Guangdong Transtek Medical Electronics Co (SZSE:300562) Receivables Turnover : 1.53 (As of Mar. 2025)

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What is Guangdong Transtek Medical Electronics 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. Guangdong Transtek Medical Electronics Co's Revenue for the three months ended in Mar. 2025 was ¥273 Mil. Guangdong Transtek Medical Electronics Co's average Accounts Receivable for the three months ended in Mar. 2025 was ¥179 Mil. Hence, Guangdong Transtek Medical Electronics Co's Receivables Turnover for the three months ended in Mar. 2025 was 1.53.

Guangdong Transtek Medical Electronics Co Receivables Turnover Historical Data

The historical data trend for Guangdong Transtek Medical Electronics 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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Guangdong Transtek Medical Electronics Co Receivables Turnover Chart

Guangdong Transtek Medical Electronics Co Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Receivables Turnover

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5.53

5.31

3.64

4.43

5.24

Guangdong Transtek Medical Electronics 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															1.10	1.10	1.23	1.25	1.53

Competitive Comparison of Guangdong Transtek Medical Electronics Co's Receivables Turnover

For the Medical Devices subindustry, Guangdong Transtek Medical Electronics 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.

Guangdong Transtek Medical Electronics Co's Receivables Turnover Distribution in the Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, Guangdong Transtek Medical Electronics Co's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Guangdong Transtek Medical Electronics Co's Receivables Turnover falls into.

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Guangdong Transtek Medical Electronics Co Receivables Turnover Calculation

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

Guangdong Transtek Medical Electronics 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 )
=	983.982	/ (	(216.204	+	159.064)	/	2 )
=	983.982	/	187.634
=	5.24

Guangdong Transtek Medical Electronics 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 )
=	273.307	/ (	(159.064	+	198.933)	/	2 )
=	273.307	/	178.9985
=	1.53

Guangdong Transtek Medical Electronics Co (SZSE:300562) 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.

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Guangdong Transtek Medical Electronics Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Devices & Instruments » Guangdong Transtek Medical Electronics Co Ltd (SZSE:300562) » Definitions » Receivables Turnover

Comparable Companies

Traded in Other Exchanges

N/A

Address

Area A, No.105 Dongli Road, Torch Development District, Guangdong Province, Zhongshan, CHN, 528437

Website

https://www.lifesense.com

Guangdong Transtek Medical Electronics Co Ltd operates in the digital health industry. The company is specializing in the research and development, production and sales of home medical and health electronic products and the development of the intelligent and healthy cloud platform. Its products mainly include electronic health scales, fat measuring instruments, wearable watches, electronic blood pressure monitors and electronic blood glucose meters. The company also offers an intelligent health cloud platform which mainly includes music and intelligent hardware integration services for sports, slimming and chronic disease management.

Executives

Pan Wei Chao	Directors, executives
Xu Lang	Directors, executives
Mai Jiong Zhang	Directors, executives
Sha Hua Hai	Directors, executives
Xu Ying Feng	Executives

Guangdong Transtek Medical Electronics Co Headlines

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