.90

Wuxi Hodgen Technology Co (SZSE:300279) 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.

Wuxi Hodgen Technology Co Receivables Turnover Related Terms

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

Wuxi Hodgen Technology Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Wuxi Hodgen Technology Co Ltd (SZSE:300279) » Definitions » Receivables Turnover

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 177, Changjiang East Road, Jiangsu Province, Wuxi, CHN, 214145

Website

http://www.hodgen-china.com

Wuxi Hodgen Technology Co Ltd is an electrical machinery and equipment manufacturing company. It is organized into four business segments: the Hejingzhi Manufacturing segment is engaged in the research, development, manufacture and sales of white goods and intelligent hardware. The System Integration segment provides information services for various enterprises and institutions in the government, education and other industries. The Interactive Data segment serves the broadcasting and television system, the main source of income is access network equipment and intelligent terminals. The Internet Education segment provides a cloud platform for preschool education.

Executives

Gu Qun	Directors, executives
Xu Hong Bin	Directors, executives
Wang Jin	Executives
Chen Bai Lin	Director
Zhou Wei Li	Supervisors
Wang Da Peng	Executives
Qiu Xiao Bin	Directors, executives
Ying Yan Ping	Supervisors
Zhang Chen Yang	Director

Wuxi Hodgen Technology Co Headlines

No Headlines