Jiangsu Leili Motor (SZSE:300660) Receivables Turnover : 0.72 (As of Sep. 2024)

View and export this data going back to 2017. Start your Free Trial

What is Jiangsu Leili Motor 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. Jiangsu Leili Motor's Revenue for the three months ended in Sep. 2024 was ¥853 Mil. Jiangsu Leili Motor's average Accounts Receivable for the three months ended in Sep. 2024 was ¥1,190 Mil. Hence, Jiangsu Leili Motor's Receivables Turnover for the three months ended in Sep. 2024 was 0.72.

Jiangsu Leili Motor Receivables Turnover Historical Data

The historical data trend for Jiangsu Leili Motor'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.

* Premium members only.

Jiangsu Leili Motor Receivables Turnover Chart

Jiangsu Leili Motor Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Receivables Turnover

Get a 7-Day Free Trial

3.83

3.51

3.41

3.06

2.88

Jiangsu Leili Motor 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															0.74	0.75	0.65	0.79	0.72

Competitive Comparison of Jiangsu Leili Motor's Receivables Turnover

For the Electrical Equipment & Parts subindustry, Jiangsu Leili Motor'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.

Jiangsu Leili Motor's Receivables Turnover Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Jiangsu Leili Motor's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Jiangsu Leili Motor's Receivables Turnover falls into.

Jiangsu Leili Motor Receivables Turnover Calculation

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

Jiangsu Leili Motor'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 )
=	3076.707	/ (	(986.419	+	1151.343)	/	2 )
=	3076.707	/	1068.881
=	2.88

Jiangsu Leili Motor'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 )
=	853.291	/ (	(1198.133	+	1182.815)	/	2 )
=	853.291	/	1190.474
=	0.72

Jiangsu Leili Motor (SZSE:300660) 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.

Jiangsu Leili Motor Receivables Turnover Related Terms

Thank you for viewing the detailed overview of Jiangsu Leili Motor's Receivables Turnover provided by GuruFocus.com. Please click on the following links to see related term pages.

Jiangsu Leili Motor Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Jiangsu Leili Motor Corp Ltd (SZSE:300660) » Definitions » Receivables Turnover

Traded in Other Exchanges

N/A

Address

No. 19, Qianjiatang Road, Qianjia Industrial Park, Yaoguan Town, Wujin, Jiangsu Area, Changzhou, CHN, 213011

Website

http://www.czleili.com

Jiangsu Leili Motor Corp Ltd is a China based micro-motor supplier. It specializes in offering stepping motors, brushed and brushless DC motors, synchronous motors and different kinds of micro-pumps; besides, precision module parts, driving control design and micro-motor solutions. The products of the company are used in the industries of automotive, industrial industry sports and fitness, among others. The products of the company are sold in China, and other countries.

Executives

Huang Wen Bo	Directors, executives
Yin Cheng Long	Directors, executives
Hua Rong Wei	Directors, executives

Jiangsu Leili Motor Headlines

No Headlines