New Trend International Logis-tech Co (SZSE:300532) Receivables Turnover : 1.00 (As of Mar. 2025)

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What is New Trend International Logis-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. New Trend International Logis-tech Co's Revenue for the three months ended in Mar. 2025 was ¥705 Mil. New Trend International Logis-tech Co's average Accounts Receivable for the three months ended in Mar. 2025 was ¥705 Mil. Hence, New Trend International Logis-tech Co's Receivables Turnover for the three months ended in Mar. 2025 was 1.00.

New Trend International Logis-tech Co Receivables Turnover Historical Data

The historical data trend for New Trend International Logis-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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New Trend International Logis-tech Co Receivables Turnover Chart

New Trend International Logis-tech Co Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Receivables Turnover

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4.72

6.42

3.88

3.71

3.29

New Trend International Logis-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															1.13	1.24	0.49	0.41	1.00

Competitive Comparison of New Trend International Logis-tech Co's Receivables Turnover

For the Software - Application subindustry, New Trend International Logis-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.

New Trend International Logis-tech Co's Receivables Turnover Distribution in the Software Industry

For the Software industry and Technology sector, New Trend International Logis-tech Co's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where New Trend International Logis-tech Co's Receivables Turnover falls into.

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New Trend International Logis-tech Co Receivables Turnover Calculation

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

New Trend International Logis-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 )
=	2367.454	/ (	(682.947	+	757.127)	/	2 )
=	2367.454	/	720.037
=	3.29

New Trend International Logis-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 )
=	705.374	/ (	(757.127	+	652.421)	/	2 )
=	705.374	/	704.774
=	1.00

New Trend International Logis-tech Co (SZSE:300532) 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.

New Trend International Logis-tech Co Receivables Turnover Related Terms

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New Trend International Logis-tech Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » New Trend International Logis-tech Co Ltd (SZSE:300532) » Definitions » Receivables Turnover

Comparable Companies

Traded in Other Exchanges

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Address

Cuibao Road, Baolong Street, Room 101, Jinri International Office Building, Baolong Community, Longgang District, Guangdong, Shenzhen, CHN, 518116

Website

https://www.nti56.com

New Trend International Logis-tech Co Ltd provides logistics system integration services. It provides warehousing, distribution and logistics automation systems and services. It offers logistics software, including warehouse control system, warehouse management system, data acquisition, and monitoring system, logistics management integration platform, transportation management system, and picking management system. It provides production planning, design, system integration, software development, equipment customization; and after-sales service, and a series of services. Its automatic logistics systems are mainly used in tobacco, cold chain, new energy vehicles, medicine, machinery manufacturing, airports, retail chains, e-commerce and food and beverage industries.

Executives

Liu Cheng Kai	Executives
Xia Bi Wu	Supervisors
Shao Jian Wei	Director
Liang Jian Ping	Executives
Zhang Xiao Qi	Directors, executives

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