Guangzhou Goaland Energy Conservation Tech Co (SZSE:300499) Receivables Turnover : 0.59 (As of Mar. 2025)

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What is Guangzhou Goaland Energy Conservation Tech 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. Guangzhou Goaland Energy Conservation Tech Co's Revenue for the three months ended in Mar. 2025 was ¥218.0 Mil. Guangzhou Goaland Energy Conservation Tech Co's average Accounts Receivable for the three months ended in Mar. 2025 was ¥366.5 Mil. Hence, Guangzhou Goaland Energy Conservation Tech Co's Receivables Turnover for the three months ended in Mar. 2025 was 0.59.

Guangzhou Goaland Energy Conservation Tech Co Receivables Turnover Historical Data

The historical data trend for Guangzhou Goaland Energy Conservation Tech 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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Guangzhou Goaland Energy Conservation Tech Co Receivables Turnover Chart

Guangzhou Goaland Energy Conservation Tech Co Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Receivables Turnover

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1.88

2.02

3.17

2.08

2.19

Guangzhou Goaland Energy Conservation Tech 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															0.63	0.35	0.28	1.03	0.59

Competitive Comparison of Guangzhou Goaland Energy Conservation Tech Co's Receivables Turnover

For the Specialty Industrial Machinery subindustry, Guangzhou Goaland Energy Conservation Tech 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.

Guangzhou Goaland Energy Conservation Tech Co's Receivables Turnover Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Guangzhou Goaland Energy Conservation Tech Co's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Guangzhou Goaland Energy Conservation Tech Co's Receivables Turnover falls into.

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Guangzhou Goaland Energy Conservation Tech Co Receivables Turnover Calculation

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

Guangzhou Goaland Energy Conservation Tech 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 )
=	691.264	/ (	(263.375	+	369.315)	/	2 )
=	691.264	/	316.345
=	2.19

Guangzhou Goaland Energy Conservation Tech 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 )
=	218	/ (	(369.315	+	363.651)	/	2 )
=	218	/	366.483
=	0.59

Guangzhou Goaland Energy Conservation Tech Co (SZSE:300499) 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.

Guangzhou Goaland Energy Conservation Tech Co Receivables Turnover Related Terms

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Guangzhou Goaland Energy Conservation Tech Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Guangzhou Goaland Energy Conservation Tech Co Ltd (SZSE:300499) » Definitions » Receivables Turnover

Comparable Companies

Traded in Other Exchanges

N/A

Address

No.3 Nanyun 5th Road, High-tech Industrial Development Zone, Science City, Guangzhou, CHN, 510663

Website

http://www.goaland.com.cn

Guangzhou Goaland Energy Conservation Tech Co Ltd is a supplier of pure water cooling equipment for domestic power electronic devices. Its products include DC transmission converter valve pure water, Cooling equipment, new energy power converter, pure water cooling equipment, flexible AC transmission and distribution thyristor valve, pure water cooling equipment, high-power electric drive inverter, pure water cooling equipment and control systems for all types of water-cooled equipment.

Executives

Li Qi	Director
Guan Sheng Li	Directors, executives
Liang Qing Li	Executives
Xie Rong Qin	Secretary Dong
Tang Hong	Director
Zhu Zhi Hong	Supervisors
Liao Cui	Securities Affairs Representative
Wu Wen Wei	Director

Guangzhou Goaland Energy Conservation Tech Co Headlines

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