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JSTI Group (SZSE:300284) Receivables Turnover : 0.19 (As of Mar. 2024)


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What is JSTI Group 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. JSTI Group's Revenue for the three months ended in Mar. 2024 was ¥889 Mil. JSTI Group's average Accounts Receivable for the three months ended in Mar. 2024 was ¥4,695 Mil. Hence, JSTI Group's Receivables Turnover for the three months ended in Mar. 2024 was 0.19.


JSTI Group Receivables Turnover Historical Data

The historical data trend for JSTI Group'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.

JSTI Group Receivables Turnover Chart

JSTI Group 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 0.93 0.90 1.06 1.18 1.16

JSTI Group Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 0.21 0.26 0.25 0.47 0.19

Competitive Comparison of JSTI Group's Receivables Turnover

For the Engineering & Construction subindustry, JSTI Group'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.


JSTI Group's Receivables Turnover Distribution in the Construction Industry

For the Construction industry and Industrials sector, JSTI Group's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where JSTI Group's Receivables Turnover falls into.



JSTI Group Receivables Turnover Calculation

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

JSTI Group'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 )
=5277.806 / ((4338.71 + 4774.557) / 2 )
=5277.806 / 4556.6335
=1.16

JSTI Group's Receivables Turnover for the quarter that ended in Mar. 2024 is calculated as

Receivables Turnover (Q: Mar. 2024 )
=Revenue / Average Total Inventories
=Revenue (Q: Mar. 2024 ) / ((Accounts Receivable (Q: Dec. 2023 ) + Accounts Receivable (Q: Mar. 2024 )) / count )
=889.158 / ((4774.557 + 4616.392) / 2 )
=889.158 / 4695.4745
=0.19

* 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.


JSTI Group  (SZSE:300284) 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.


JSTI Group Receivables Turnover Related Terms

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JSTI Group (SZSE:300284) Business Description

Traded in Other Exchanges
N/A
Address
233 Shui Xi Men Street, Nanjing, CHN, 210017
JSTI Group is a global engineering consulting firm. The company's services include planning consultation, survey and design, test and inspection, project and construction management and urban management optimization, engineering and architecture, risk management of natural disasters, design, supervision, and maintenance of hydraulic infrastructures. The company offers its services for highway, rail, maritime, aviation, water, environment, architecture, industry, and government fields, as well as smart cities.
Executives
Zhu Xiao Ning Directors, executives
Wang Jun Hua Director
Pan Ling Song Secretary Dong
Fu Guan Hua Director
Ma Jian Biao Executives
Zhang Hai Jun Executives
Zhu Shao Wei Directors, executives
Cao Rong Ji Executives
Liang Xin Zheng Executives
Li Da Peng Executives
Wang Jia Qiang Executives

JSTI Group (SZSE:300284) Headlines

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