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AMSKY Technology Co (SZSE:300521) Receivables Turnover : 1.47 (As of Sep. 2024)


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What is AMSKY 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. AMSKY Technology Co's Revenue for the three months ended in Sep. 2024 was ¥41.9 Mil. AMSKY Technology Co's average Accounts Receivable for the three months ended in Sep. 2024 was ¥28.6 Mil. Hence, AMSKY Technology Co's Receivables Turnover for the three months ended in Sep. 2024 was 1.47.


AMSKY Technology Co Receivables Turnover Historical Data

The historical data trend for AMSKY 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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AMSKY Technology Co Receivables Turnover Chart

AMSKY Technology Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.15 0.95 1.75 5.08 6.63

AMSKY Technology Co Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 0.34 0.81 1.29 1.66 1.47

Competitive Comparison of AMSKY Technology Co's Receivables Turnover

For the Specialty Industrial Machinery subindustry, AMSKY 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.


AMSKY Technology Co's Receivables Turnover Distribution in the Industrial Products Industry

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

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



AMSKY Technology Co Receivables Turnover Calculation

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

AMSKY Technology Co's Receivables Turnover for the fiscal year that ended in Dec. 2023 is calculated as

Receivables Turnover (A: Dec. 2023 )
=Revenue / Average Total Inventories
=Revenue (A: Dec. 2023 ) / ((Accounts Receivable (A: Dec. 2022 ) + Accounts Receivable (A: Dec. 2023 )) / count )
=159.325 / ((22.314 + 25.746) / 2 )
=159.325 / 24.03
=6.63

AMSKY Technology Co's Receivables Turnover for the quarter that ended in Sep. 2024 is calculated as

Receivables Turnover (Q: Sep. 2024 )
=Revenue / Average Total Inventories
=Revenue (Q: Sep. 2024 ) / ((Accounts Receivable (Q: Jun. 2024 ) + Accounts Receivable (Q: Sep. 2024 )) / count )
=41.872 / ((29.393 + 27.74) / 2 )
=41.872 / 28.5665
=1.47

* 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.


AMSKY Technology Co  (SZSE:300521) 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.


AMSKY Technology Co Receivables Turnover Related Terms

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AMSKY Technology Co Business Description

Traded in Other Exchanges
N/A
Address
No. 18, Jiufo Construction New Street, Room 112, Zhongxin Guangzhou Knowledge City, Guangdong, Guangzhou, CHN, 510555
AMSKY Technology Co Ltd is a China-based company engaged in the research and development, production and sales of industrial printing products, sales and service of prepress equipment and prepress materials. Its core technologies are laser technology, piezoelectric ink-jet printing technology, and precision motion control system. Its products include Aurora series, Aura series, Ausetter series, and Sand Mold 3D printers among others. It also provides industrial printing core technology and multi-technology.
Executives
Zhu Fan Directors, executives
Xie Xiao Nan Executives

AMSKY Technology Co Headlines

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