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Boji Medical Technology Co (SZSE:300404) Receivables Turnover : 0.84 (As of Mar. 2025)


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What is Boji Medical 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. Boji Medical Technology Co's Revenue for the three months ended in Mar. 2025 was ¥138.9 Mil. Boji Medical Technology Co's average Accounts Receivable for the three months ended in Mar. 2025 was ¥165.4 Mil. Hence, Boji Medical Technology Co's Receivables Turnover for the three months ended in Mar. 2025 was 0.84.


Boji Medical Technology Co Receivables Turnover Historical Data

The historical data trend for Boji Medical 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.

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Boji Medical Technology Co Receivables Turnover Chart

Boji Medical Technology Co 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 5.47 5.67 5.19 5.40 5.22

Boji Medical 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 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 1.25 1.13 1.33 1.10 0.84

Competitive Comparison of Boji Medical Technology Co's Receivables Turnover

For the Biotechnology subindustry, Boji Medical 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.


Boji Medical Technology Co's Receivables Turnover Distribution in the Biotechnology Industry

For the Biotechnology industry and Healthcare sector, Boji Medical Technology Co's Receivables Turnover distribution charts can be found below:

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


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Boji Medical Technology Co Receivables Turnover Calculation

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

Boji Medical 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 )
=742.019 / ((114.416 + 169.704) / 2 )
=742.019 / 142.06
=5.22

Boji Medical 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 )
=138.862 / ((169.704 + 161.123) / 2 )
=138.862 / 165.4135
=0.84

* 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.


Boji Medical Technology Co  (SZSE:300404) 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.


Boji Medical Technology Co Receivables Turnover Related Terms

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Boji Medical Technology Co Business Description

Traded in Other Exchanges
N/A
Address
Nanxiang 1st Road, Building No. 62, Science City, Huangpu District, Guangdong Province, Guangzhou, CHN, 510640
Boji Medical Technology Co Ltd is engaged in offering outsourcing services for drug research and development. Its services include drug research and development, including new drug research and activity screening, pharmaceutical research, drug evaluation Price, clinical research, technological achievements transformation services, and pre-clinical independent research and development.
Executives
Ma Ren Qiang Executives
Wang Ting Chun Directors, executives
Han Yu Ping Executives
Tan Bo Executives
Ou Xiu Qing Executives
Zhu Quan Directors, executives
Xiao Hui Feng Supervisors

Boji Medical Technology Co Headlines

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