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T&S Communications Co (SZSE:300570) Receivables Turnover : 0.79 (As of Mar. 2025)


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What is T&S Communications 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. T&S Communications Co's Revenue for the three months ended in Mar. 2025 was ¥371 Mil. T&S Communications Co's average Accounts Receivable for the three months ended in Mar. 2025 was ¥466 Mil. Hence, T&S Communications Co's Receivables Turnover for the three months ended in Mar. 2025 was 0.79.


T&S Communications Co Receivables Turnover Historical Data

The historical data trend for T&S Communications 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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T&S Communications Co Receivables Turnover Chart

T&S Communications 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 4.89 3.64 3.93 2.57 3.10

T&S Communications 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 0.55 0.71 0.92 0.97 0.79

Competitive Comparison of T&S Communications Co's Receivables Turnover

For the Communication Equipment subindustry, T&S Communications 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.


T&S Communications Co's Receivables Turnover Distribution in the Hardware Industry

For the Hardware industry and Technology sector, T&S Communications Co's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where T&S Communications Co's Receivables Turnover falls into.


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T&S Communications Co Receivables Turnover Calculation

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

T&S Communications 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 )
=1377.818 / ((410.196 + 478.885) / 2 )
=1377.818 / 444.5405
=3.10

T&S Communications 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 )
=370.556 / ((478.885 + 453.551) / 2 )
=370.556 / 466.218
=0.79

* 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.


T&S Communications Co  (SZSE:300570) 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.


T&S Communications Co Receivables Turnover Related Terms

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T&S Communications Co Business Description

Traded in Other Exchanges
N/A
Address
No. 8 Jinxiu Middle Road, Kengzi Street, Taichen Optical Communication Technology Park, Xiuxin Community, Pingshan District, Guangdong Province, Shenzhen, CHN, 518118
T&S Communications Co Ltd operates in the Chinese ceramic ferrule industry. The company is mainly engaged in the research and development, production and sales of optical components and optical sensing systems. The main products include ceramic ferrules, various fibre optic connectors, PLC splitters, wavelength division multiplexers, couplers, fibre gratings and other optical components as well as optical fibre sensing monitoring systems. The products are mainly sold overseas. The products are widely used in optical fibre-to-the-home optical communication networks and data centres, internet data storage and cloud computing.
Executives
Zhang Ying Hua Director
Xiao Xiang Jie Directors, executives
Zhang Yi Ming Directors, executives
Wu Di Chun Supervisors
Zhang Zhi Min Director

T&S Communications Co Headlines

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