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

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


View and export this data going back to 2012. Start your Free Trial

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.

* Premium members only.

Beijing VRV Software Receivables Turnover Chart

Beijing VRV Software Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 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 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 0.17 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.


;
;

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

* 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.


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

Thank you for viewing the detailed overview of Beijing VRV Software's Receivables Turnover provided by GuruFocus.com. Please click on the following links to see related term pages.


Beijing VRV Software Business Description

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
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

No Headlines