Beijing VRV Software (SZSE:300352) Receivables Turnover : 0.11 (As of Mar. 2025)

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What is Beijing VRV Software 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. Beijing VRV Software's Revenue for the three months ended in Mar. 2025 was ¥61.6 Mil. Beijing VRV Software's average Accounts Receivable for the three months ended in Mar. 2025 was ¥553.9 Mil. Hence, Beijing VRV Software's Receivables Turnover for the three months ended in Mar. 2025 was 0.11.

Beijing VRV Software Receivables Turnover Historical Data

The historical data trend for Beijing VRV Software'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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Beijing VRV Software Receivables Turnover Chart

Beijing VRV Software Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Receivables Turnover

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0.62

0.79

1.02

1.35

0.89

Beijing VRV Software 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															0.21	0.17	0.24	0.23	0.11

Competitive Comparison of Beijing VRV Software's Receivables Turnover

For the Software - Infrastructure subindustry, Beijing VRV Software'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.

Beijing VRV Software's Receivables Turnover Distribution in the Software Industry

For the Software industry and Technology sector, Beijing VRV Software's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Beijing VRV Software's Receivables Turnover falls into.

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Beijing VRV Software Receivables Turnover Calculation

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

Beijing VRV Software'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 )
=	516.736	/ (	(582.74	+	573.521)	/	2 )
=	516.736	/	578.1305
=	0.89

Beijing VRV Software'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 )
=	61.638	/ (	(573.521	+	534.356)	/	2 )
=	61.638	/	553.9385
=	0.11

Beijing VRV Software (SZSE:300352) 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.

Beijing VRV Software Receivables Turnover Related Terms

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Beijing VRV Software Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Beijing VRV Software Corp Ltd (SZSE:300352) » Definitions » Receivables Turnover

Comparable Companies

Traded in Other Exchanges

N/A

Address

Beijing Zhongguancun South Street, Zhongguancun Science and Technology Development, Building 34, Room 1602, Block C, Haidian District, Beijing, CHN, 100081

Website

http://www.vrv.com.cn

Beijing VRV Software Corp Ltd is engaged in developing, manufacturing & selling of information security software products and services. The company provides data applications, mobile management systems, domestic terminal security systems, border security products, Intranet security products, anti-virus software, and data security products.

Executives

Cen Qian	Supervisors
Wang Xiao Na	Directors, executives
Yang Jie	Directors, executives
Yang Wei	Executives
Hu Jian Bin	Director
Gao Xi	Directors, executives
Lin Hao	Directors, executives
Ma Cheng Dong	Supervisors
Ha Lian Qin	Supervisors
Shen Jian Fei	Independent director
Zhao Zhan Sheng	Independent director

Beijing VRV Software Headlines

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