Hebei Huijin Group Co (SZSE:300368) Receivables Turnover : 0.19 (As of Mar. 2025)

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What is Hebei Huijin Group 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. Hebei Huijin Group Co's Revenue for the three months ended in Mar. 2025 was ¥26.3 Mil. Hebei Huijin Group Co's average Accounts Receivable for the three months ended in Mar. 2025 was ¥137.8 Mil. Hence, Hebei Huijin Group Co's Receivables Turnover for the three months ended in Mar. 2025 was 0.19.

Hebei Huijin Group Co Receivables Turnover Historical Data

The historical data trend for Hebei Huijin Group 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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Hebei Huijin Group Co Receivables Turnover Chart

Hebei Huijin Group Co Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Receivables Turnover

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1.55

1.09

0.38

0.31

0.35

Hebei Huijin Group 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															0.08	0.06	0.07	0.12	0.19

Competitive Comparison of Hebei Huijin Group Co's Receivables Turnover

For the Specialty Industrial Machinery subindustry, Hebei Huijin Group 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.

Hebei Huijin Group Co's Receivables Turnover Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Hebei Huijin Group Co's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Hebei Huijin Group Co's Receivables Turnover falls into.

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Hebei Huijin Group Co Receivables Turnover Calculation

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

Hebei Huijin Group 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 )
=	183.167	/ (	(900.497	+	135.525)	/	2 )
=	183.167	/	518.011
=	0.35

Hebei Huijin Group 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 )
=	26.26	/ (	(135.525	+	140.051)	/	2 )
=	26.26	/	137.788
=	0.19

Hebei Huijin Group Co (SZSE:300368) 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.

Hebei Huijin Group Co Receivables Turnover Related Terms

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Hebei Huijin Group Co Business Description

Industry

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Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 209 Xiangjiang Road, National Hi-Tech Industry Development Zone, Hebei Province, Shijiazhuang, CHN, 050035

Website

http://www.hjjs.com

Hebei Huijin Group Co Ltd formerly Hebei Huijin Electromechanical Co Ltd is a Chinese high-tech enterprise engaged in the research and development, production, sales, and service of financial equipment. The company offers Binding series products, Bundling series products, and Self-service products. Binding series products comprises ZD series high-intelligent binding machine and HJ series automatic binding machine. Bundling series products includes automatic banknote binding machine, which extends to the banknote plastic packaging, the banknote clearing line, and the robot banknote finishing center. The Self-service products cover printing machine, bill machine, and self-service system integration products.

Executives

Wang Dong Kai	Director
Sun Jing Tao	Director
Wang Bing	Executives
Peng Jian Wen	Director
Wang Ming Gao	Director
Wu Hong	Supervisors
Zhao Hai Jin	Secretary, Director
Zhang Yun Xia	Executives
Gao Ji Jun	Director
Liu Li Xin	Executives
Lin Jin Biao	Director
Ren Jun Yan	Supervisors
Bao Xi Bo	Directors, executives
Liu Feng	Director
Wang Ming Wen	Supervisors

Hebei Huijin Group Co Headlines

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